554 Melrose Avenue E

Bi-LevelBuilt 1961Living Area 900 sqftDetached Garage
Map
↑
Near average900 sqft · top 53% in area · built 1961 · 14 yrs newer than avg
$
High-income areaMedian household income ~$87K · top tier income demographics
→
2-min walk to transit2 nearby routes · score 82/100
Score

Property score

Overall score
58.6● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
48.8
Low
Living area
42
Year built
46
Lot size
67
Sales activity
88
Community Score
73.2
Good
Income
79
Education
34
Housing
93
Core need
100
Employment
76
Rankings

How it stacks up

Each metric compared against 342 homes on Melrose Avenue E, 557 in Melrose, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
900 sqft
● BELOW AVERAGE
StreetBottom 46%AreaBottom 47%CityBottom 17%
Same street
Bottom 46%
#186 / 342
Same area
Bottom 47%
#297 / 557
Citywide
Winnipeg
Bottom 17%
#162,141 / 194,457
Tax-Assessed Value
348 k
● ABOVE AVERAGE
StreetTop 16%AreaTop 17%CityBottom 33%
Same street
Top 16%
#56 / 342
Same area
Top 17%
#94 / 557
Citywide
Winnipeg
Bottom 33%
#131,122 / 194,455
Year Built
1961
● ABOVE AVERAGE
StreetTop 21%AreaTop 19%CityBottom 43%
Same street
Top 21%
#71 / 342
Same area
Top 19%
#106 / 557
Citywide
Winnipeg
Bottom 43%
#110,781 / 194,457
Lot Size
5,059 sqft
● ABOVE AVERAGE
StreetTop 18%AreaTop 19%CityBottom 47%
Same street
Top 18%
#62 / 342
Same area
Top 19%
#107 / 557
Citywide
Winnipeg
Bottom 47%
#103,287 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
554 Melrose Avenue E: Living Area Analysis

Street Level (Melrose Avenue E): Below Average. Ranked #186 out of 342 (Bottom 46%). The street average for comparable homes is 980 sqft.

Neighborhood Level (Melrose): Below Average. Ranked #297 out of 557 (Bottom 47%). The neighborhood average for comparable homes is 973 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #162,141 out of 194,457 (Bottom 17%). The citywide average for comparable homes is 1,342 sqft.

554 Melrose Avenue E: Tax-Assessed Value Analysis

Street Level (Melrose Avenue E): Above Average. Ranked #56 out of 342 (Top 16%). The street average for comparable homes is 291.6k.

Neighborhood Level (Melrose): Above Average. Ranked #94 out of 557 (Top 17%). The neighborhood average for comparable homes is 289.1k.

Citywide Level (Winnipeg): Below Average. Ranked #131,122 out of 194,455 (Bottom 33%). The citywide average for comparable homes is 435.4k.

554 Melrose Avenue E: Year Built Analysis

Street Level (Melrose Avenue E): Around Average. Ranked #71 out of 342 (Top 21%). The street average for comparable homes is 1948.

Neighborhood Level (Melrose): Above Average. Ranked #106 out of 557 (Top 19%). The neighborhood average for comparable homes is 1947.

Citywide Level (Winnipeg): Below Average. Ranked #110,781 out of 194,457 (Bottom 43%). The citywide average for comparable homes is 1966.

554 Melrose Avenue E: Lot Size Analysis

Street Level (Melrose Avenue E): Above Average. Ranked #62 out of 342 (Top 18%). The street average for comparable homes is 4,095 sqft.

Neighborhood Level (Melrose): Above Average. Ranked #107 out of 557 (Top 19%). The neighborhood average for comparable homes is 4,166 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #103,287 out of 194,457 (Bottom 47%). The citywide average for comparable homes is 6,570 sqft.

Market

Melrose market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
261
last 14 years
Median price
212.8k
14-year area median
Price per sqft
$256/sqft
area average
Avg build year
1947
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46110853 · Statistics Canada 2021 Census · Population 427
427
Population (2021)
36.4
Median age
2.4
Avg household size
2,846 / km²
Population density
Distribution by household income band
35k-40k
6%
40k-45k
6%
45k-50k
9%
50k-60k
14%
60k-70k
6%
70k-80k
6%
80k-90k
11%
90k-100k
9%
100k-125k
17%
125k-150k
6%
150k-200k
9%
200k plus
3%
$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
64%
Labour participation
4%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

554 Melrose Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 474 m), 1 parks (nearest 116 m).

Search radius
🏫Education1
🌳Parks1

Crime & safety

Melrose · WPS public data
Full crime data →
Annual incidents
5
2026
vs. city average
-83%
▲ relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
60% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
thursday
Recycling
thursday
Yard waste
thursday b

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 554 Melrose Avenue E. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Overall 58.6

Newer than most nearby homes

900 sqft (bottom 47%)

Built in 1961 (14 yrs newer than avg)

Located in a above-average income area

with median household income of ~87k

Transit 82.0

2-min walk to transit with 2 nearby routes

Within 500m: 1 school, and 1 park nearby