Property score
55.5
Fair
Overall 55.5 · Compared with neighbourhood average
1,023 sqft (top 37%) · Built in 1942 (8 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 82.0 · 5-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Near average
8 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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55.5 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
1078 Redwood Avenue — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 440 m), 1 healthcare (nearest 499 m), 1 shopping (nearest 492 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 15% | Top 17% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1078 Redwood Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1942, presents a solid opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in a combination of generous land and a recently renovated basement. With a lot size of 4,881 sq ft, the property offers significantly more outdoor space than most in the immediate area, ranking in the top 8% on its street. This expansive lot provides ample room for gardening, recreation, or future expansion.
The home itself features a practical 1,023 sq ft of living space, which is typical for the locale, and includes a detached garage. A key updated feature is the renovated basement, adding modernized living or utility space. The home last sold in August 2021 for $250,000, a price that was above average for both the street and neighbourhood at the time, indicating a history of perceived value.
This property would suit a first-time homebuyer or practical investor looking for a home with a strong land-to-building ratio in a mature community. It’s ideal for someone who values private outdoor space over a large interior footprint and is comfortable with the maintenance and character of a home from the 1940s. The renovated basement adds immediate move-in appeal, reducing the need for initial upgrades.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permitted work, moisture control, and whether it includes a separate entrance or additional bedrooms.
2. How does the assessed value compare to the likely asking price?
The municipal assessed value is $23,400, which is very low. It's crucial to understand that this figure is for tax purposes and is not a market valuation. The 2021 sale price of $250,000 is a far more relevant indicator of its market value.
3. Is the large lot a potential advantage?
Yes, especially for the area. The lot is larger than approximately 92% of those on Redwood Avenue. This not only provides more private space but can also represent long-term value, as land is a finite resource. It could be a deciding factor for buyers comparing similar-sized homes.
4. What should I consider about the home's age?
Built in 1942, the home's core systems (like plumbing, electrical, and the roof) may be older or have been updated at various times. A thorough home inspection is essential to understand the condition and remaining lifespan of these major components, beyond the renovated basement.
5. How does the neighbourhood value look?
The data shows that in 2021, this home sold in the top 13% of prices for Burrows Central. This suggests it was considered a premium property within the neighbourhood at that time, which can be a positive indicator of its standing and the street's desirability.
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