Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Above Average. Ranked #25 out of 135 (Top 19%). The street average for comparable homes is 1,262 sqft.
Neighborhood Level (Melrose): Above Average. Ranked #25 out of 234 (Top 11%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #2,594 out of 26,841 (Top 10%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pandora Avenue W): Above Average. Ranked #23 out of 135 (Top 17%). The street average for comparable homes is 299.9k.
Neighborhood Level (Melrose): Above Average. Ranked #23 out of 234 (Top 10%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #6,738 out of 26,841 (Top 25%). The citywide average for comparable homes is 276.9k.
Street Level (Pandora Avenue W): Above Average. Ranked #1 out of 135 (Top 1%). The street average for comparable homes is 2013.
Neighborhood Level (Melrose): Above Average. Ranked #1 out of 234 (Top 0%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Above Average. Ranked #5,253 out of 26,841 (Top 20%). The citywide average for comparable homes is 1990.
Melrose market pulse
How to read: Share of sales in each ~$50k price band for “melrose” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
5-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 5-401 Pandora Avenue W. No advertising. Data source details →
Related homes
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Similar assessed value
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Is this home right for you?
Property Overview: 5-401 Pandora Avenue W, Winnipeg
Key Characteristics & Appeal
This condominium at 5-401 Pandora Avenue W in the Melrose neighbourhood stands out for its modern build and above-average space. Built in 2014, it is notably newer than most homes in the city, ranking in the top 1% for its year of construction within its immediate area. With 1,478 square feet of living area, it offers significantly more space than the average Winnipeg home, placing it within the top 10% citywide. The assessed value of $29,500 is consistently above average for its street, neighbourhood, and the broader city.
The primary appeal lies in securing a relatively new, low-maintenance property with the interior space often found in a detached house, but within a condominium setting. It suits buyers who prioritize modern building systems and a spacious floor plan but wish to avoid the upkeep of an older home or a large yard. A thoughtful perspective is that this unit represents a specific value proposition: it likely offers a balance between the higher per-square-foot cost of brand-new construction and the potential repair burdens of Winnipeg’s older housing stock, much of which was built decades earlier.
Frequently Asked Questions
1. What does the "Top X%" ranking mean for this property?
It means this home outperforms that percentage of comparable properties in that category (like living area or year built). For example, ranking in the top 1% for year built on its street means it is newer than 99% of similar homes there.
2. Why is the assessed value different from the last sold price?
The assessed value is for municipal tax purposes and may not reflect current market value. The last sold price (listed here as a range) is what a buyer actually paid in 2021, which is influenced by market conditions at that time.
3. What are the condo fees, and what do they cover?
This information is not provided in the available data. A buyer must review the condominium’s status certificate for detailed fee amounts, the annual budget, reserve fund, and specific inclusions (like heat, water, or building insurance).
4. How does the building's age (2014) benefit a buyer?
A 12-year-old building typically means newer major components (roof, windows, appliances, HVAC), potentially lower immediate repair costs, and compliance with more recent building codes compared to Winnipeg’s average home, which is decades older.
5. You provide a sold price range, but how can I get the exact figure?
The exact sold price is not publicly displayed due to data source restrictions. You can request it by email using the provided form; the service aims to reply manually by the end of the same day.