61.5
Fair
Property score
61.5
Fair
Overall 61.5
Larger and newer than most nearby homes
1,118 sqft (top 23%)
Built in 1950 (16 yrs newer than avg)
Located in a above-average income area
with median household income of ~86k
Transit 92.0
3-min walk to transit with 6 nearby routes
Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 40%Tagalog · 34%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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61.5 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: #46110167
$86K
Median household income
$84K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
17%
Single-person households
46%
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
1152 Redwood Avenue — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 362 m), 1 education (nearest 317 m), 2 healthcare (nearest 349 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 3% | Top 4% | Bottom 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 34% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1152 Redwood Avenue
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, presents a solid opportunity on a generous 4,264 sqft lot in Burrows Central. Its key appeal lies in its strong positional value within its immediate context. The property consistently ranks above average for the street and neighbourhood in critical metrics: it sits on a larger-than-typical lot, has more living space (1,118 sqft) than many nearby homes, and has a newer build year relative to its local peers. The detached garage and existing basement (noted as unrenovated) add functional potential.
The home’s value is primarily grounded in its land and location rather than high-end finishes. It suits practical buyers looking for a foothold in a mature neighbourhood—perhaps a first-time homeowner comfortable with a property that may require updates, or an investor attracted by the lot size and the clear, steady appreciation evidenced by its sale price history (from $210k in 2022 to $310k in 2023). A less obvious perspective is that its above-average rankings on the street and in the area, yet average-to-below-average standing city-wide, highlight a property that is a strong performer in its specific market segment, offering relative value without the premium of a city-top location.
Section 2: Frequently Asked Questions
1. What does "above average for the street/neighbourhood" actually mean for this home?
It means that compared to similar properties on Redwood Avenue and in Burrows Central, this home has a larger lot, more living space, and a newer construction year than most. This suggests a better-than-typical foundation and potential for the area.
2. The assessed value is listed at $26.60k, but it sold for $310k. Why is there such a large difference?
Municipal assessed value for tax purposes is often significantly lower than current market value. The sale price from 2023 ($310k) is the true indicator of its recent market worth.
3. Is the basement finished or usable?
The listing states "Yes, not renovated," indicating the basement exists but is in original or unfinished condition. It offers space for storage or future development but is not a modern living area.
4. How has the property's value changed over time?
The data shows a notable increase in sale price, from $210,000 in April 2022 to $310,000 in June 2023. This indicates strong appreciation over that 14-month period.
5. What are the main considerations for a buyer?
The appeal is the lot size, solid living space, and detached garage in a mature neighbourhood. Buyers should budget for potential updates, as the basement is unrenovated and the home is over 70 years old, focusing on the property's underlying value and potential rather than move-in-ready condition.
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