Property score
55.1
Fair
Overall 55.1 · Newer than most nearby homes
936 sqft (top 48%) · Built in 1965 (18 yrs newer than avg)
Located in a above-average income area with median household income of ~87k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Above average
18 yrs newer than neighborhood avg.
Mother tongue
English · 80%French · 5%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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55.1 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 houses (non-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: #46110853
$87K
Median household income
$100K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
25%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
511 Pandora Avenue E — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 128 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 44% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 511 Pandora Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 936 sqft home, built in 1965, presents a practical and affordable entry point into Winnipeg’s Melrose neighbourhood. Its key appeal lies in its manageability and value positioning. The living space is typical for the immediate area and Melrose, making it a comfortable size for a small household. A notable characteristic is the lot size of 2,970 sqft, which is compact relative to many Winnipeg properties; this translates to lower maintenance demands, a significant consideration for those seeking a simpler yard.
The home’s assessed value is notably below the city-wide average, highlighting its affordability. This is a property that suits first-time buyers, downsizers, or investors looking for a lower-entry-cost option in a central neighbourhood. Its appeal is grounded in practicality rather than luxury—offering a chance to own a home with straightforward upkeep in an established community. A thoughtful perspective is that its newer construction date (compared to many in Melrose) may mean fewer immediate concerns with aging infrastructure common in older homes.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
At just under 3,000 sqft, the lot is significantly smaller than the average for the street, area, and city. This means less outdoor maintenance, but also limited potential for expansions or large outdoor living spaces.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is for tax purposes and is often below market value. This home’s assessed value is in the lower tiers city-wide, suggesting a relatively affordable entry point, but the final sale price will be determined by the current market.
3. What does the sold price history indicate?
Records show it last sold between $200k-$250k in 2023. This recent sale provides a concrete benchmark for its market value in the modern market, beyond the older assessed value figure.
4. Who might this property not suit?
It may not suit buyers looking for a large yard, extensive space for growing a family, or a home with size and values well above the city average. The compact lot and average-sized living area are key considerations.
5. How can I get more precise historical data?
The exact sold prices are not publicly listed in detail. The listing service offers to provide this information manually via email request, with a promise of a prompt reply and no marketing spam.
