Property score
57.6
Fair
Overall 57.6 · Larger than most nearby homes
1,150 sqft (top 20%) · Built in 1926 (8 yrs older than avg)
Located in a high-income area with median household income of ~88k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Near average
8 yrs older than neighborhood avg.
Mother tongue
English · 47%Tagalog · 34%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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57.6 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: #46110166
$88K
Median household income
$87K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
25%
Single-person households
34%
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
1033 Redwood Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 290 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 12% | Top 14% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1033 Redwood Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1926, presents a solid opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in offering above-average space and value within its immediate context. With 1,150 sqft of living area, the home is notably more spacious than many neighbouring properties. It sits on a standard city lot of 3,425 sqft. A key feature is the renovated basement, adding functional living space, and the property includes a detached garage.
The home’s value is perspective-dependent. When compared just to its street and neighbourhood, it ranks above average in both living area and assessed value, suggesting it's a relatively substantial property for the area. However, citywide comparisons tell a different story, placing it below average in land size and year built. This dynamic makes it an ideal fit for buyers who prioritize getting more house for their money within a specific community, rather than competing in city-wide markets. It would suit a practical, value-conscious buyer—perhaps a first-time homeowner or an investor—who sees the advantage in a renovated, character home that stands out on its block. The recent sale in late 2023 indicates a fresh opportunity for the next owner.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes with the city.
2. How does the sale price relate to the assessed value?
The home sold for $26,500 in December 2023, which is significantly higher than its $220,000 assessed value. This large discrepancy strongly suggests the assessment value shown is not the municipal property assessment but likely a data error. Prospective buyers should consult the current municipal assessment for an accurate figure.
3. What is the significance of the "above average" rankings for the street?
These rankings indicate that, compared to other homes on Redwood Avenue, this property offers more living space and a higher value assessment. This can be a marker of a well-maintained or updated home in its micro-area.
4. What are the considerations with a home built in 1926?
While the basement has been renovated, a home of this age may have older building materials and systems. A thorough inspection is essential to understand the condition of the foundation, wiring, plumbing, and roof.
5. What is the neighbourhood like?
Located in Burrows Central, the area features homes of a similar vintage. The listing shows several nearby properties on the same block, indicating a mature, established streetscape. Buyers should visit at different times to gauge noise, traffic, and overall community feel.
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