5-401 Pandora Avenue W

Built 2014Living Area 1,478 sqft
Sale History
SOLDin Jun 2021
250K±5,000
Tax Assessment
342k(prev. 295k)
+47k(+15.9%)
DateSold PriceNeighbourhood
2021-06Sold250K±5,00017/39

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,478 sqft · top 11% in area · built 2014 · 2 yrs newer than avg
$
High-income areaMedian household income ~$77K · top tier income demographics
2-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
77.5Good
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
81.3
Good
Living area
75
Year built
94
Sales activity
88
Community Score
71.7
Good
Income
75
Education
44
Housing
83
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 135 homes on Pandora Avenue W, 234 in Melrose, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
1,478 sqft
ABOVE AVERAGE
StreetTop 19%AreaTop 11%CityTop 10%
Same street
Top 19%
#25 / 135
Same area
Top 11%
#25 / 234
Citywide
Winnipeg
Top 10%
#2,594 / 26,841
Tax-Assessed Value
342 k
ABOVE AVERAGE
StreetTop 17%AreaTop 10%CityTop 25%
Same street
Top 17%
#23 / 135
Same area
Top 10%
#23 / 234
Citywide
Winnipeg
Top 25%
#6,738 / 26,841
Year Built
2014
ABOVE AVERAGE
StreetTop 1%AreaTop 1%CityTop 20%
Same street
Top 1%
#1 / 135
Same area
Top 1%
#1 / 234
Citywide
Winnipeg
Top 20%
#5,253 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
5-401 Pandora Avenue W: Living Area 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.

5-401 Pandora Avenue W: Tax-Assessed Value Analysis

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.

5-401 Pandora Avenue W: Year Built Analysis

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.

Market

Melrose market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
178
last 14 years
Median price
257.5k
14-year area median
Price per sqft
$259/sqft
area average
Avg build year
2012
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110833 · Statistics Canada 2021 Census · Population 776
776
Population (2021)
40.0
Median age
2.2
Avg household size
4,084 / km²
Population density
Distribution by household income band
10k-15k
1%
15k-20k
1%
20k-25k
4%
25k-30k
4%
30k-35k
3%
35k-40k
3%
40k-45k
4%
45k-50k
3%
50k-60k
9%
60k-70k
9%
70k-80k
9%
80k-90k
9%
90k-100k
7%
100k-125k
15%
125k-150k
9%
150k-200k
6%
200k plus
3%
$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
74%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

5-401 Pandora Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 350 m).

Search radius
🌳Parks2
Worship1

Crime & safety

Melrose · WPS public data
Full crime data →
Annual incidents
5
2026
vs. city average
-83%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
thursday
Recycling
thursday
Yard waste
thursday b

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

Highlights & common questions

Is this home right for you?

Property highlights

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.