Property score
53.9
Fair
Overall 53.9 · Newer than most nearby homes
924 sqft (top 46%) · Built in 1955 (10 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
4% smaller than neighborhood avg.
Taon ng Paggawa
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 3%
Past 10 years Munroe West sales snapshot (~80% of all data)
477
363.3k
$342/sqft
1945
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53.9 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 na bahay (hindi 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: #46110699
$77K
Median household income
$80K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
34%
Single-person households
25%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
542 Melbourne Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 311 m), 1 education (nearest 486 m), 1 healthcare (nearest 372 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 12% | Top 18% | Bottom 43% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
This 924 sqft bungalow at 542 Melbourne Avenue, built in 1955, presents a compelling opportunity in Winnipeg's Munroe West neighborhood. Its primary appeal lies in its strong value proposition within its immediate context. While its living space is modest compared to the citywide average, the home stands out on its own street and in its area with an assessed value of $327k, which ranks in the top 4% and 10% respectively. This suggests a well-regarded property that may have seen updates or sits on a desirable stretch of the avenue. The lot is a standard size for the local area at just under 4,200 sqft.
This home would suit a first-time buyer or downsizer looking for a manageable, single-level footprint in an established neighborhood. It’s also a practical option for an investor seeking a property with a solid assessment base in a stable community. The data indicates you are paying a premium for the specific location on Melbourne Avenue, making it ideal for someone who values that precise setting over maximum square footage.
1. Why is the assessed value so high compared to nearby homes?
The assessment ranks in the elite top 4% on its own street. This typically reflects factors like recent improvements, the property's condition, or its specific location on the block, making it a standout among its direct neighbors.
2. Is the living space sufficient for a small family?
At 924 sqft, the living area is around the local average but below the citywide standard. It would be a comfortable fit for a couple, a single person, or a small family comfortable with a more compact, efficient layout characteristic of many 1950s bungalows.
3. What does the sale history indicate?
The property last sold in December 2020 for an estimated $300k-$350k. This past price, combined with the current high assessed value for the area, suggests the property has maintained or increased its market position.
4. How does the lot size compare?
The 4,199 sqft lot is very typical for Munroe West. It provides a standard yard space for the neighborhood but is below the larger city average, aligning with expectations for this established community.
5. Where can I get verified sale price data for this home?
The site provides estimated sold price ranges. For the exact sale history and verified figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
