Property score
44.6
Below average
Overall 44.6 · Smaller than most nearby homes
720 sqft (bottom 12%) · Built in 1946 (1 yr newer than avg)
Located in a above-average income area with median household income of ~72.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
25% 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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44.6 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
489 Melbourne Avenue — 7 amenities found within 500 m, across 7 categories, including 1 dining (nearest 196 m), 1 education (nearest 297 m), 1 healthcare (nearest 275 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 37% | Bottom 46% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 489 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, 720 sqft home built in 1946 on a 3,585 sqft lot in the Munroe West neighbourhood. Its key appeal lies in its position as an affordable entry point into the Winnipeg market. The data shows it is consistently below average in size and assessed value compared to homes on its street, in its area, and across the city. This translates to a lower price barrier and potentially lower property taxes.
The home would suit first-time buyers or investors seeking a straightforward, no-frills property. Its smaller size and vintage suggest it may appeal to those comfortable with a renovator's touch or seeking a manageable space. A thoughtful perspective is that its "below average" metrics are precisely what create its opportunity; it offers a chance to gain a foothold in a neighbourhood where the average home is larger and more expensive. The lot size, while below the city average, is reasonably proportional to the home's footprint for the area, offering typical outdoor space for its setting.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the assessed value of $228k, which is below area averages, and the past sale price range, it appears positioned as a competitively priced, entry-level home. Its value is tied more to land and location than to the size or modern condition of the structure itself.
2. What should I know about a house built in 1946?
Expect character common to the era, but also potential needs like older wiring, plumbing, or insulation. A thorough inspection is essential. On a positive note, its construction date is typical for the street and area, meaning local trades are familiar with homes of this vintage.
3. How does the lot size compare?
At 3,585 sqft, the lot is slightly smaller than the average for Munroe West but is not an outlier. It provides standard yard space for the neighbourhood and is not unusually narrow or shallow compared to immediate peers.
4. Why are the sold prices shown as a range?
The site uses publicly available data, not MLS records, and displays approximate ranges for non-members. To obtain the exact historical sale figures, you must request them directly via email from the site, as noted in the data disclaimer.
5. The home is smaller than average. Is that a concern?
This is the defining characteristic of the property. The 720 sqft living area is significantly smaller than the city average. It will suit those seeking a cozy, efficient space but may feel cramped for those needing multiple bedrooms or dedicated work-from-home areas. This size is the primary factor behind its lower assessed value.
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