Property score
60.4
Fair
Overall 60.4 · Newer than most nearby homes
1,009 sqft (top 32%) · Built in 1988 (43 yrs newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Above average
43 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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60.4 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: #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
465 Melbourne Avenue — 9 amenities found within 500 m, across 7 categories, including 1 dining (nearest 217 m), 3 education (nearest 227 m), 1 healthcare (nearest 294 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 32% | Top 47% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 465 Melbourne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 465 Melbourne Avenue in Munroe West presents a compelling mix of modern convenience and established neighbourhood character. Built in 1988, it is notably newer than most homes on its street and in the wider area, ranking in the top 4% locally for its year of construction. This suggests potentially fewer concerns with aging infrastructure and systems compared to its century-old neighbours.
With 1,009 sqft of living space, it offers above-average room for the immediate street and is on par with the area average, providing a comfortable footprint without excessive upkeep. Its assessed value of $310k sits well above local averages, indicating strong perceived value relative to nearby properties, though it is around the median city-wide.
The appeal lies in this balance: a relatively contemporary home in a mature neighbourhood. It suits buyers seeking a move-in-ready property without the premium of a brand-new build, and who value being in an established community with character. A thoughtful perspective is the lot size, which at 3,463 sqft is smaller than most in the area. This could be a positive for those wanting lower outdoor maintenance, but a consideration for anyone dreaming of extensive gardens or expansions.
Section 2: Frequently Asked Questions
1. How does the 1988 build date compare to nearby homes?
This home is significantly newer than most in the vicinity. The average build year on Melbourne Avenue is 1942, and in Munroe West it's 1945, making this property decades younger and likely requiring less immediate major renovation.
2. Is the assessed value of $310k typical for the area?
No, it's above typical. The assessed value ranks in the top 9% on its street and top 19% in Munroe West, reflecting a higher valuation than most comparable neighbouring homes.
3. What should I know about the lot size?
The land area is 3,463 sqft, which is below the average for both the street and neighbourhood. This means a more manageable yard but less private outdoor space than some other properties in the area.
4. Can I see the exact historical sold price?
The site provides a sold price range (CA$250k–300k) from March 2017. To obtain the exact figure and full transaction history, you must request a manual lookup via email, as the data is not sourced from the MLS.
5. How does the living space compare to an average Winnipeg home?
At 1,009 sqft, it is below the Winnipeg city-wide average of 1,342 sqft. It offers ample space for the local area but is considered more compact compared to the broader city market.
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