Property score
57.5
Fair
Overall 57.5 · Newer than most nearby homes
972 sqft (top 38%) · Built in 1987 (42 yrs 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, 9 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
42 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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57.5 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: #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
415 Melbourne Avenue — 15 amenities found within 500 m, across 7 categories, including 1 dining (nearest 345 m), 9 education (nearest 169 m), 1 healthcare (nearest 403 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 7% | Top 9% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 415 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This 972 sqft bungalow, built in 1987, stands out in its Munroe West neighbourhood for its modern age compared to the area's predominantly mid-century housing stock. Its key appeal lies in a compelling balance: it offers a relatively contemporary home without the premium often associated with new builds in the city. The living space is efficient and above average for its immediate street, while the assessed value of $301k positions it as a strong value within the local market, ranking in the top 25% of the area.
The property would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a newer building envelope (potentially meaning fewer major maintenance concerns in the short term) over a larger lot size. The below-average land area suggests a manageable yard, appealing to those seeking lower maintenance. It’s a home for someone looking to enter a stable neighbourhood not with a fixer-upper, but with a dwelling that already has the advantages of more modern construction standards.
Frequently Asked Questions
1. How does the 1987 build year affect this property?
Being built in 1987 makes this home notably newer than most in Munroe West, where average build years are from the 1940s. This likely means updated electrical, plumbing, and insulation standards, which can translate to better energy efficiency and fewer immediate major renovations.
2. The lot is smaller than average. Is that a significant drawback?
It depends on your lifestyle. The 3,579 sqft lot is manageable and requires less upkeep, which is a plus for many. However, it may limit expansion possibilities or offer less private outdoor space than other homes on the street.
3. The assessed value seems high for the area. Why?
The $301k assessment ranks in the top 12% on its street. This is likely a direct reflection of the home’s newer age and condition compared to its older neighbours, as assessed value considers the property’s state and replacement cost.
4. What can the 2021 sale price range tell me?
It sold for an estimated $350k-$400k in late 2021, near a market peak. This provides a historical benchmark, but current value will be influenced by today’s market conditions, interest rates, and any updates made since then.
5. How can I get the exact historical sale prices?
The site notes that exact sold prices are not displayed publicly due to data sourcing rules. You can request the exact figures by emailing them directly for a manual lookup, which they provide without using your email for marketing.
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