Property score
55.2
Fair
Overall 55.2 · Larger but older than most nearby homes
1,156 sqft (top 16%) · Built in 1931 (14 yrs older than avg)
Located in a above-average income area with median household income of ~68k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 5 schools, 1 shop, and 1 park nearby
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 3%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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55.2 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: #46110891
$68K
Median household income
$70K
Average household income
18%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
35%
Single-person households
20%
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
317 Melbourne Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 443 m), 5 education (nearest 197 m), 1 shopping (nearest 414 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 48% | Bottom 38% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 317 Melbourne Avenue in Winnipeg's Munroe West neighbourhood presents a distinct profile. Built in 1931, its key appeal lies in offering more interior space than many nearby homes, set on a modest lot. It suits buyers looking for character and room to grow within a well-established area, without a premium city-wide price tag.
Key Characteristics & Appeal
The standout feature is the living area. At 1,156 sqft, it is notably larger than most comparable homes on its street and in the Munroe West area, ranking in the top 16% locally. This makes it a practical choice for those needing more room but wanting to stay in the neighbourhood. The assessed value of $267k is very typical for Munroe West and Melbourne Avenue, meaning you're paying the going rate for the area rather than a premium for the extra space.
The trade-off is the lot size (3,573 sqft), which is below average for the street and area, and the home's age. A 1931 build means potential for character but also suggests a need for careful inspection regarding updates and maintenance. This combination creates a specific value proposition: you are acquiring above-average interior space on a smaller, manageable lot in a mature neighbourhood, at a value that is anchored to its local market rather than the broader city.
This property would suit a practical buyer who prioritizes indoor living space over a large yard, and who is comfortable with the realities and charms of an older home. It’s a sensible option for small families, couples, or investors looking at the Munroe West area who find newer, larger-lot homes in the city beyond their budget.
1. Is the price fair compared to recent sales?
The home last sold between $200k-$250k in mid-2016. Its current assessed value of $267k is consistent with the average for Melbourne Avenue and slightly below the average for Munroe West, suggesting the asking price is likely grounded in local market values.
2. What does the older year of build (1931) mean for me?
It indicates a home with potential character but one that will require a thorough inspection. Key systems like wiring, plumbing, and the foundation should be evaluated. While it ranks as an average age for its street, it is older than most homes in the wider city.
3. The living area is large, but the lot is small. What's the effect?
You gain generous indoor space, which is a rarity in the immediate area, but have less outdoor yard space than many neighbours. This is ideal if you prefer low-maintenance outdoor areas or prioritize indoor living, but less suitable if you desire extensive gardening or outdoor recreation space.
4. How does this property compare to the wider Winnipeg market?
City-wide, this home is below average in assessed value, lot size, and year built. Its value is in its above-average interior space for the local area. This highlights that its appeal and price are primarily driven by the Munroe West market, offering a more affordable entry point to city living.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges for general research. Due to industry rules, exact MLS sold figures are not displayed online. You can request the full, verified transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.
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