Property score
48.5
Below average
Overall 48.5 · Smaller but newer than most nearby homes
772 sqft (bottom 23%) · Built in 1959 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 1 place of worship nearby
Living Area
Below average
21% smaller than neighborhood avg.
Taon ng Paggawa
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 6%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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48.5 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 na bahay (hindi 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: #46110833
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
450 Melrose Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 449 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 26% | Top 26% | Bottom 34% |
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 31% | Top 32% | Bottom 31% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 450 Melrose Avenue W
Key Characteristics & Appeal
This home at 450 Melrose Avenue W is a compact, well-situated property built in 1959. Its primary appeal lies in its efficient scale and established neighbourhood context. With 772 square feet of living space, it is notably smaller than most homes in Winnipeg, which may appeal to those seeking a low-maintenance footprint without the premium price of a newer, small condo. The assessed value of $280,000 is very typical for its immediate area, suggesting it is priced in line with local expectations rather than carrying an inflated valuation.
The lot size of 3,629 sq ft is fairly standard for the street, offering modest outdoor space. A thoughtful perspective is that while the home is smaller than city averages, its 1959 build date makes it newer than many neighbouring houses, potentially implying updates or construction methods from a more modern era. This property would suit first-time buyers, downsizers, or investors looking for an affordable entry into the market who prioritize location over size and are comfortable with a home that requires efficient use of space.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 772 sq ft, the living area is below the average for Melrose Avenue W, where comparable homes average about 980 sq ft. It represents a more compact option on the street.
2. Is the assessed value high for this area?
No, the $280,000 assessment is around the median for the immediate area, ranking it almost exactly in the middle when compared to its neighbours on Melrose Avenue W.
3. How old is this home relative to others in Winnipeg?
Built in 1959, it is newer than about 75% of homes on its street and in the broader Melrose area. City-wide, its age is fairly typical, sitting close to the median benchmark.
4. What have similar properties recently sold for?
Based on public data, this property sold in the $250,000–$300,000 range in both 2021 and 2023. These sale prices placed it in the top third of sales for the local area at those times.
5. How can I find out the exact historical sold prices?
The exact sold prices are not published publicly. You can request this information by email via the button on this page; the service provides the accurate figures manually at no cost and without marketing spam.
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