50.3
Fair
Property score
50.3
Fair
Overall 50.3
Compared with neighbourhood average
816 sqft (bottom 32%)
Built in 1955 (8 yrs newer than avg)
Located in a above-average income area
with median household income of ~73.5k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 4 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Near average
8 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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50.3 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
711 Pandora Avenue W — 20 amenities found within 500 m, across 9 categories, including 4 dining (nearest 223 m), 1 education (nearest 359 m), 3 healthcare (nearest 339 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 22% | Bottom 28% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 711 Pandora Avenue W, Winnipeg
Key Characteristics & Appeal
This home at 711 Pandora Avenue W in the Melrose neighbourhood is a practical, no-frills property built in 1955. Its key appeal lies in its efficient scale and its position as a relatively affordable entry point into the Winnipeg market. The 816 sqft living area is modest, ranking around the average for both its street and the Melrose area, but notably smaller than the typical Winnipeg home. The assessed value of $25,900 is significantly below the city-wide average, reflecting its size and likely basic condition.
A standout feature is the 5,340 sqft lot, which is above average for Melrose. This presents a clear opportunity for buyers who value outdoor space over a large interior footprint, offering room for gardening, expansion, or simply more privacy than smaller lots allow. The home last sold in the 2021-2022 period for an estimated $200k-$250k, which aligns with its below-average city-wide assessment.
This property would best suit a first-time buyer, an investor looking for a rental property, or a downsizer seeking a manageable home with a generous yard. Its value proposition is grounded in land size and affordability rather than modern finishes or square footage, making it a project-friendly option for those willing to invest sweat equity or a straightforward, lower-maintenance holding.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sold price?
Assessed values in Manitoba are for tax purposes and are not intended to reflect current market value. The sale price from 2021 is a better indicator of its market worth at that time, though market conditions have since evolved.
2. What does the lot size ranking mean for me?
Ranking in the top 16% for land area in Melrose means this property has a larger yard than most in the immediate area. This is a relative advantage for privacy, outdoor activities, or future development potential compared to neighbouring homes.
3. Is a house from 1955 going to need major repairs?
While the building is of average age for its neighbourhood, any home over 70 years old will require a thorough inspection. Key systems like plumbing, electrical, roofing, and the foundation should be evaluated. Its "around average" age ranking suggests similar maintenance expectations as many other homes on the block.
4. Who provides the exact historical sold price, and why is it not public?
The exact sale price is managed by the local real estate board. The listing service offers to provide it manually via email as a verified data point, which can be helpful for accurate historical comparison without requiring a direct realtor inquiry.
5. How does the living area compare to nearby homes?
At 816 sqft, the home is smaller than the average on its street (~1,005 sqft) but very close to the Melrose area average (~973 sqft). This indicates it's a typically sized home for this specific community, which may consist of many similar, compact post-war houses.
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