Property Overview

This 2019-built bi-level home at 1111 Redwood Avenue presents a distinctly modern offering within Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its rarity as a nearly new construction in an area predominantly characterized by much older homes. The house features a renovated basement and sits on a standard-sized lot for the local area.

Key Characteristics & Ideal Buyer

The standout feature is the home's age. Built in 2019, it ranks in the top 3-4% of homes for year built across its street, neighbourhood, and the entire city. This translates to modern building standards, newer major systems, and minimal immediate repair needs—a significant contrast to the area's average home built nearly a century ago. The living space (913 sq ft) is comfortably average for the immediate vicinity, though more compact compared to the Winnipeg average. The assessed value is notably above average for Burrows Central, reflecting its newer condition.

This property would suit a pragmatic, value-conscious buyer seeking a modern, low-maintenance home without venturing into newer suburban developments. It’s ideal for a first-time homebuyer or an investor looking for a newer asset with potentially lower upkeep costs. The appeal is less about grandeur and more about receiving a turn-key, contemporary property in an established community. A thoughtful perspective is that this home offers a way to access the character and maturity of an older neighbourhood while bypassing the common headaches and renovation projects associated with its peers.

Frequently Asked Questions

Q: The assessed value seems high for the area. Why is that?
A: The assessed value is in the top 4% for Burrows Central, which is directly attributable to the home's very recent construction year (2019). Assessors value newer properties with modern amenities and systems more highly than the neighbourhood's typically much older housing stock.

Q: Is the living space sufficient for a family?
A: At 913 sq ft, the living area is typical for the local area but below the citywide average. The bi-level layout and renovated basement likely provide functional separation of space. It would suit a small family or those who prioritize newer construction over square footage.

Q: What does "around average" for land size mean here?
A: The lot is approximately 3,426 sq ft, which is very standard for both Redwood Avenue and Burrows Central. It provides a typical urban yard space. It's important to note that lot sizes in this core neighbourhood are significantly smaller than the Winnipeg average.

Q: There's no garage. Is street parking readily available?
A: The listing notes no garage. As a standard city lot on a residential avenue, the property likely has driveway space for at least one vehicle, with additional street parking subject to local regulations.

Q: How does the 2019 sale price relate to the current assessed value?
A: The home sold for $27,600 in 2019, likely as a new build. The current assessed value of $30,600 reflects a modest increase over that original price, accounting for standard market adjustments and the home's established status.