Property score
67.2
Good
Overall 67.2 · Larger and newer than most nearby homes
1,356 sqft (top 7%) · Built in 2023 (89 yrs newer than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
41% larger than neighborhood avg.
Year Built
Above average
89 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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67.2 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
1003 Redwood Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 375 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 1% | Top 1% | Top 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1003 Redwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Redwood Avenue in Burrows Central presents a compelling mix of modern convenience within a mature neighbourhood. Its standout feature is its age: built in 2023, it is a brand-new construction, ranking in the top 1% of homes for year built on its street, in the area, and citywide. This means it offers move-in-ready condition with contemporary building standards, a rare find in this setting.
The home offers 1,356 sqft of living space, which is above average for both the street and the Burrows Central area. It includes a renovated basement, adding to its functional space. Notably, the property sits on a 2,285 sqft lot, which is below average in size for Winnipeg but typical for the local area.
The appeal lies in acquiring a new, low-maintenance home without the premium often associated with newer subdivisions. It suits first-time buyers seeking a modern, worry-free property, or investors looking for a newer build with strong rental potential. The data suggests it has already demonstrated solid value appreciation, having sold for well above local averages in 2023. It’s ideal for those who prioritize a modern interior over a large yard.
Section 2: Frequently Asked Questions
1. Is the below-average lot size a major drawback?
Not necessarily. While the yard is smaller than the Winnipeg average, it is typical for the central Burrows area. This can mean less exterior maintenance, which pairs well with the new home's low internal upkeep.
2. What does the "Elite" ranking for Assessed Value mean?
This indicates the home's assessed value is in the top 1% compared to its immediate neighbours on Redwood Avenue. It reflects that this newer construction is valued significantly higher than the much older homes that surround it, which is a common pattern.
3. There's no garage. Is street parking difficult?
The listing notes no garage. Prospective buyers should visit at different times to assess on-street parking availability firsthand, as this can vary greatly in established neighbourhoods.
4. The home sold very recently in 2023. Why is it back on the market?
This is a key question for your real estate agent to investigate. While it could be due to many neutral reasons (relocation, change in circumstance), understanding the brief ownership history is always prudent.
5. How does living in a new home among older ones affect resale?
It can be a double-edged sword. The home will likely always stand out as a premium, modern property on the block, which attracts a specific buyer. However, its future value may be less influenced by the older neighbouring homes and more by general market trends and its own condition.
