Property score
53.3
Fair
Overall 53.3 · Compared with neighbourhood average
932 sqft (top 48%) · 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: 6 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Living Area
Near average
4% 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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53.3 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
716 Regent Avenue W — 23 amenities found within 500 m, across 9 categories, including 6 dining (nearest 171 m), 1 education (nearest 227 m), 3 healthcare (nearest 231 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 13% | Top 17% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 716 Regent Avenue W in Winnipeg's Melrose neighbourhood presents a solid, value-oriented opportunity. Built in 1955, it sits on a notably spacious 4,950 sqft lot, which is larger than most in the immediate area. With 932 sqft of living space, the house itself is typical for the local market but smaller than the Winnipeg city average. Its appeal lies in its above-average assessed value for the street and neighbourhood, suggesting a well-regarded property in its context, and the significant lot size offers potential for outdoor space or future expansion. It last sold in the $300k-$350k range in 2023.
This property would suit a practical first-time homebuyer looking for a foothold in a stable neighbourhood, or an investor seeking a property with a strong lot value relative to its peers. It’s a home that offers more in terms of land than interior square footage, appealing to those who prioritize outdoor space or see long-term value in the parcel itself.
1. How does this home’s value compare to its neighbours?
The home’s assessed value ranks in the top 25% for both its street and the broader Melrose area, indicating it is considered more valuable than many comparable nearby properties.
2. Is the living space small?
At 932 sqft, the living area is very close to the average for both Regent Avenue W and the Melrose neighbourhood. However, it is below the city-wide average, so buyers accustomed to newer suburban homes may find it compact.
3. What are the implications of such a large lot?
The 4,950 sqft lot is over 20% larger than the local area average. This is a key feature, providing extra outdoor space, better privacy, and potentially more options for gardening, additions, or redevelopment compared to neighbouring properties.
4. The home was built in 1955. What should I consider?
While the age is typical for the area, a home from this era may have original components like plumbing, electrical, or windows that could need updating. A thorough inspection is advised to understand the condition and any modernizations.
5. How can I find out the exact price it sold for in 2023?
The provided sold price is a public data range. To obtain the exact sale price, you can request it via email from the listing source, which provides this detail manually without using your email for marketing.
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