Property score
46.6
Below average
Overall 46.6 · Smaller and older than most nearby homes
750 sqft (bottom 17%) · Built in 1929 (16 yrs older than avg)
Located in a above-average income area with median household income of ~79k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 4%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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46.6 is composed by the two sections below.
Property Score
Community Score
Munroe West
How to read: Share of sales in each ~$50k price band for “munroe west” (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: #46110890
$79K
Median household income
$89K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
28%
Single-person households
21%
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
218 Melbourne Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 74 m), 2 education (nearest 368 m), 1 healthcare (nearest 371 m).
Munroe West · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -88%
vs. prior year
Primary type
Property
65%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 40% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 218 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This 750 sqft bungalow, built in 1929, sits on a 3,600 sqft lot in Munroe West. Its core appeal lies in its established neighbourhood setting and its relative value proposition. The home’s assessed value of $281k is above the immediate street average, suggesting it is a well-regarded property on its block. However, it presents as a more compact and affordable option when viewed against wider city averages, where both living space and lot size are significantly larger.
This property would suit first-time buyers or downsizers seeking an entry point into a mature neighbourhood without a premium city-wide price tag. It’s a practical choice for those who value location and character over sheer square footage. A thoughtful perspective is that its older vintage (1929) offers classic charm but also implies a need for a buyer comfortable with the maintenance and potential update projects typical of a near-century-old home. Its above-average assessment for the street could indicate better upkeep or desirable features compared to direct neighbours, which is a subtle advantage.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 750 sqft, the living area is slightly below average for Melbourne Avenue and more compact compared to most homes in both the Munroe West area and Winnipeg overall.
2. Is the assessed value high for this area?
The $281,000 assessment is above the average for Melbourne Avenue itself. It is very close to the average for the broader Munroe West neighbourhood but sits below the city-wide average, indicating good value within its immediate locale.
3. What should I consider about the age of the home?
Built in 1929, the home is older than most in the city. This often means character and established landscaping, but buyers should be prepared for potential updates to systems like wiring, plumbing, or windows, and should prioritize a thorough inspection.
4. How does the lot size impact the property?
The 3,600 sqft lot is slightly smaller than the street and area averages. This means lower maintenance but may limit expansion possibilities. It’s a manageable size for a first-time homeowner.
5. Where can I find verified past sale prices?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the exact sale history by email, and the team will provide the verified figures directly.
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