211 Melrose Avenue E

Property Overview

This home at 211 Melrose Avenue E presents a distinct profile defined by its modern build date and efficient use of space. Built in 1978, it is significantly newer than most homes on its street and in the wider Melrose area, which typically date to the late 1940s. This suggests updated infrastructure and potentially lower immediate maintenance needs compared to much older stock. With 1,088 sqft of living area, it offers above-average interior space for its immediate neighborhood, providing comfortable roominess within a manageable footprint.

The property’s appeal lies in this balance of a newer, low-maintenance structure with efficient interior space, all at a very accessible price point, as indicated by its below-average assessed value. The trade-off is an exceptionally small lot size (1,726 sqft), which means minimal outdoor private space but also less yard work. It would suit first-time buyers or downsizers seeking a modern, move-in-ready home without a premium price tag, and who prioritize interior space and modern systems over a large yard. Investors may also see value in a newer property with potentially lower upkeep costs for tenants.

Frequently Asked Questions

1. What does the assessed value tell me about the price?
The assessed value is significantly below averages for the street, area, and city. This typically indicates a lower property tax burden and suggests the home may be priced accessibly relative to the market, though the final sale price is determined by current market conditions.

2. The home is newer than most in the area. What are the implications?
A 1978 build date likely means more modern electrical, plumbing, and insulation standards compared to the pre-1950s homes common here. This can translate to greater energy efficiency and fewer major system upgrades in the near term.

3. How significant is the small lot size?
The lot is among the smallest in the city. This means a very compact backyard, limited space for additions, gardening, or extensive outdoor recreation. However, it also means minimal time and expense spent on lawn care and yard maintenance.

4. It last sold between 2021-2025. Why is the exact price not shown?
Exact sold prices are not always publicly available in Manitoba. The range provided is based on public data, and the precise figure can be requested directly from the listing service to ensure accuracy for serious buyers.

5. The living space is above average for the street, but the lot is tiny. How does that work?
This indicates the home is built to utilize a large portion of its lot footprint. You get a relatively spacious interior for the neighborhood, but that space comes from the design of the house itself rather than from the surrounding land.