Property score
57.7
Fair
Overall 57.7 · Newer than most nearby homes
1,002 sqft (top 40%) · Built in 1959 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Above average
12 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
57.7 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
605 Melrose Avenue W — 16 amenities found within 500 m, across 9 categories, including 4 dining (nearest 429 m), 1 education (nearest 399 m), 3 healthcare (nearest 477 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 14% | Top 13% | Bottom 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 605 Melrose Avenue W presents a solid, grounded opportunity in Winnipeg's Melrose neighbourhood. Built in 1959, it is a newer construction compared to many homes on its street and in the immediate area. Its primary appeal lies in the balance it strikes: a comfortable 1,002 sqft living space situated on a notably generous lot of nearly 5,000 sqft, which is larger than most neighbouring properties. This combination suggests good value for the lot size and a home that is well-sized for its locale.
The assessed value is above average for both the street and the broader Melrose area, indicating that the property is viewed favourably relative to its direct peers. A less obvious perspective is that while the home's size is modest by city-wide standards, its above-average positioning within its own community highlights the value of location and lot size over sheer square footage here. It would suit a first-time buyer or downsizer looking for a manageable home with valuable outdoor space in an established neighbourhood, without the premium or maintenance of a much larger city-wide property.
Frequently Asked Questions
1. How does this home compare to others nearby?
The data shows this property is consistently above average for its immediate area in key metrics like lot size, assessed value, and year built. Its living area is on par with local averages, making it a competitively sized home for the Melrose neighbourhood.
2. What is the potential for expansion or renovation?
The lot size is a significant asset, being larger than most on the street. This could provide flexibility for future additions, a garage, or landscaping projects, subject to local zoning and permit approvals.
3. What can the past sale price tell me?
The home sold between $300k-$350k in 2021. This provides a recent market benchmark, but the current assessed value and market conditions will be the primary drivers for today's listing price.
4. Is the age of the home a concern?
Built in 1959, the home is newer than many in the area. While this can mean updated systems compared to pre-war homes, a standard inspection is always recommended to assess the condition of the roof, wiring, plumbing, and foundation.
5. How can I get more precise historical data?
The exact historical sold price is available upon request from the listing service. You can provide your email to receive the precise figure, as publicly displayed prices are often presented as a range.
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.
