Property Summary: 436 Melrose Avenue W
Section 1: Key Characteristics & Appeal
This home at 436 Melrose Avenue W is a compact, character property built in 1912. Its key appeal lies in its efficient scale and its position as a relatively affordable entry point into the Winnipeg market. With 803 square feet of living space and a 3,629 sqft lot, it is notably smaller than both local and city-wide averages, which suggests a home suited for a minimalist lifestyle or those seeking lower maintenance. The assessed value is modest and sits around the average for the immediate area, but is well below the city-wide average, indicating a value-conscious location.
The property would suit first-time buyers, downsizers, or investors looking for a manageable footprint without a premium price tag. Its age (114 years) means potential buyers should be prepared for the charm and potential upkeep considerations of a century-old home. A thoughtful perspective is that this home offers a chance to live in a established neighbourhood without the footprint or property tax burden of a larger, modern house. It represents a practical, no-frills approach to homeownership.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 803 sqft, the living area is below average for Melrose Avenue, the broader Melrose area, and Winnipeg overall. It ranks in the top 73% on its street (meaning 73% of nearby homes are larger), indicating it is one of the more compact homes in this specific location.
2. What does the assessed value tell me about this property?
The assessed value of $25,200 is around the average for the immediate street and area, but ranks in the top 82% city-wide. This means its assessed value is lower than most homes in Winnipeg, which typically reflects its smaller size and older age rather than just location.
3. The home was built in 1912. What should I consider?
As a 114-year-old home, it likely possesses character but may require more attention to maintenance, updates, and energy efficiency compared to a newer build. Its systems, structure, and insulation should be key points for a professional inspection.
4. Is the lot size a positive or a limitation?
The 3,629 sqft lot is close to the average for the street and area, but below the city-wide average. It provides a decent outdoor space for a home of this size without being overly burdensome to maintain, striking a balance for those who want some yard but not extensive grounds.
5. Can I find out the exact historical sale price?
The listing indicates a sale occurred between 2021 for an estimated $250k–$300k. The exact sale price is not publicly displayed, but the page offers a service to request that precise historical data directly via email at no cost and with no marketing spam.