Property score
73.4
Good
Overall 73.4 · Larger and newer than most nearby homes
1,621 sqft (top 3%) · Built in 2020 (73 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
67% larger than neighborhood avg.
Year Built
Above average
73 yrs newer than neighborhood avg.
Mother tongue
English · 74%Tagalog · 9%
Past 10 years Melrose sales snapshot (~80% of all data)
259
212.8k
$256/sqft
1947
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73.4 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: #46110823
$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
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
519 Melrose Avenue W — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 470 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 | Top 7% | Top 7% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Melrose Avenue W, Winnipeg
Key Characteristics & Appeal
This home stands out as a modern, above-average residence in its established neighbourhood. Built in 2020, it is notably newer than most homes on its street, in the Melrose area, and across Winnipeg, placing it in the top 1-3% for year built. Its primary appeal lies in its generous 1,621 sqft of living space, which ranks in the top 3% locally and is significantly larger than area averages of about 980 sqft. This combination of new construction and spacious interior offers a move-in-ready experience with modern building standards and minimal immediate maintenance.
The property’s assessed value is among the highest on the street and in the immediate area, indicating its premium standing in the local market. However, its city-wide assessment is more aligned with the average, suggesting its value is particularly anchored to its desirable micro-location. The lot size is fairly typical for the street but is below the city-wide average, a common trade-off for a newer, larger home in a mature neighbourhood.
This home would ideally suit buyers looking for modern comfort without sacrificing established community character. It’s a strong fit for professionals or small families who prioritize interior space and contemporary amenities over a vast yard, and who value being in a neighbourhood where their home is among the newest and most spacious.
Frequently Asked Questions
1. How does the lot size impact this property?
While the lot is smaller than the Winnipeg average, it is consistent with others on Melrose Avenue. This reflects the efficient use of space for the home's footprint and is a typical feature of newer infill construction in established areas.
2. The assessed value seems high for the street but average for the city. What does this mean?
This indicates the home is a premium property within its immediate context. The assessment reflects its modern build and larger size compared to older, smaller neighbours. The city-wide comparison suggests that for a home of this age and size, the value is in line with broader market expectations.
3. What are the implications of the home being built in 2020?
Beyond modern systems and likely better energy efficiency, it means major components like the roof, furnace, and appliances are relatively new. This can translate to lower near-term repair costs and may still be under some original warranties.
4. How accurate is the sold price range shown?
The provided range is based on public data. For the exact historical sold price, you can request it via email from the site. They provide this detail manually and do not use the request for marketing spam.
5. What is the neighbourhood context for a home like this?
The data shows this is one of the newest and largest homes in the area. This can be appealing but also means its architectural style and scale may differ from older neighbours. It’s advisable to review the neighbourhood map analysis to visually compare it with nearby properties.
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