Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Regent Avenue E): Below Average. Ranked #152 out of 242 (Bottom 37%). The street average for comparable homes is 974 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #313 out of 557 (Bottom 44%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #164,511 out of 194,457 (Bottom 15%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Regent Avenue E): Around Average. Ranked #67 out of 242 (Top 28%). The street average for comparable homes is 289.2k.
Neighborhood Level (Melrose): Around Average. Ranked #149 out of 557 (Top 27%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Below Average. Ranked #142,868 out of 194,455 (Bottom 27%). The citywide average for comparable homes is 435.4k.
Street Level (Regent Avenue E): Above Average. Ranked #49 out of 242 (Top 20%). The street average for comparable homes is 1952.
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.
Street Level (Regent Avenue E): Below Average. Ranked #160 out of 242 (Bottom 34%). The street average for comparable homes is 4,118 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #364 out of 557 (Bottom 35%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #161,410 out of 194,457 (Bottom 17%). The citywide average for comparable homes is 6,570 sqft.
Melrose market pulse
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.
- Exact sold prices
- Detailed market analysis
- PDF report download
- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
558 Regent Avenue E — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 391 m), 1 parks (nearest 153 m).
Crime & safety
Waste collection schedule
We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 558 Regent Avenue E. No advertising. Data source details →
Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
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Similar assessed value
Address · Tax-Assessed Value
Is this home right for you?
Property Overview: 558 Regent Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This 888 sqft bungalow, built in 1961, sits on a 3,305 sqft lot in the Melrose neighbourhood. Its key appeal lies in its strong position within its immediate context. While its living space is modest compared to the Winnipeg average, it ranks above average for both assessed value and year built within its own street and local area. This suggests a well-maintained or updated home that stands out positively among its direct peers.
The property suits practical buyers looking for a manageable, single-level home in a mature neighbourhood. It’s ideal for first-time homeowners, downsizers, or investors seeking a straightforward property with a value that outperforms many nearby comparables. A thoughtful perspective is that this home represents a "right-sized" opportunity—it avoids the premium and maintenance of a larger city-average home while offering a relatively modern build date for its area, which can mean fewer immediate concerns than older neighbouring houses.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is $300,000, which ranks in the top 30% for the Melrose area. This is a strong indicator of its worth relative to neighbours, but market value is determined by current sale conditions. Recent sold price data from 2016 shows a range of $200k-$250k, so a professional appraisal or market evaluation is essential.
2. What does the "above average" year built mean for a 1961 home?
It means this home is newer than most on its street and in Melrose, where many homes were built in the early 1950s or before. This could imply potentially newer foundational components, like plumbing or electrical systems, compared to immediate neighbours.
3. Is the lot size a limitation?
At 3,305 sqft, the lot is typical for the street and area but below the city-wide average. It provides adequate outdoor space for a patio or garden without the extensive upkeep of a larger yard, aligning with the home's manageable scale.
4. Who would find the living area suitable?
At 888 sqft, the living area is comfortable for individuals, couples, or small families. It ranks as average for the local area, indicating it aligns with community norms. Buyers seeking a efficient, low-maintenance footprint will find it suitable.
5. How can I get precise historical sale prices?
The exact sold prices are not publicly listed. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam, typically by the end of the same business day.