Property score
49.8
Below average
Overall 49.8 · Smaller but newer than most nearby homes
792 sqft (bottom 29%) · Built in 1948 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~86k
Transit 92.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Above average
14 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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49.8 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
1162 Redwood Avenue — 9 amenities found within 500 m, across 7 categories, including 2 dining (nearest 366 m), 1 education (nearest 278 m), 2 healthcare (nearest 332 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% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 19% | Top 21% | Bottom 19% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 33% | Top 47% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1162 Redwood Avenue
Key Characteristics, Appeal & Ideal Buyer
This one-storey home on Redwood Avenue is defined by a significant contrast: it sits on a large, desirable lot within a modestly sized house. The land area of 5,646 sq ft is notably spacious, placing it in the top 5% of lots in the Burrows Central neighbourhood and the top 2% on its own street. This presents a substantial opportunity for expansion, gardening, or outdoor living that is rare for the area. The house itself, built in 1948, is older but newer than many immediate comparables. Its living space of 792 sq ft is compact, indicating a home suited for essential living rather than spaciousness.
The core appeal lies in this land-to-building ratio. It’s a property for those who see potential in the land itself—whether for future renovation, adding an addition, or simply valuing a large private yard in a city setting. The recent sale history shows a significant increase in value from 2022 to 2024, suggesting growing interest or recognition of its underlying value. It would suit a practical first-time buyer comfortable with a smaller footprint, an investor looking for a property with land-value upside, or a homeowner with long-term plans to customize and expand. Its assessed value remains relatively low, which could be a point of interest for buyers mindful of property taxes.
Frequently Asked Questions
1. Is the house in move-in condition?
Based on the limited details, the home is livable but modest. Its below-average living area and age suggest it is a functional starter home that may benefit from updates or personalization over time.
2. Why is the lot size so important here?
The lot is the standout feature. In its neighbourhood and on its street, this property's land area is in the elite top 2-5%. This extra space is a valuable asset for privacy, recreation, or future development, offering possibilities the house itself does not.
3. How does the assessed value compare to the recent sale price?
The 2024 assessed value is significantly lower than the recent $250k sale price. This is not uncommon, as assessed values for tax purposes often lag behind fast-moving market prices. Buyers should rely on recent sales, not assessments, for market value.
4. What does the sale history tell us?
The price increased sharply from $19.1k in early 2022 to $250k in mid-2024. This likely reflects a major change, such as a renovation, a change in property type (e.g., from a vacant lot to a built home), or a rapid market shift. Clarifying what was sold in each transaction is essential.
5. Who are the most likely buyers for this property?
This property is best suited for value-oriented buyers who prioritize land over square footage. This includes renovators looking for a "blank canvas," investors attracted by the lot's premium status, or buyers who want an affordable entry into the neighbourhood with room to grow outdoors.
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