431 Pandora Avenue E

Melrose, Winnipeg

Property score

57.4

Fair

Overall 57.4 · Newer than most nearby homes

976 sqft (top 43%) · Built in 1959 (12 yrs newer 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

Near average

0% larger than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 88%Tagalog · 4%

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

57.4 is composed by the two sections below.

Property Score

49.3Low
Living Area976 sqft42Low
Year Built195943Low
Lot Size5,940 sqft74Good
Neighbourhood Sales Activity88Excellent

Community Score

69.5Good
Household Income75Good
Education Level22Low
Housing Stress93Excellent
Core Housing Need100Excellent
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: #46110837

Community deep dive

$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

Population, labour & age

Population (2021)407
Labour force participation rate75%
Median age36.4
Avg household size2.3
Unemployment rate5%
Population density3700 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households30%
Couple families with children22%
Median household income (2020)$77K

Housing

Renter households13%
Condominium dwellings5%
Median dwelling value (owners)$230K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority11%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

around average
976 sqft
0255075100
Same streetTop 50%Same areaTop 43%CitywideBottom 24%
Same street · Pandora Avenue E
#84 / 168
Top 50% · Avg 1,005 sqft
Same area · Melrose
#240 / 557
Top 43% · Avg 973 sqft
Citywide · Winnipeg
#148,657 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

above average
306k
0255075100
Same streetBottom 48%Same areaTop 25%CitywideBottom 31%
Same street · Pandora Avenue E
#87 / 168
Bottom 48% · Avg 304.8k
Same area · Melrose
#137 / 557
Top 25% · Avg 272.5k
Citywide · Winnipeg
#134,217 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1959
0255075100
Same streetBottom 48%Same areaTop 24%CitywideBottom 40%

Lot Size

above average
5,940 sqft
0255075100
Same streetTop 43%Same areaTop 8%CitywideTop 34%

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

431 Pandora Avenue E — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 202 m).

Search radius
🌳Parks1

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

431 Pandora Avenue E: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 431 Pandora Avenue E, Winnipeg

Property Overview: 431 Pandora Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Melrose presents a practical opportunity. Built in 1959, it sits on a generous 5,940 sqft lot, which is notably larger than many in the immediate area and ranks in the top 8% for lot size within the wider neighbourhood. The home itself is 976 sqft with a renovated basement and a detached garage.

Its primary appeal lies in its balance of space and value. The large lot offers significant outdoor potential and a sense of privacy uncommon for the area, while the renovated basement adds functional living space. With an assessed value firmly in the top third for its street and neighbourhood, it suggests a property that holds its own in a stable community. This home would suit first-time buyers or downsizers looking for a manageable single-level layout with room to grow outdoors, or an investor seeking a property with solid fundamentals and the upside of a large, versatile lot in an established area.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
The home is in the Melrose neighbourhood. The provided data shows the property ranks highly (top 17%) for assessed value within its broader community, indicating it is among the better-maintained or more desirable properties in the area.

2. How does the lot size compare?
The 5,940 sqft lot is a standout feature. It ranks in the top 8% for lot size within the wider neighbourhood, meaning it is significantly larger than most comparable properties, offering more yard space and potential.

3. Is the home updated?
The listing confirms a renovated basement, adding modernized living space. The age of updates to the main floor is not specified in the provided data and would require further inquiry.

4. How does the assessed value relate to the likely selling price?
The assessed value is $30,600, which is used for municipal tax purposes. Market value is determined by current buyer demand and can be higher or lower. The home’s assessed value ranks well against neighbours, suggesting it is not undervalued for the area.

5. What are comparable nearby properties?
The data lists several nearby homes with similar assessed values in the low $30,000s, primarily in the Kildare-Redonda area, and others with larger living areas and higher values in newer neighbourhoods like Kern Park. This highlights this property’s position as a value-oriented option in the central market.

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