108 Melrose Avenue W

Property Overview

108 Melrose Avenue W is a distinctive home in Winnipeg's Melrose neighborhood. Its defining feature is its generous 2,080 square feet of living space, which is exceptionally large for the area. Built in 1920, it offers classic character on a standard city lot. The home last sold between $350,000 and $400,000 in 2021.

Key Characteristics & Appeal

The primary appeal of this property is space. With living area rankings in the top 1% for both its street and broader neighborhood, it offers significantly more interior room than most nearby homes, which average under 1,000 square feet. This makes it a rare find for buyers seeking size in an established area without moving to a newer, sprawling suburb.

Its assessed value is above average for the immediate vicinity, reflecting its substantial size, though it is around the median city-wide. The 1920 build date means it likely possesses charming period details but also suggests that updates and maintenance are important considerations. The lot size is typical for the local streetscape.

This home would best suit buyers who prioritize interior space over a modern build date. It’s ideal for a growing family needing room, someone who appreciates the character of an older home, or an owner who may want to modernize a solid, spacious structure. It’s less suited for those seeking a low-maintenance, turn-key new build.

Frequently Asked Questions

1. What does the "Top 1%" ranking for living area actually mean?
It means this home is larger than 99% of comparable homes on its street and in the Melrose area. With 2,080 sq ft, it has more than double the living space of the local average, making it a standout in that specific category.

2. The home was built in 1920. What should I consider?
While offering classic charm, a 106-year-old home will likely have older systems (like plumbing, electrical, and heating) and may require updates. A thorough inspection is essential to understand the condition and potential future investments needed for maintenance or modernization.

3. The assessed value seems low compared to the last sold price. Why?
The assessed value ($35.40k) is for municipal tax purposes and is not a market valuation. The market value, reflected in the 2021 sale price of $350k-$400k, is influenced by factors like interior condition, updates, and current market demand, which are not fully captured in the tax assessment.

4. Is the lot size a pro or a con?
It’s neutral. At 4,354 sq ft, the lot is very typical for the area—neither unusually large nor small. It provides standard backyard space for a city home but isn't an expansive property. The appeal here is the interior space, not the land.

5. How reliable is the sold price history shown?
The site provides a sold price range based on public data. For the exact historical sale price, you must request it directly from them via email, as they manually verify and provide the precise figure.