550 Melbourne Avenue

Munroe West, Winnipeg

Property score

50.3

Fair

Overall 50.3 · Newer than most nearby homes

885 sqft (bottom 45%) · 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 healthcare facility, 1 shop, and 1 park nearby

Living Area

Near average

8% smaller than neighborhood avg.

Year Built

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)

Sold Count

477

Median price

363.3k

$/sqft

$342/sqft

Avg build year

1945

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Property score

50.3 is composed by the two sections below.

Property Score

37.6Low
Living Area885 sqft32Low
Year Built195536Low
Lot Size4,499 sqft53Fair
Neighbourhood Sales Activity65Good

Community Score

69.3Good
Household Income75Good
Education Level44Low
Housing Stress74Good
Core Housing Need88Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110699

Community deep dive

$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

Population, labour & age

Population (2021)632
Labour force participation rate70%
Median age37.6
Avg household size2.4
Unemployment rate13%
Population density1504 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households34%
Couple families with children25%
Median household income (2020)$77K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$290K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority16%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
885 sqft
0255075100
Same streetTop 40%Same areaBottom 45%CitywideBottom 15%
Same street · Melbourne Avenue
#77 / 194
Top 40% · Avg 882 sqft
Same area · Munroe West
#613 / 1,123
Bottom 45% · Avg 958 sqft
Citywide · Winnipeg
#165,055 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

Elite
323k
0255075100
Same streetTop 5%Same areaTop 12%CitywideBottom 36%
Same street · Melbourne Avenue
#9 / 194
Top 5% · Avg 257.7k
Same area · Munroe West
#130 / 1,123
Top 12% · Avg 273.5k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

above average
1955
0255075100
Same streetTop 18%Same areaTop 11%CitywideBottom 34%

Lot Size

around average
4,499 sqft
0255075100
Same streetTop 47%Same areaBottom 37%CitywideBottom 34%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

550 Melbourne Avenue — 8 amenities found within 500 m, across 7 categories, including 1 dining (nearest 326 m), 1 healthcare (nearest 384 m), 1 shopping (nearest 381 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks1
Fuel Stations1
Worship2
🏛️Government1

Crime & Safety

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%

Sales History

550 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.

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