Property score
55.4
Fair
Overall 55.4 · Larger but older than most nearby homes
1,150 sqft (top 19%) · Built in 1920 (27 yrs older 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: 1 school, 2 parks, and 2 place of worships nearby
Living Area
Above average
18% larger than neighborhood avg.
Taon ng Paggawa
Below average
27 yrs older 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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55.4 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
535 Melrose Avenue W — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 467 m), 2 parks (nearest 390 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 32% | Bottom 37% | Bottom 14% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 535 Melrose Avenue W, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home is defined by its efficient use of space and its position within a well-established neighbourhood. Built in 1920, it offers 1,150 sqft of living area, which is notably above average for both its immediate street and the broader Melrose area. This suggests a comfortable, practical layout compared to many nearby homes. The lot size of 3,499 sqft is consistent with local norms, providing standard outdoor space.
The primary appeal lies in its value proposition within a mature community. The home’s assessed value is modest relative to the Winnipeg city-wide average, potentially indicating a lower property tax burden and an accessible entry point into the market. A less obvious perspective is that its older vintage (106 years) may appeal to those interested in a home with character and established, mature landscaping, rather than a new build in a developing area. However, it also implies a greater need for diligent inspection regarding updates and maintenance.
This property would best suit first-time buyers or practical downsizers seeking a manageable, no-frills home in a settled area. It’s for someone who prioritizes living space efficiency and neighbourhood stability over a large lot or modern construction, and who is prepared for the realities of maintaining an older house.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,150 sqft, the living space is larger than most comparable homes on Melrose Avenue W and in the wider Melrose area, ranking in the top 19% locally.
2. What should I consider about the home’s age?
Built in 1920, the home is older than most in the city. This warrants a thorough inspection to understand the condition of major systems like plumbing, electrical, and the foundation, but also contributes to the established charm of the area.
3. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value of $24,600 is for municipal tax purposes. The last known sale was between $200k-$250k in 2019. Market price is determined by current conditions, and the exact historical sold prices are available by request.
4. How does the lot size compare?
The 3,499 sqft lot is typical for the street and neighbourhood but is below the city-wide average. It provides standard outdoor space for the area without extensive yard maintenance.
5. Where can I see more context about this specific location?
A neighbourhood analysis map is available, allowing you to view this property alongside nearby homes to compare details like year built, living area, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
