Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Regent Avenue W): Below Average. Ranked #212 out of 242 (Bottom 12%). The street average for comparable homes is 974 sqft.
Neighborhood Level (Melrose): Below Average. Ranked #484 out of 557 (Bottom 13%). The neighborhood average for comparable homes is 973 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #184,671 out of 194,457 (Bottom 5%). The citywide average for comparable homes is 1,342 sqft.
Street Level (Regent Avenue W): Around Average. Ranked #115 out of 242 (Top 48%). The street average for comparable homes is 289.2k.
Neighborhood Level (Melrose): Around Average. Ranked #260 out of 557 (Top 47%). The neighborhood average for comparable homes is 289.1k.
Citywide Level (Winnipeg): Below Average. Ranked #155,689 out of 194,455 (Bottom 20%). The citywide average for comparable homes is 435.4k.
Street Level (Regent Avenue W): Around Average. Ranked #75 out of 242 (Top 31%). The street average for comparable homes is 1952.
Neighborhood Level (Melrose): Around Average. Ranked #192 out of 557 (Top 34%). The neighborhood average for comparable homes is 1947.
Citywide Level (Winnipeg): Below Average. Ranked #122,102 out of 194,457 (Bottom 37%). The citywide average for comparable homes is 1966.
Street Level (Regent Avenue W): Around Average. Ranked #109 out of 242 (Top 45%). The street average for comparable homes is 4,118 sqft.
Neighborhood Level (Melrose): Around Average. Ranked #268 out of 557 (Top 48%). The neighborhood average for comparable homes is 4,166 sqft.
Citywide Level (Winnipeg): Below Average. Ranked #140,793 out of 194,457 (Bottom 28%). 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
628 Regent Avenue W — 20 amenities found within 500 m, across 9 categories, including 5 dining (nearest 307 m), 1 education (nearest 287 m), 3 healthcare (nearest 350 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 Overview: 628 Regent Avenue W, Winnipeg
Key Characteristics & Appeal
This 720 sqft bungalow, built in 1957, sits on a standard 4,100 sqft lot in the Melrose neighbourhood. Its core appeal lies in its efficient scale and relative value within its immediate area. While the living space is notably compact compared to city-wide averages, the property’s assessed value of $280,000 is firmly in line with the local market on its street and in Melrose. This presents a specific value proposition: it’s a competitively priced entry point into a mature neighbourhood without a premium for excess square footage.
The home would suit practical, budget-conscious buyers such as first-time homeowners, downsizers, or investors seeking a manageable property. Its smaller size means lower utility costs and less maintenance, which is a significant but less obvious advantage. The lot size is typical for the area, offering adequate outdoor space without the burden of a large yard. A thoughtful perspective for a buyer is to see this not as a "small" house city-wide, but as an "average-priced, efficient" home locally, where the investment is in the location and land rather than in a large structure.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
In this case, the assessed value is a strong benchmark, as it aligns directly with the average for similar homes on Regent Avenue W and in the Melrose area, suggesting the market here is consistent with municipal assessment.
2. How does the smaller living area impact value?
The below-average square footage is the primary reason this home’s price sits below the Winnipeg city average. It represents a trade-off: you gain affordability and lower operating costs for a more compact living space.
3. What are the implications of the home’s age (built in 1957)?
The age is typical for the neighbourhood. Buyers should budget for potential updates to older components like wiring, plumbing, or windows, and consider a thorough inspection to assess the condition of these systems.
4. How does the last sold price (2016, between $200k-$250k) relate to today’s value?
The historical price shows significant appreciation over the past decade, reflecting broader market trends. The current assessed value suggests this growth has stabilized in line with the local area.
5. Is the lot size a development opportunity?
At 4,100 sqft, the lot is standard for the area but smaller than the city average. While expansion or addition may be possible subject to zoning, the lot size is more typical for a single-family home rather than a major redevelopment project.