1007 Redwood Avenue

Burrows Central, ਵਿਨੀਪਿਗ

Property score

60.0

Fair

Overall 60.0 · Newer than most nearby homes

1,000 sqft (top 41%) · Built in 2018 (84 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

4% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

84 yrs newer than neighborhood avg.

Mother tongue

English · 52%Tagalog · 25%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

60.0 is composed by the two sections below.

Property Score

55.4Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ52
1,000 sqftFair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ97
2018Excellent
ਜ਼ਮੀਨ18
2,285 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

66.8Good
Household Income75
Good
Education Level22
Low
Housing Stress93
Excellent
Core Housing Need88
Excellent
Employment Health68
Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Burrows Central

How to read: Share of sales in each ~$50k price band for “burrows central” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110047

Community deep dive

$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

Population, labour & age

Population (2021)619
Labour force participation rate64%
Median age36.0
Avg household size2.9
Unemployment rate9%
Population density4761 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households26%
Couple families with children30%
Median household income (2020)$77K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)45%
Visible minority61%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 51%
Mother tongue (2nd)Tagalog · 24%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,000 sqft
0255075100
Same streetਟਾਪ 44%Same areaਟਾਪ 41%Citywideਹੇਠਲੇ 26%
Same street · Redwood Avenue
#230 / 518
ਟਾਪ 44% · ਔਸਤ 1,005 sqft
Same area · Burrows Central
#730 / 1,800
ਟਾਪ 41% · ਔਸਤ 962 sqft
Citywide · ਵਿਨੀਪਿਗ
#143,718 / 194,458
ਹੇਠਲੇ 26% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
300k
0255075100
Same streetਟਾਪ 8%Same areaਟਾਪ 5%Citywideਹੇਠਲੇ 29%
Same street · Redwood Avenue
#41 / 518
ਟਾਪ 8% · ਔਸਤ 174k
Same area · Burrows Central
#90 / 1,800
ਟਾਪ 5% · ਔਸਤ 188.7k
Citywide · ਵਿਨੀਪਿਗ
#137,607 / 194,458
ਹੇਠਲੇ 29% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2018
0255075100
Same streetਟਾਪ 4%Same areaਟਾਪ 2%Citywideਟਾਪ 4%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,285 sqft
0255075100
Same streetਹੇਠਲੇ 18%Same areaਹੇਠਲੇ 12%Citywideਹੇਠਲੇ 2%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

1007 Redwood Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 360 m).

Search radius
🌳Parks2

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

6/2019 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 13%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 16%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 25%

Related homes

ਵਿਨੀਪਿਗ 1007 Redwood Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 1007 Redwood Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 1007 Redwood Avenue presents a compelling mix of modern convenience within a well-established neighbourhood. Its standout feature is its age: built in 2018, it is a notably newer construction, ranking in the top 4% of homes on its street and top 2% within Burrows Central. This translates to less immediate concern for major system replacements and potentially higher energy efficiency compared to the area's predominantly century-old housing stock. The home includes a renovated basement, adding valuable finished living space to its 1,000 sqft main footprint, which is average for the immediate area.

The appeal lies in this balance. Buyers acquire a low-maintenance, modern home without sacrificing the character and maturity of a central Winnipeg neighbourhood. The lot size of 2,285 sqft is smaller than area averages, which can be a positive for those seeking easier yard upkeep. Its assessed value sits well above average for the street and neighbourhood, reflecting its relative newness and condition.

This property would ideally suit first-time homebuyers or downsizers looking for a move-in-ready home with modern amenities, who prioritize interior condition over a large yard. It also appeals to value-conscious buyers seeking a newer build without a suburban price tag, who are comfortable in a neighbourhood where most homes are of a different vintage.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish. A buyer should inquire about the quality of the renovation, whether it includes a proper bathroom or kitchenette, and if necessary permits were obtained.

2. There's no garage. What are the parking options?
The property has no garage. Prospective buyers should verify on-site parking, such as a dedicated driveway or pad, and review any street parking regulations with the city.

3. How does the assessed value compare to the likely asking price?
The home is assessed at $300k, but last sold for $260k in 2019. In a changing market, the assessment is not a direct indicator of list or sale price. It does, however, signal that the city views this property as well above average for its immediate location.

4. The lot is smaller than most in Winnipeg. Is that a drawback?
This depends on lifestyle. The smaller lot (ranked in the top 82% on its street, meaning 82% of lots are larger) requires less maintenance and may lower landscaping costs. It is a trade-off: you gain a newer home but with less outdoor space than typical for the city.

5. The home is much newer than its neighbours. Are there any implications?
A modern home in an older area can be a great find. However, it's wise to consider the long-term context. Future resale value will be influenced both by the home's condition and by the overall trajectory of the established neighbourhood, not just the home's age.