Property score
47.1
Below average
Overall 47.1 · Smaller than most nearby homes
728 sqft (bottom 13%) · Built in 1946 (1 yr newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 8 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
1 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 2%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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47.1 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: #46110892
$73K
Median household income
$83K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
36%
Single-person households
26%
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
409 Melbourne Avenue — 14 amenities found within 500 m, across 7 categories, including 1 dining (nearest 363 m), 8 education (nearest 175 m), 1 healthcare (nearest 419 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 48% | Bottom 35% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 409 Melbourne Avenue in Winnipeg's Munroe West neighbourhood presents a specific value proposition centered on its generous lot. Built in 1946, the 728 sqft house is compact, ranking below average in size for its street, area, and the wider city. Its assessed value of $274,000 is fairly typical for Munroe West but sits below the Winnipeg city average, indicating a potentially accessible entry point. The standout feature is the 5,725 sqft land area, which is notably larger than most lots on Melbourne Avenue and in the immediate area. This creates a clear contrast between the modest home and its expansive outdoor space.
The primary appeal lies in this land-to-structure ratio. It suits a buyer comfortable with a smaller, character home who prioritizes private outdoor space for gardening, recreation, or future expansion over interior square footage. It’s a practical option for first-time buyers or downsizers seeking a manageable home without sacrificing yard size. A thoughtful perspective is that the below-average city-wide rankings for living area and value might represent a chance to secure a larger-than-average lot in a established neighbourhood at a relative discount, with the understanding that updates to an 80-year-old home may be part of the journey.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its age of 80 years, prospective buyers should budget for potential updates. While systems may have been maintained or replaced, a thorough inspection is essential to understand the condition of the roof, wiring, plumbing, and foundation common to homes of this era.
2. How does the lot size compare to nearby properties?
The lot is a key asset. At 5,725 sqft, it ranks in the top 8% on Melbourne Avenue and the top 23% in Munroe West for land area, meaning it is significantly larger than many neighbouring properties.
3. What is the neighbourhood like?
Munroe West is a mature, established neighbourhood in Winnipeg. The property's assessed value is around the average for this area, suggesting it fits within the local market context. The close proximity of similar-aged homes on Melbourne Avenue indicates a consistent streetscape.
4. Why is the assessed value below the city-wide average?
The city-wide average assessed value is skewed higher by newer, larger homes in different areas. At $274,000, this home’s assessment is actually slightly above the average for its own street and aligns with the Munroe West average, reflecting its realistic value within its immediate market.
5. Can I find out the exact historical sale price?
The listing indicates the home sold in January 2017 for between $200,000 and $250,000. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display MLS sold data directly.
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