Property score
53.0
Fair
Overall 53.0 · Compared with neighbourhood average
918 sqft (top 47%) · Built in 1948 (3 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, 6 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
3 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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53.0 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
466 Melbourne Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 262 m), 6 education (nearest 271 m), 1 healthcare (nearest 341 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%
466 Melbourne Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 466 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This home at 466 Melbourne Avenue in Munroe West presents a solid, grounded opportunity in the Winnipeg market. Built in 1948, it is a character home typical of its era, offering 918 sqft of living space on a 4,500 sqft lot. The data reveals its core appeal: it is a consistently average-to-above-average property within its immediate context. Its assessed value ($270k), living area, and lot size all rank comfortably in the top half when compared directly to its neighbours on Melbourne Avenue and in the Munroe West area. This suggests a home that holds its own on a stable, established street.
The appeal lies in its relative affordability and positioning. Compared to the city-wide averages, its value and size are notably below average, which translates to a lower entry point into the Winnipeg housing market. This isn't a sprawling modern home, but a practical one with a decently sized lot for the neighbourhood. It would suit first-time buyers seeking a character home without the premium of a newer build, or practical investors looking for a stable rental property in a mature area. A thoughtful perspective is that its "averageness" in the local context is a strength—it indicates a lower risk of overpaying relative to the immediate area and suggests the property is unlikely to have glaring deficiencies compared to its peers.
Frequently Asked Questions
1. How does this home really compare to others nearby?
The data shows it is consistently above the median for its street and neighbourhood in key metrics like living area and assessed value. This means you're getting more than a typical lot size and a home larger than many on the block, which is a positive in a mature area.
2. Is the 1948 build date a concern?
While newer than many homes on its street (ranking in the top 31%), a 78-year-old home will require a diligent inspection. Budgeting for updates to major aging components like plumbing, wiring, or the roof should be part of your consideration.
3. Why is the city-wide comparison so different?
The home appears "below average" city-wide because newer suburban developments with larger, more expensive homes skew the averages. This highlights the property's value as an affordable option within a mature, inner-city neighbourhood.
4. What can the assessed value tell me about the listing price?
The assessed value of $270k is a municipal valuation for tax purposes, not a market price. However, it is above the street average, indicating the city sees it as a higher-value property on Melbourne Avenue. The sale price will be determined by current market conditions.
5. How can I find out what nearby homes have actually sold for?
As noted, exact sold price history is not published on this site due to industry rules. You can request this information manually via the "Request exact figures by email" link provided, or work with a real estate agent who has access to the full MLS sales history.
