53.5
Fair
Property score
53.5
Fair
Overall 53.5
Newer than most nearby homes
912 sqft (bottom 49%)
Built in 1959 (12 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Above average
12 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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53.5 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
732 Regent Avenue W — 23 amenities found within 500 m, across 9 categories, including 6 dining (nearest 75 m), 1 education (nearest 229 m), 3 healthcare (nearest 165 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 43% | Bottom 38% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 732 Regent Avenue W
Section 1: Key Characteristics & Appeal
This home at 732 Regent Avenue W in Winnipeg's Melrose neighbourhood presents a practical and straightforward opportunity. Built in 1959, it is a newer construction compared to many homes on its street and in the immediate area, which can be an advantage for maintenance and system updates. With 912 square feet of living space and a 4,400 sqft lot, the property aligns closely with the averages for Melrose, offering a manageable size for efficient living and outdoor space.
Its primary appeal lies in its positioning as a competitively assessed property within its local context. While its size and value are below the city-wide average, they are solidly within the normal range for this specific community. This suggests a entry point into a stable, established area without a premium price tag. The home would suit first-time buyers seeking an affordable foothold, practical investors looking for a rental property with realistic local valuations, or downsizers wanting a low-maintenance property that matches the scale of the neighbourhood. A thoughtful perspective is that its "average" metrics locally could indicate less risk of overpaying for area trends, offering a grounded, value-conscious purchase.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 912 sqft, the living area is very close to the average for both Regent Avenue W (974 sqft) and the broader Melrose area (973 sqft). It’s a typical size for homes in this specific locale.
2. What does the assessed value tell me?
The assessed value of $29,800 is around the average for the street and neighbourhood. However, it is significantly below the city-wide average, highlighting that this area offers more accessible pricing compared to many parts of Winnipeg.
3. Is the home older?
Built in 1959, it is actually newer than many comparable homes on its street and in Melrose, where average build years are 1952 and 1947, respectively. This relative newness can be a positive factor.
4. Can I find out the exact historical sale price?
The provided sale price history from 2017 shows a range. To obtain the exact sale price, you can request it via email from the listing service, which provides the information manually.
5. How does the lot size impact potential?
The 4,400 sqft lot is slightly larger than the local averages for both the street and Melrose area. This offers a bit more outdoor space than many immediate neighbours, which could be a benefit for gardening, expansion, or simply having more privacy.
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