Property score
50.5
Fair
Overall 50.5 · Newer than most nearby homes
892 sqft (bottom 45%) · 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 · 2-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 1 school, 3 healthcare facilitys, and 2 shops nearby
Living Area
Near average
8% smaller 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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50.5 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
717 Melrose Avenue W — 22 amenities found within 500 m, across 9 categories, including 5 dining (nearest 161 m), 1 education (nearest 262 m), 3 healthcare (nearest 248 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 35% | Top 35% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 717 Melrose Avenue W
Section 1: Key Characteristics & Appeal
This home at 717 Melrose Avenue W presents a compelling mix of value and established community positioning. Built in 1958, it is a notably newer home within its immediate Melrose area, where many houses are older. With 892 sqft of living space, it offers a comfortable footprint that is very typical for the neighbourhood, making it a practical and proportional fit for the area.
The property’s primary appeal lies in its strong assessed value relative to its peers. It ranks in the top 10-12% on its street and in the Melrose area for this metric, suggesting it is a well-regarded asset in its local context. The 4,500 sqft lot provides a generous outdoor space that is above the local average. This combination points to a home that offers solid intrinsic value within its community, rather than excessive size.
This property would suit a first-time buyer or a downsizer looking for a manageable home in an established neighbourhood without the premium of a newly built house. It’s also a sensible choice for a value-focused investor who recognizes the advantage of a higher assessed value in a stable area. The data suggests it’s for someone who prioritizes community-relative strength and lot size over having a larger-than-average interior space compared to the wider city.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means that, compared to similar properties on the same street and in the Melrose area, this home has a higher municipal assessment. This often reflects the property’s condition, improvements, or desirability within its specific local market, and can be a positive indicator of its standing in the neighbourhood.
2. Is the living space small?
At 892 sqft, the living area is slightly below the city-wide average but is very much in line with the typical home size in the Melrose area. It represents the standard, efficient layout common to many well-maintained homes of its era in this community.
3. How does the 1958 build year compare?
While around average for the city, this home is actually newer than many in the Melrose area. This can imply potentially fewer issues with very aged infrastructure common in some older homes, offering a relative advantage in this specific neighbourhood.
4. What can the past sale price range tell me?
The recorded sale in the 2016-2025 period falling in the CA$250k–300k range provides a historical benchmark. To understand current market value, this should be compared with recent sales of similar homes in the area, as prices have likely shifted since that transaction.
5. How do I find out the exact past sale price?
The exact sold price is not publicly displayed in detail here. You can request it by email via the button on the property page. The service is manual, with a promised reply by the end of the same day, and your email is not used for marketing spam.
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