Property score
56.6
Fair
Overall 56.6 · Larger but older than most nearby homes
1,172 sqft (top 15%) · Built in 1914 (31 yrs older than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 4 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Below average
31 yrs older 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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56.6 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
461 Melbourne Avenue — 10 amenities found within 500 m, across 7 categories, including 1 dining (nearest 225 m), 4 education (nearest 215 m), 1 healthcare (nearest 300 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 3% | Bottom 4% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 461 Melbourne Avenue presents a distinct value proposition centered on space and affordability. Its key characteristic is a generous 1,172 sqft living area, which is notably larger than most homes on its street and in the Munroe West neighbourhood. This is balanced by a very low assessed value of $168k, which sits well below local and city-wide averages. Built in 1914, the property is a century-old character home, reflecting in its vintage and smaller 3,582 sqft lot size.
Its primary appeal lies in offering significantly more interior space for the money compared to its immediate surroundings, ideal for buyers who prioritize room over modern finishes or extensive outdoor space. It would suit practical first-time buyers, investors looking for a rental property with a lower entry point, or those who appreciate older home charm and are prepared for the maintenance that comes with it. A less obvious perspective is its potential as a longer-term hold in an area where the value is fundamentally in the land and existing structure, offering a stable base in the market.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on municipal valuation for tax purposes, which considers factors like age, condition, and recent sales. For this 1914 home, its age and potentially outdated systems or features compared to newer builds on the street contribute to this lower assessment.
2. What should I consider with a home built in 1914?
While offering character, a home of this age likely requires a thorough inspection. Key considerations would be the condition of the foundation, plumbing, electrical wiring, insulation, and the roof. Budgeting for updates and maintenance is essential.
3. The living area is large for the neighbourhood. Does the layout feel modern?
Given the era of construction, the floor plan may be compartmentalized rather than open-concept. The appeal is in the square footage itself, which offers room to renovate or adapt over time, but the initial layout may feel traditional.
4. How does the smaller lot size impact the property?
The 3,582 sqft lot is around average for the street but below the neighbourhood and city averages. This means smaller outdoor space for gardening or expansion, but it can also mean less yard maintenance.
5. Where can I get the exact historical sold price for this home?
The provided data shows a sold price range. Due to industry rules, exact sold prices are not published online here. You can request the precise sales history by emailing the site directly for a manual lookup.
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