Property score
48.4
Below average
Overall 48.4 · Older than most nearby homes
968 sqft (top 38%) · Built in 1921 (24 yrs older than avg)
Located in a above-average income area with median household income of ~68k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 5 schools, 1 shop, and 1 park nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
24 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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48.4 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
365 Melbourne Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 495 m), 5 education (nearest 238 m), 1 shopping (nearest 411 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 41% | Bottom 41% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 365 Melbourne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 365 Melbourne Avenue in Munroe West presents a distinct profile centered on space and value within its immediate neighborhood. Built in 1921, it is a character home that offers more living area (968 sq ft) than most on its street and in the Munroe West area, ranking in the top 24% and 38% respectively. This makes it a notably spacious option for the locale, appealing to buyers seeking older-home charm without the typically smaller floor plans.
Its primary appeal lies in its value positioning. With an assessed value of $235k, it sits below the average for Melbourne Avenue, Munroe West, and Winnipeg overall. This combination of above-average interior space for the area with a below-average price point creates an opportunity for value-conscious buyers. The lot, while smaller than area averages at 3,575 sq ft, is manageable.
This property would suit a first-time buyer or an investor looking for entry into a stable neighborhood with a home that offers more usable space than its peers. It’s also a fit for someone who appreciates the character of a century-old home and is prepared for the maintenance that may entail. A thoughtful perspective is that while the home is older than most in the city, its size advantage on the street suggests it may have been a substantial home for its time, potentially with solid bones and layout.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to recent sales on the street?
The home last sold between $200k-$250k in early 2020. That sale price ranked in the top 41% for value on Melbourne Avenue at the time, indicating it was a competitively priced transaction.
2. Is the older year of build (1921) a concern?
The home is significantly older than most in Winnipeg. This implies potential for character but also means systems (like plumbing, electrical, roof) may need updating or careful inspection. It ranks in the bottom 15% for age on its street.
3. What does the "above average" living area ranking mean practically?
In Munroe West, comparable homes average 958 sq ft. This home’s 968 sq ft is very close to that area average, but it ranks well because many homes are smaller. On Melbourne Avenue itself, it stands out more, as street peers average only 882 sq ft.
4. How can I get the exact historical sold price data?
The provided sold price is a public record estimate. Due to industry rules, exact MLS sale figures are not displayed on this site. You can request the full, verified transaction history by emailing the site directly for a manual lookup.
5. Are the property taxes likely to be high?
The assessed value of $235k is below the city-wide average of $390.1k, which is a strong indicator that the municipal property tax burden will be comparatively lower than for an average Winnipeg home.
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