Property Overview: 465 Melbourne Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 465 Melbourne Avenue in Munroe West presents a compelling mix of modern convenience and established neighbourhood character. Built in 1988, it is notably newer than most homes on its street and in the wider area, ranking in the top 4% locally for its year of construction. This suggests potentially fewer concerns with aging infrastructure and systems compared to its century-old neighbours.
With 1,009 sqft of living space, it offers above-average room for the immediate street and is on par with the area average, providing a comfortable footprint without excessive upkeep. Its assessed value of $310k sits well above local averages, indicating strong perceived value relative to nearby properties, though it is around the median city-wide.
The appeal lies in this balance: a relatively contemporary home in a mature neighbourhood. It suits buyers seeking a move-in-ready property without the premium of a brand-new build, and who value being in an established community with character. A thoughtful perspective is the lot size, which at 3,463 sqft is smaller than most in the area. This could be a positive for those wanting lower outdoor maintenance, but a consideration for anyone dreaming of extensive gardens or expansions.
Section 2: Frequently Asked Questions
1. How does the 1988 build date compare to nearby homes?
This home is significantly newer than most in the vicinity. The average build year on Melbourne Avenue is 1942, and in Munroe West it's 1945, making this property decades younger and likely requiring less immediate major renovation.
2. Is the assessed value of $310k typical for the area?
No, it's above typical. The assessed value ranks in the top 9% on its street and top 19% in Munroe West, reflecting a higher valuation than most comparable neighbouring homes.
3. What should I know about the lot size?
The land area is 3,463 sqft, which is below the average for both the street and neighbourhood. This means a more manageable yard but less private outdoor space than some other properties in the area.
4. Can I see the exact historical sold price?
The site provides a sold price range (CA$250k–300k) from March 2017. To obtain the exact figure and full transaction history, you must request a manual lookup via email, as the data is not sourced from the MLS.
5. How does the living space compare to an average Winnipeg home?
At 1,009 sqft, it is below the Winnipeg city-wide average of 1,342 sqft. It offers ample space for the local area but is considered more compact compared to the broader city market.