Property score
65.2
Good
Overall 65.2 · Larger and newer than most nearby homes
1,198 sqft (top 16%) · Built in 2017 (83 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 82.0 · 6-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, and 1 park nearby
Living Area
Above average
24% larger than neighborhood avg.
Year Built
Above average
83 yrs newer than neighborhood avg.
Mother tongue
English · 54%Tagalog · 32%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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65.2 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: #46110168
$74K
Median household income
$80K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
24%
Single-person households
26%
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
1062 Redwood Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 474 m), 1 parks (nearest 236 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 10% | Top 12% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 1062 Redwood Avenue presents a compelling mix of modern build and established neighbourhood character. Built in 2017, it is a notably newer construction compared to most homes on its street and in the wider Burrows Central area. With 1,198 sqft of living space, it offers more room than many local comparables. The property sits on a standard city lot and features a detached garage and an unrenovated basement. Its appeal lies in being a turn-key, low-maintenance home in a community of predominantly older houses, offering modern systems and efficiency without the premium often attached to brand-new subdivisions.
It would suit first-time buyers or small families looking for a move-in-ready home without the unpredictability of an older property. It’s also a practical choice for value-conscious buyers who want newer construction but prefer the mature trees and settled feel of an established neighbourhood over a sprawling new development.
Key Details & FAQs
Key Characteristics:
Five Possible FAQs:
1. What does it mean that the home is "new" for this area?
The home was built in 2017, placing it in the top 5% of newest homes on the street and in the neighbourhood, where the average build year is around 1934. This suggests newer roofing, wiring, plumbing, and windows, which can mean lower immediate maintenance costs and better energy efficiency.
2. Is the assessed value a good indicator of the likely sale price?
The municipal assessed value is $30.5k, which is used for property tax calculation and is not a market appraisal. The home last sold for $270k in 2017. Market value will depend on current conditions, the home's interior condition, and recent comparable sales.
3. Who would this home not be a good fit for?
It may not suit buyers looking for a large, expansive lot, as the property is around the average size for the street. Those wanting a fully finished basement or an in-ground pool would also need to factor in the cost of renovations or additions.
4. How does the living space compare practically?
At 1,198 sqft, the home offers more space than many in Burrows Central (average ~962 sqft). This typically allows for better-defined rooms or more storage compared to smaller bungalows common in the area, but it is slightly below the city-wide average for a two-storey.
5. What is the potential of the basement?
The listing notes the basement exists but is "not renovated." This presents both a blank canvas for future customization (like a rec room or extra bedroom) and a project that will require investment. A professional inspection is recommended to clarify its current condition and any necessary foundational or moisture-proofing work.
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