Property score
64.6
Fair
Overall 64.6 · Larger but older than most nearby homes
1,332 sqft (top 9%) · Built in 1912 (35 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 88%Tagalog · 4%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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64.6 is composed by the two sections below.
Property Score
Community Score
Melrose
How to read: Share of sales in each ~$50k price band for “melrose” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110837
$77K
Median household income
$88K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
30%
Single-person households
22%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
425 Pandora Avenue E — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 233 m).
Melrose · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 17% | Top 16% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 425 Pandora Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its generous proportions and established location. Its primary appeal lies in offering significantly more living space (1,332 sq ft) than most homes on its street and in the wider Melrose area, ranking in the top 10% locally. This is complemented by a large, above-average lot size for the neighbourhood (5,940 sq ft), offering valuable outdoor space and potential.
Built in 1912, the property is a century home, which suggests classic character but also necessitates a buyer's awareness of the maintenance and updating typical for a house of this age. Its assessed value is modest relative to the Winnipeg city average, which can indicate a more accessible entry point into a home of this size.
This property would best suit a practical buyer who values interior and land space over modern construction, and who is prepared for the stewardship of an older home. It’s a fit for those looking for a long-term project, a family needing room to grow indoors and out, or an investor attracted by the lot size and the value of space in the community.
Section 2: Frequently Asked Questions
1. What does the "below average" ranking for Year Built mean for me?
It confirms the home is notably older than most. This isn't inherently negative—it often means classic architectural details and mature landscapes—but it underscores the importance of a thorough inspection for foundational, mechanical, and insulation standards.
2. The living area is large for the area, but the assessed value is average locally. Why?
This combination often reflects the age and condition of the property. You are paying primarily for the generous amount of space and land, rather than for modern finishes or recent renovations. It can represent an opportunity to add value through updates over time.
3. How significant is the lot size?
At nearly 6,000 sq ft and in the top 8% for Melrose, the lot is a major asset. It provides ample yard space, better privacy, and future potential for additions, gardens, or outdoor living areas that are rare in the area.
4. The home last sold between $300k-$350k in 2022, but is assessed at $270k. Which figure is more relevant?
The 2022 sale price is a concrete market transaction, while the assessed value is for municipal tax purposes. The sale price is a stronger indicator of actual market value at that time, and the gap may reflect market changes, specific property conditions, or updates made by the previous owner.
5. Who are the "comparable homes" in these rankings?
The comparisons are based on groups of homes with similar core attributes. For this property, comparables are likely other single-family homes in the stated geographic circles (same street, Melrose area, city-wide). The rankings show how this home measures up in specific metrics against those peers.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
