Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Below Average. Ranked #70 out of 135 (Bottom 48%). The street average for comparable homes is 1,262 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #70 out of 234 (Top 30%). The neighborhood average for comparable homes is 1,126 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #2,651 out of 26,841 (Top 10%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Pandora Avenue W): Around Average. Ranked #55 out of 135 (Top 41%). The street average for comparable homes is 299.9k.
Neighborhood Level (Melrose): Around Average. Ranked #55 out of 234 (Top 24%). The neighborhood average for comparable homes is 274.0k.
Citywide Level (Winnipeg): Around Average. Ranked #7,487 out of 26,841 (Top 28%). The citywide average for comparable homes is 276.9k.
Street Level (Pandora Avenue W): Around Average. Ranked #37 out of 135 (Top 27%). The street average for comparable homes is 2013.
Neighborhood Level (Melrose): Around Average. Ranked #82 out of 234 (Top 35%). The neighborhood average for comparable homes is 2012.
Citywide Level (Winnipeg): Around Average. Ranked #6,058 out of 26,841 (Top 23%). 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
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
5-429 Pandora Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 433 m).
Crime & safety
Waste collection schedule
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Related homes
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Similar assessed value
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Is this home right for you?
Property Summary: 5-429 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 5-429 Pandora Avenue W in the Melrose neighbourhood presents a compelling blend of space, modernity, and value. Built in 2013, it is a relatively recent construction, offering the advantages of newer building standards and systems without the premium of a brand-new build. With 1,474 sqft of living area, it provides significantly more space than the average Winnipeg home and is competitively sized within its immediate area.
The appeal lies in its strong positional value. The assessed value of $29,500k places it consistently above average compared to homes on its street, in Melrose, and across the city, suggesting it is perceived as a solid asset. This is a home that doesn’t require a "fixer-upper" commitment but is also not at the very peak of the market, striking a practical balance. It would suit a buyer looking for a move-in ready, spacious property—ideal for a small family, a professional couple wanting room to grow, or an investor seeking a modern rental unit in a stable area. A thoughtful perspective is that its above-average assessment but middle-tier sale price history could indicate an opportunity for equity growth, especially as newer homes in established areas often age well desirably.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
At 1,474 sqft, this home is larger than approximately 90% of all comparable properties city-wide. Even on its own street, it ranks near the middle for size, meaning it offers ample space without being an outlier.
2. What does the assessed value tell me?
The $29,500k assessment is notably higher than the average for similar homes on Pandora Avenue W and in the Melrose area. This typically reflects the municipality’s view of its fair market value for tax purposes, often based on factors like lot size, building quality, and recent improvements.
3. Is a 2013 build considered "new"?
While not brand new, a 2013 build is significantly newer than the Winnipeg city-wide average home (built around 1990). This suggests more modern construction methods, materials, and major systems (like HVAC or wiring), which can mean lower immediate maintenance costs and better energy efficiency.
4. What can the 2021 sale price range indicate?
The previous sale in the $300k-$350k range provides a recent market benchmark. That it sold in the top ~20% of its local market at that time reinforces its position as a above-average property. For a current buyer, this history is a useful data point for understanding the home’s market trajectory.
5. Why are there multiple properties at the same address (e.g., 4-429, 3-429)?
This is characteristic of a multi-unit building, such as a townhouse or condominium complex. "5-429" designates a specific unit within the larger building or development at 429 Pandora Avenue W.