Property score
42.5
Below average
Overall 42.5 · Smaller and older than most nearby homes
787 sqft (bottom 24%) · Built in 1924 (21 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, 10 schools, 1 shop, and 1 park nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
21 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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42.5 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
372 Melbourne Avenue — 14 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 10 education (nearest 226 m), 1 shopping (nearest 351 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 12% | Bottom 11% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 372 Melbourne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 372 Melbourne Avenue in Munroe West presents a specific value proposition centered on its lot and location. Built in 1924, it's a century-old character home with a compact 787 sqft interior, which is notably smaller than average for both the neighbourhood and the wider city. The assessed value of $237k is comfortably below area and city averages, reflecting its size and age.
The primary appeal lies in its generous 4,949 sqft lot, which is larger than most on its street. This creates a clear opportunity: the value is in the land and the potential it holds. The home itself would suit a buyer comfortable with a cozy footprint, possibly a first-time buyer, downsizer, or an investor. Its true suitability, however, is for a buyer with a vision—someone who sees the existing structure as a starter home with renovation potential or who views the large lot as a long-term asset in an established neighbourhood. It’s a practical choice for those prioritizing lot size and entry-level pricing over immediate space and modern finishes.
Section 2: Frequently Asked Questions
1. Is the price reflective of the home's condition?
The assessed and likely market value is significantly below averages, which typically accounts for factors like a smaller living area, older age, and potentially the need for updates or maintenance. The price point suggests a value-driven entry into the neighbourhood.
2. What does the large lot mean for me?
The lot is a standout feature, offering above-average outdoor space for the street. This provides more privacy, yard potential, and future flexibility than many similarly priced properties, which can be a rarity in established areas.
3. Who would this home not be suitable for?
It may not suit buyers seeking a move-in-ready, modern open-concept layout or those requiring multiple bedrooms and ample indoor living space. The smaller square footage requires efficient use of space.
4. How does the 1924 build year affect things?
A home of this age likely has character but may also have older mechanical systems (like plumbing, wiring, or heating) and could require more diligent maintenance or planned updates compared to a newer build. This is a key consideration for inspection and budgeting.
5. Where can I get verified historical sale data?
The provided sold price data is from public sources. For fully verified and exact sales history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.
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