Property score
43.4
Below average
Overall 43.4 · Smaller and older than most nearby homes
788 sqft (bottom 24%) · Built in 1924 (21 yrs older 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
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
18% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
21 yrs older 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
43.4 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
546 Melbourne Avenue — 9 amenities found within 500 m, across 8 categories, including 1 dining (nearest 318 m), 1 education (nearest 496 m), 1 healthcare (nearest 377 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 21% | ਹੇਠਲੇ 21% | ਹੇਠਲੇ 13% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 546 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This home is a classic 1924 bungalow in Munroe West, offering a compact and efficient 788 sqft of living space on a 3,300 sqft lot. Its core appeal lies in being a notably affordable entry point into the Winnipeg market, with a current assessed value of $197k—significantly below area and city averages. The data suggests a property that prioritizes function and location over size or modern amenities.
The home would suit first-time buyers or investors seeking a lower-cost foothold in a stable neighbourhood. Its below-average costs for taxes and potential renovations could appeal to hands-on buyers comfortable with a century-old home's character and maintenance. A thoughtful perspective is that its smaller scale and lot size translate to less upkeep and lower utility costs, which can be a sustainable and budget-friendly choice. While not the largest or newest on the block, it represents a practical, no-frills option in a city where average home values are considerably higher.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $197k is for municipal tax purposes. The recent sold price range (CA$200k–250k) is a better indicator of its actual market value, though an exact price requires verification.
2. What are the implications of the home being built in 1924?
Expect character features but also the potential for aging components like plumbing, electrical, or the foundation. A thorough inspection is essential. The home is older than most in the immediate area and citywide.
3. The lot size is below average. Is that a major drawback?
It depends on your priorities. The smaller lot means less yard maintenance but also less private outdoor space. It is consistent with many older neighbourhood layouts but is smaller than newer developments.
4. How does this property compare to its neighbours?
The data shows it is smaller in living area, lot size, and assessed value than most homes on Melbourne Avenue and in Munroe West. This indicates it is a more modest property within a neighbourhood of relatively larger, higher-value homes.
5. How can I get the exact historical sold prices?
The site does not display MLS sold records. You must request the exact figures by email for a manual lookup, as provided in the data notes.
