1012 Redwood Avenue

Burrows Central, ਵਿਨੀਪਿਗ

Property score

50.4

Fair

Overall 50.4 · Smaller but newer than most nearby homes

756 sqft (bottom 25%) · 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: 1 park nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

21% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

50.4 is composed by the two sections below.

Property Score

39.5Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ756 sqft22Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ2023100Excellent
ਜ਼ਮੀਨ2,531 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

66.8Good
Household Income75Good
Education Level22Low
Housing Stress93Excellent
Core Housing Need88Excellent
Employment Health68Good

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 ਤੋਂ ਹੇਠਾਂ
756 sqft
0255075100
Same streetਹੇਠਲੇ 23%Same areaਹੇਠਲੇ 25%Citywideਹੇਠਲੇ 7%
Same street · Redwood Avenue
#401 / 518
ਹੇਠਲੇ 23% · ਔਸਤ 1,005 sqft
Same area · Burrows Central
#1,358 / 1,800
ਹੇਠਲੇ 25% · ਔਸਤ 962 sqft
Citywide · ਵਿਨੀਪਿਗ
#181,628 / 194,458
ਹੇਠਲੇ 7% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
258k
0255075100
Same streetਟਾਪ 15%Same areaਟਾਪ 11%Citywideਹੇਠਲੇ 19%
Same street · Redwood Avenue
#76 / 518
ਟਾਪ 15% · ਔਸਤ 174k
Same area · Burrows Central
#203 / 1,800
ਟਾਪ 11% · ਔਸਤ 188.7k
Citywide · ਵਿਨੀਪਿਗ
#157,493 / 194,458
ਹੇਠਲੇ 19% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2023
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 1%Citywideਟਾਪ 1%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,531 sqft
0255075100
Same streetਹੇਠਲੇ 21%Same areaਹੇਠਲੇ 17%Citywideਹੇਠਲੇ 6%

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

1012 Redwood Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 369 m).

Search radius
🌳Parks1

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

5/2024 ਵਿਚ ਵਿਕਿਆCA$300k–350k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 3%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 4%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 42%

Related homes

ਵਿਨੀਪਿਗ 1012 Redwood Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 1012 Redwood Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, one-storey home built in 2023, offering a move-in-ready opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its combination of new construction and a renovated basement within a more affordable market segment. The home is compact, with 756 sqft of living space, making it efficient and low-maintenance.

The property stands out on its street and in its immediate area for being exceptionally new, ranking in the top 1% for year built. While the lot size (2,531 sqft) and living area are below the local averages, this translates to a manageable yard and home, potentially appealing to those seeking simplicity. The assessed value is notably above average for the neighbourhood, suggesting the updates and new build status are recognized.

This home would best suit first-time buyers, downsizers, or investors looking for a modern, worry-free property without extensive upkeep. It’s a practical choice for someone prioritizing newer systems and finishes over square footage, and who values being part of an established community rather than a new subdivision.

Section 2: Frequently Asked Questions

1. Is this a true single-family home?
Yes, it is a detached, one-storey single-family home. Its smaller scale and lot size offer a house-like feel with less maintenance than a larger, older property.

2. What does "renovated basement" imply?
The listing confirms a renovated basement, which adds valuable finished space. Given the modest main floor area, this basement likely provides crucial extra room for storage, utilities, or additional living space.

3. How does the sale price relate to the assessed value?
The home sold for $31,300k, which is higher than its $25,800k assessed value. This is common for newer or recently updated homes, as the sale price reflects the current market, while assessed value for taxation may lag behind.

4. What is the neighbourhood like?
Burrows Central is an established neighbourhood. The nearby comparison homes are much older (mostly built early 1900s), indicating this is a rare new infill property on a street of classic Winnipeg homes, offering a blend of modern living in a traditional setting.

5. There's no garage; is street parking manageable?
The property has no garage. Prospective buyers should observe parking availability on Redwood Avenue, as this will be the primary option. The close proximity of neighbouring homes (as shown in the nearby properties list) suggests a typical urban street parking scenario.

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