Property score
38.2
Below average
Overall 38.2 · Smaller and older than most nearby homes
605 sqft (bottom 3%) · Built in 1914 (31 yrs older 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: 5 schools, 2 shops, 1 park, and 1 place of worship nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Below average
31 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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38.2 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
355 Melbourne Avenue — 9 amenities found within 500 m, across 4 categories, including 5 education (nearest 228 m), 2 shopping (nearest 426 m), 1 parks (nearest 398 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 27% | Bottom 22% | Bottom 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 8% | Bottom 8% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 355 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This home at 355 Melbourne Avenue is defined by its compact efficiency and historic character. Built in 1914, it is notably older than most homes in its immediate area and across Winnipeg. With 605 square feet of living space, it is significantly smaller than the average local home, placing it in the top 3% smallest properties city-wide. The assessed value of $193k is also well below area and city averages, reflecting its size and age.
The primary appeal lies in its affordability and low-maintenance potential within a mature Winnipeg neighbourhood. It represents a rare entry point into the market for a specific buyer. This property would best suit a minimalist first-time buyer, an investor looking for a straightforward rental property, or someone seeking a modest, no-frills home with property taxes based on its lower assessment. A thoughtful perspective is that its smaller size and lot (3,574 sq ft) translate to lower utility costs and less exterior upkeep, which can be a significant long-term advantage. Its age suggests potential for classic architectural charm, but also implies that a thorough inspection is essential.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is based on specific property attributes. The home’s smaller size (605 sq ft), older age (1914), and lot dimensions result in a valuation that is consistently below averages for the street, neighbourhood, and city.
2. What does the "Top 97%" ranking for living area mean?
This statistic means the home’s living area is smaller than approximately 97% of comparable properties city-wide. It is a quantitative way of showing that this is a notably compact home relative to the market.
3. How reliable are the sold price ranges from 2017 and 2021?
The sold price data is based on publicly available information, not the MLS. The ranges are presented in $50k bands and have had limited verification. For fully verified, exact historical sale figures, you must request a manual lookup via the site's email service.
4. Is the older age of the home (1914) a concern?
While it adds character, a home of this age requires careful attention. Potential buyers should prioritize a comprehensive home inspection to understand the condition of foundational elements, plumbing, electrical systems, and the roof, as updates may be needed.
5. Who would this property not be suitable for?
It would likely not suit buyers needing multiple bedrooms, dedicated home office space, or those who entertain large groups frequently. The compact living area requires efficient use of space and a minimalist approach.
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