63.4
Fair
Property score
63.4
Fair
Overall 63.4
Larger and newer than most nearby homes
1,275 sqft (top 12%)
Built in 1958 (11 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
31% larger than neighborhood avg.
Year Built
Above average
11 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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63.4 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
626 Melrose Avenue W — 18 amenities found within 500 m, across 9 categories, including 4 dining (nearest 328 m), 1 education (nearest 367 m), 3 healthcare (nearest 405 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%
626 Melrose Avenue W: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 626 Melrose Avenue W
Key Characteristics & Appeal
This 1,275 sqft bungalow, built in 1958, presents a solid opportunity in Winnipeg's Melrose neighbourhood. Its primary appeal lies in offering above-average space and value within its immediate area. The home sits on a generous 5,059 sqft lot, providing ample outdoor space that is notably larger than many neighbouring properties. While its size and assessed value rank highly on its street and in the Melrose area, they align closer to the city-wide average, suggesting it represents a balanced, established urban property rather than an outlier.
The data indicates this home would particularly suit practical, value-oriented buyers. It’s ideal for someone looking for more interior and yard space than is typical for the neighbourhood without a premium city-wide price tag. It also fits buyers comfortable with a home of this vintage, likely appreciating the character and potential of a well-located post-war property. A less obvious perspective is that its consistent "above average" standing in hyper-local rankings, but average city-wide standing, could indicate a stable and predictable investment within a specific community context, appealing to those seeking neighbourhood familiarity over chasing market trends.
Frequently Asked Questions
1. How does this home compare to others on the street and in the area?
The home ranks above average for both living area and lot size compared to its direct neighbours on Melrose Avenue W and within the broader Melrose area. It offers more interior space and a larger yard than many nearby properties.
2. What does the assessed value tell me?
With an assessed value of $34,200, this property is valued higher than most homes on its street and in the Melrose area. Compared to the entire city, its assessment is around the median, indicating it is not an exceptionally high or low-valued property in the broader Winnipeg market.
3. Are there any recent sold prices available for this specific address?
No sales history is displayed publicly for this listing. The exact sold price history can be requested by email from the listing source, who provides the information manually.
4. What should I consider about a home built in 1958?
As a home built 68 years ago, it is newer than many on its street but aligns with the city-wide average for age. Buyers should factor in the potential for updates to major systems like plumbing, electrical, and the roof, while also appreciating the established neighbourhood and likely mature landscaping.
5. Can I see how this property fits into the neighbourhood?
Yes, a neighbourhood analysis map is available through the listing to compare this home with nearby properties in detail based on year built, living area, assessed value, and lot size.
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.
