Property score
49.7
Below average
Overall 49.7 · Compared with neighbourhood average
832 sqft (bottom 33%) · Built in 1953 (6 yrs newer 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: 4 dining spots, 1 school, 3 healthcare facilitys, and 1 shop nearby
Living Area
Below average
15% smaller than neighborhood avg.
Year Built
Near average
6 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
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49.7 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
618 Regent Avenue W — 18 amenities found within 500 m, across 9 categories, including 4 dining (nearest 358 m), 1 education (nearest 322 m), 3 healthcare (nearest 398 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 11% | Top 15% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 618 Regent Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 832 sqft bungalow, built in 1953, presents a practical opportunity in Winnipeg's Melrose neighbourhood. Its primary appeal lies in a strong value proposition within its immediate context. While the living space is modest compared to the citywide average, the property stands out locally with an assessed value that ranks in the top 21% for the area, suggesting it is viewed as a solid asset relative to its peers. This is further supported by a lot size of nearly 5,000 sqft, which is notably larger than most lots on the same street and in Melrose, offering valuable outdoor space or future expansion potential.
The home would suit first-time buyers or downsizers seeking an affordable entry into the market with a property that has inherent value strength in its locale. It also appeals to the value-conscious investor or homeowner who prioritizes land size over interior square footage, seeing potential in the generous lot. A less obvious perspective is that a home with above-average assessed value for the area, yet with a recent sale price in a moderate range, may indicate room for cosmetic updates, allowing a buyer to add value through renovations while already owning a well-situated parcel of land.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 832 sqft, the living area is slightly below the average for both Regent Avenue W and the broader Melrose area (avg. ~974 sqft). City-wide, it is notably more compact than the average Winnipeg home.
2. What does the assessed value ranking mean?
The assessed value of $31,200 ranks in the top 17% on its street and top 21% in the Melrose area. This indicates that, for its location and type, the property is officially valued higher than most comparable homes nearby, which can be a positive indicator of its relative worth.
3. How recent is the sale history?
The property sold between 2022 and 2025, with a recorded price range of CA$300,000–350,000. Exact sale prices require a manual request from the listing service.
4. Is the lot size a significant feature?
Yes. The lot of 4,949 sqft is over 20% larger than the average lot on the same street and in the Melrose area. This is a key asset, providing more yard space than is typical for the neighbourhood.
5. What is the context of the 1953 build year?
The build year (1953) is very typical for this street and the Melrose area, where most homes were built in the early-to-mid 1950s. It is neither notably older nor newer than its immediate neighbours.
