59.6
Fair
Property score
59.6
Fair
Overall 59.6
Compared with neighbourhood average
1,024 sqft (top 35%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% larger 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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59.6 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
621 Pandora Avenue W — 17 amenities found within 500 m, across 9 categories, including 4 dining (nearest 361 m), 1 education (nearest 414 m), 3 healthcare (nearest 447 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 | Bottom 38% | Top 48% | Bottom 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 13% | Bottom 8% |
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 621 Pandora Avenue W in Winnipeg's Melrose neighbourhood presents a compelling case based on its land value and established location. Built in 1953, the 1,024 sqft house sits on a notably large lot of 7,919 sqft. This lot size is the property's standout feature, ranking in the top 1% within Melrose and the top 12% city-wide, offering significant outdoor space and future potential that is rare for the area.
The appeal lies in this land-to-structure value proposition. While the living space is modest and typical for the street, the assessed value is above average for Melrose, suggesting the lot itself is a major driver of value. It suits a practical buyer who sees potential—whether for gardening, expansion, or long-term land investment—in an established, no-surprises neighbourhood. It's a property where the true asset is the ground it sits on, making it ideal for someone comfortable with a home that may require updates but offers a premium parcel of land.
Frequently Asked Questions
1. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size of 7,919 sqft is larger than 99% of comparable homes in the Melrose neighbourhood. It's a uniquely large parcel for the area.
2. If the lot is so large, why is the assessed value relatively moderate?
The assessed value reflects the current combination of the land and the 73-year-old, modestly sized home on it. The valuation indicates the land is a significant component, with the structure itself being typical for its age and area.
3. How does the recent sale price (2025: CA$200k–250k) compare to the assessed value?
The assessed value is significantly lower than the recent sale price range. This is common, as municipal assessments for tax purposes often lag behind current market values, which are influenced by broader market conditions and buyer demand for features like a large lot.
4. What might be less obvious about living on a lot of this size in Melrose?
While offering great private space, a lot this size also means more responsibility for maintenance (like lawn care or snow clearing). It also provides a rare sense of openness and privacy for the neighbourhood, which is not immediately apparent from the street view alone.
5. The home sold previously in 2016 for $150k–200k. What does the 2025 price suggest?
The increase in the sale price range over nine years aligns with general market trends but may also reflect a growing buyer appreciation for larger lots in established neighbourhoods, a value that has become more pronounced.
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