Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Pandora Avenue W): Around Average. Ranked #59 out of 168 (Top 35%). The street average for comparable homes is 1,005 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #165 out of 557 (Top 30%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #127,831 out of 194,457 (Bottom 34%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Pandora Avenue W): Above Average. Ranked #17 out of 168 (Top 10%). The street average for comparable homes is 327.0k.
Neighborhood Level (Melrose): Above Average. Ranked #16 out of 557 (Top 3%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Around Average. Ranked #80,726 out of 194,455 (Top 42%). The citywide average for comparable homes is 435.4k.
Street Level (Pandora Avenue W): Above Average. Ranked #2 out of 168 (Top 1%). The street average for comparable homes is 1957.
Neighborhood Level (Melrose): Above Average. Ranked #11 out of 557 (Top 2%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Above Average. Ranked #8,419 out of 194,457 (Top 4%). The citywide average for comparable homes is 1966.
Street Level (Pandora Avenue W): Below Average. Ranked #117 out of 168 (Bottom 30%). The street average for comparable homes is 5,878 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #233 out of 557 (Top 42%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #134,308 out of 194,457 (Bottom 31%). 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
601 Pandora Avenue W — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 462 m), 1 education (nearest 478 m), 2 parks (nearest 321 m).
Crime & safety
Waste collection schedule
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Related homes
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Similar assessed value
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Is this home right for you?
Property Summary: 601 Pandora Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood character. Its primary appeal lies in being a notably newer construction (built in 2018) within the mature Melrose area, meaning you get contemporary building standards without sacrificing the charm of a settled community.
The 1,056 sqft living space is efficiently sized, ranking above average for the immediate area. The assessed value is a standout feature, placing in the top 10% on its street and the elite top 3% in Melrose, suggesting a strong perceived value relative to nearby properties. The lot size of 4,319 sqft is typical for the neighbourhood, offering adequate outdoor space without the burden of excessive maintenance.
This property would suit first-time buyers or downsizers seeking a low-maintenance, modern home in a central Winnipeg neighbourhood. It’s also a practical fit for investors or buyers who value newer mechanical systems and construction, which can translate to lower immediate repair costs and greater energy efficiency compared to the area's older housing stock. A thoughtful perspective is that while the home is new, its value is deeply anchored in an older community, offering a blend of stability and modernity.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to other homes in Melrose?
The assessed value reflects the home's modern construction (2018) relative to the neighbourhood's older average. Newer builds typically have higher assessments due to contemporary materials, systems, and building codes, which are factored into the valuation.
2. What does the sale history indicate?
The home was last sold in 2019 for an estimated $250k-$300k. Since it's a relatively recent build, there is limited long-term price history, but the sale provides a benchmark from the time it was nearly new.
3. How does the lot size compare?
At 4,319 sqft, the lot is fairly standard for Melrose. It's slightly smaller than the average lot on its specific street but is actually slightly larger than the average for the broader Melrose area, offering a balanced yard space.
4. What are the potential implications of buying a newer home in an older area?
You benefit from modern insulation, wiring, and plumbing, which can mean lower utility and repair costs. However, the architectural style and lot size may differ from surrounding homes, which is a factor to consider for both personal taste and future resale context.
5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it by email via the button on the property page. The service is manual, with a promised reply by the end of the same day, and your email is not used for unsolicited marketing.