Property score
57.3
Fair
Overall 57.3 · Newer than most nearby homes
956 sqft (top 48%) · Built in 2020 (86 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
86 yrs newer than neighborhood avg.
Mother tongue
English · 52%Tagalog · 25%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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57.3 is composed by the two sections below.
Property Score
Community Score
Burrows Central
How to read: Share of sales in each ~$50k price band for “burrows central” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110047
$77K
Median household income
$78K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
Single-person households
30%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1002 Redwood Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 397 m).
Burrows Central · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
46%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 7% | Top 10% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1002 Redwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 1002 Redwood Avenue in Burrows Central presents a compelling mix of modern foundation and practical potential. Its most standout feature is its age: built in 2020, it is a notably newer construction compared to most homes in the area, which typically date back to the early 1900s. This suggests modern building standards, newer major systems (like plumbing and electrical), and potentially lower immediate maintenance costs.
The house sits on a modest, manageable lot and offers 956 sqft of living space, which is average for the immediate neighbourhood. It includes a basement (not renovated) and a detached garage. The appeal here is rooted in its efficiency and opportunity. It suits first-time buyers or practical investors looking for a solid, newer structure without the premium price of a brand-new build in a more central area. It’s also a sensible choice for those who prefer a smaller yard to maintain. A thoughtful perspective is that this property offers a "blanker slate" than its century-old neighbours; while it lacks character from renovations, it also avoids the hidden issues and outdated layouts common in older homes, allowing the buyer to customize without first undoing someone else’s work.
Section 2: Frequently Asked Questions
1. Why is the assessed value relatively high for the area?
The assessed value is significantly higher than many neighbouring homes primarily due to the property's very recent build year (2020). Assessors value newer construction and modern components more highly than older ones, even if the home's size or lot is modest.
2. What does "basement, not renovated" imply?
This indicates the lower level is unfinished or in a basic, utilitarian state. It presents an opportunity for future expansion or customization (like creating a rec room or suite) but will require investment to become finished living space.
3. How does the lot size impact this property?
At 2,532 sqft, the lot is smaller than many in Winnipeg but is quite typical for this specific neighbourhood. This is an advantage for buyers seeking lower outdoor maintenance, but it may limit options for large additions, pools, or extensive landscaping.
4. The home sold for $28.5k in 2020. What does that price indicate?
That sale price reflects the initial purchase of the newly built home, likely from a developer or builder. It is not comparable to the resale value of an established home and should not be used as a benchmark for its current market value.
5. Who would this property not suit?
It may not suit buyers looking for a move-in-ready home with a finished basement or extensive upgrades. Additionally, those seeking a large lot, mature trees, or the established character of an older home might find this property too basic or modern for their tastes.
