Property score
58.7
Fair
Overall 58.7 · Larger but older than most nearby homes
1,145 sqft (top 20%) · Built in 1920 (27 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: 2 parks nearby
Living Area
Above average
18% larger than neighborhood avg.
Year Built
Below average
27 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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58.7 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
432 Melrose Avenue E — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 189 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 16% | Top 15% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
432 Melrose Avenue E is a character home built in 1920, offering a blend of historic charm and above-average space for its immediate area. With 1,145 square feet of living area, it sits comfortably in the top 20% of homes in the Melrose neighbourhood for size. The lot is a generous 4,455 sqft, providing ample outdoor space that is on par with local averages. Its assessed value is notably above average for the street and neighbourhood, though it is more typical when compared to the wider city. Recent sales data indicates it last sold between $300k-$350k in 2022.
Key Characteristics & Appeal
The primary appeal of this property lies in its spaciousness relative to other homes on Melrose Avenue and in the Melrose area, offering more interior room than many of its peers. Its large lot presents a valuable opportunity for gardening, expansion, or simply enjoying more private outdoor space—a feature not to be underestimated in a mature neighbourhood. The home’s 1920 vintage suggests potential for classic architectural details, but also implies a need for a buyer comfortable with the maintenance considerations of a century-old structure. It would suit a buyer looking for a character home with a sizeable yard, who values space over newness and is prepared for the realities of an older build. It’s a practical choice for someone seeking a home that stands out in its local context without a premium city-wide price tag.
1. How does the home’s age impact its value and condition?
Built in 1920, the home is older than most in the area and city. This can mean charming character but also likely requires more diligent maintenance and potential updates to mechanical systems like wiring or plumbing compared to newer builds.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. The home’s last known sale price ($300k-$350k in 2022) and current local market conditions are more direct indicators of its potential selling price.
3. What does the "above average" living area ranking actually mean for daily life?
Ranking in the top 19% on its street for living area means this home offers more interior space than over 80% of its closest neighbours. This translates to more room for living, storage, and family life compared to many other homes in the immediate vicinity.
4. The lot size is "around average" locally but below the city average. Is that a concern?
Not for neighbourhood consistency. The lot is typical for Melrose, meaning you’re getting the expected amount of outdoor space for that community. The city-wide average is skewed by newer suburbs with larger lots, so the local comparison is more relevant.
5. Can I find out the exact price it sold for in 2022?
Yes, but the exact sale price is not publicly displayed due to privacy regulations. You can request the precise figure by emailing the listing service, which provides it manually as a free service.
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