430 Melrose Avenue W

Melrose, Winnipeg

Property score

44.0

Below average

Overall 44.0 · Smaller and older than most nearby homes

782 sqft (bottom 25%) · Built in 1900 (47 yrs older than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

47 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 6%

Past 10 years Melrose sales snapshot (~80% of all data)

Sold Count

259

Median price

212.8k

$/sqft

$256/sqft

Avg build year

1947

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Property score

44.0 is composed by the two sections below.

Property Score

25.5Low
Living Area782 sqft22Low
Year Built19005Low
Lot Size3,629 sqft46Low
Neighbourhood Sales Activity88Excellent

Community Score

71.7Good
Household Income75Good
Education Level44Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110833

Community deep dive

$77K

Median household income

$88K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

35%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)776
Labour force participation rate74%
Median age40.0
Avg household size2.2
Unemployment rate8%
Population density4084 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households35%
Couple families with children20%
Median household income (2020)$77K

Housing

Renter households20%
Condominium dwellings32%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority25%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
782 sqft
0255075100
Same streetBottom 23%Same areaBottom 25%CitywideBottom 8%
Same street · Melrose Avenue W
#265 / 342
Bottom 23% · Avg 980 sqft
Same area · Melrose
#417 / 557
Bottom 25% · Avg 973 sqft
Citywide · Winnipeg
#179,009 / 194,458
Bottom 8% · Avg 1,342 sqft

Tax-Assessed Value

around average
245k
0255075100
Same streetBottom 30%Same areaBottom 32%CitywideBottom 16%
Same street · Melrose Avenue W
#240 / 342
Bottom 30% · Avg 275k
Same area · Melrose
#378 / 557
Bottom 32% · Avg 272.5k
Citywide · Winnipeg
#163,299 / 194,458
Bottom 16% · Avg 390.1k

Year Built

below average
1900
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%

Lot Size

around average
3,629 sqft
0255075100
Same streetBottom 43%Same areaBottom 41%CitywideBottom 21%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

430 Melrose Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 373 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 11/2021CA$200k–250k
Sold price

Same street

Top 43%

Same area

Top 42%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 430 Melrose Avenue W, Winnipeg

Property Overview

This home at 430 Melrose Avenue W is a compact, character property built in 1900. With 782 sqft of living space on a 3,629 sqft lot, it is notably smaller than both local and city-wide averages, placing it in the top 92% of Winnipeg for compactness. Its assessed value of $24,500 is modest and around average for its immediate area, though well below the city average. The home last sold between $200k-$250k in 2021.

Key Characteristics & Appeal

The primary appeal of this property lies in its efficiency and affordability within an established neighbourhood. It is a straightforward, no-frills home that offers a manageable footprint, which can mean lower utility costs and less maintenance. Its assessed value and recent sale price suggest it is an accessible entry point into the market.

This home would suit a specific type of buyer: a first-time homebuyer or an investor looking for a practical, lower-cost property. It could also appeal to someone seeking to minimize their living space or who values the potential character of a century-old home over modern size expectations. A thoughtful perspective is that its smaller size and lot represent a lower environmental footprint and a simpler lifestyle, which some buyers actively seek. However, the 1900 build date means prospective buyers should be prepared for the realities and potential costs of an older home.

Frequently Asked Questions

1. What does the "Top 92%" ranking for living area mean?
This means the home's living area is smaller than 92% of comparable properties across Winnipeg. It is a notably compact home, even compared to others in the Melrose area.

2. Is the $24,500 assessed value the sale price?
No. The assessed value is for municipal tax purposes. The home last sold in the $200,000 to $250,000 range in 2021, which is the more relevant figure for market value.

3. What are the main considerations with a home built in 1900?
Buyers should budget for potential updates to older mechanical systems (like plumbing and wiring), insulation, and windows. A thorough home inspection is essential to understand the condition and any needed repairs.

4. How does the lot size compare?
At 3,629 sqft, the lot is slightly below the average for the street and area, but fairly typical for older neighbourhoods. It provides a modest outdoor space without extensive yard work.

5. How can I find out the exact past sale price?
The listing service provides an estimated range publicly. You can request the exact sale price by emailing them through the provided form; they manually provide the figure without marketing spam.

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