Property score
46.0
Below average
Overall 46.0 · Newer than most nearby homes
840 sqft (bottom 37%) · Built in 1954 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~68k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 8 schools, 1 shop, 1 park, and 1 place of worship nearby
Living Area
Below average
12% smaller than neighborhood avg.
Year Built
Above average
9 yrs newer 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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46.0 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
350 Melbourne Avenue — 11 amenities found within 500 m, across 4 categories, including 8 education (nearest 185 m), 1 shopping (nearest 401 m), 1 parks (nearest 421 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 | Bottom 17% | Bottom 19% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 350 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This 840 sqft bungalow, built in 1954, sits on a 3,299 sqft lot in Munroe West. Its core appeal lies in being a competitively priced, manageable home in an established neighbourhood. The assessed value of $221k is notably below averages for the street, area, and city, suggesting a lower property tax burden and an accessible entry point into the market.
The home suits first-time buyers or downsizers seeking a practical footprint without excessive upkeep. A thoughtful perspective is that while the lot is smaller than many in the area, it offers enough outdoor space for a garden or patio but requires less maintenance. Additionally, its 1954 build date makes it newer than many neighbouring homes, potentially indicating updates over the years or fewer concerns associated with very early 20th-century construction. It represents a value-oriented choice for those who prioritize location and financial efficiency over size.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($221k) is used for calculating property taxes and is often lower than current market value. The last known sale was between $200k-$250k in late 2021.
2. How does the living space compare to nearby homes?
At 840 sqft, it's very close to the average for Munroe West (958 sqft) and Melbourne Avenue (882 sqft). It provides a comfortable size for a small household without being oversized.
3. What does the "below average" land area mean for me?
The lot is 3,299 sqft, which is smaller than many in Winnipeg. This means a more manageable yard with less grass to cut and garden to maintain, but also less space for large additions, pools, or extensive landscaping.
4. The home is 72 years old. What should I consider?
While newer than many on its street, a home of this age will likely have older major systems (like plumbing, electrical, roof). A thorough inspection is essential to understand the condition and any needed updates or repairs.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. To obtain verified, exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
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