Property score
49.6
Below average
Overall 49.6 · Newer than most nearby homes
810 sqft (bottom 31%) · Built in 1961 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
14 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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49.6 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
531 Pandora Avenue W — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 410 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 42% | Top 31% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Top 35% | Bottom 27% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | 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: 531 Pandora Avenue W, Winnipeg
Key Characteristics & Appeal
This 810 sqft bungalow, built in 1961, sits on a 3,959 sqft lot in the Melrose neighbourhood. Its core appeal lies in its established location and relative value within the immediate area. The home's assessed value ($30.20k) ranks above average for Melrose, suggesting it is viewed favorably compared to its local peers. While the living space is modest and below the city-wide average, the lot size is typical for the neighbourhood. Recent sale history indicates steady market activity.
This property would suit a first-time buyer or an investor looking for an entry point into a mature Winnipeg neighbourhood. It’s a practical choice for someone prioritizing location and lot potential over square footage, who is comfortable with a home that may require updates reflective of its age. A thoughtful perspective is that, while smaller inside, its above-average assessment for the area could indicate a solid foundation or desirable location nuances not captured by basic metrics.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is above the average for the Melrose area, ranking in the top 27%. This means it is assessed higher than most comparable properties in the immediate neighbourhood.
2. Is the house particularly small?
At 810 sqft, the living area is smaller than the average Winnipeg home. However, it is quite close to the average size for the Melrose neighbourhood itself (973 sqft), making it a typical offering for this specific community.
3. What can the recent sale history tell me?
The property has sold three times since 2020, each time within the $200k-$300k range. The consistent activity suggests a stable level of market interest in the home and street.
4. Is the lot size a pro or a con?
The lot is under 4,000 sqft, which is below average for the city and for Pandora Avenue W specifically. However, it is very close to the average lot size for the Melrose neighbourhood, so it is not an outlier in that context.
5. How do I find out the exact past sale prices?
The exact sold prices are not publicly displayed. You can request them by email via the button on the listing page. The service provides the accurate figures manually and does not use email addresses for unsolicited marketing.
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