506 Melrose Avenue W

Melrose, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Newer than most nearby homes

1,014 sqft (top 36%) · Built in 1958 (11 yrs newer than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Near average

4% larger than neighborhood avg.

Taon ng Paggawa

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 74%Tagalog · 9%

Past 10 years Melrose sales snapshot (~80% of all data)

Sold Count

259

Median price

212.8k

$/sqft

$256/sqft

Avg build year

1947

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Property score

60.2 is composed by the two sections below.

Property Score

57.4Fair
Living Area1,014 sqft52Fair
Taon ng Paggawa195843Low
Lupa7,038 sqft88Excellent
Neighbourhood Sales Activity88Excellent

Community Score

64.5Fair
Household Income74Good
Education Level34Low
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

Istatistika ng benta ng komunidad

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110823

Community deep dive

$74K

Median household income

$79K

Average household income

10%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

32%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)642
Labour force participation rate71%
Median age37.6
Avg household size2.3
Unemployment rate11%
Population density2675 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households32%
Couple families with children27%
Median household income (2020)$74K

Housing

Renter households32%
Condominium dwellings7%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 74%
Mother tongue (2nd)Tagalog · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

karaniwan
1,014 sqft
0255075100
Same streetTop 37%Same areaTop 36%CitywideBottom 28%
Same street · Melrose Avenue W
#127 / 342
Top 37% · Avg 980 sqft
Same area · Melrose
#203 / 557
Top 36% · Avg 973 sqft
Citywide · Winnipeg
#140,680 / 194,458
Bottom 28% · Avg 1,342 sqft

Assessed Value

lampas sa average
336k
0255075100
Same streetTop 9%Same areaTop 12%CitywideBottom 41%
Same street · Melrose Avenue W
#32 / 342
Top 9% · Avg 275k
Same area · Melrose
#65 / 557
Top 12% · Avg 272.5k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1958
0255075100
Same streetTop 29%Same areaTop 27%CitywideBottom 39%

Lupa

Elite
7,038 sqft
0255075100
Same streetTop 1%Same areaTop 3%CitywideTop 17%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

506 Melrose Avenue W — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

Crime & Safety

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%

Kasaysayan ng Benta

506 Melrose Avenue W: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

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