874 Redwood Avenue

Burrows Central, Winnipeg

Property score

61.4

Fair

Overall 61.4 · Larger and newer than most nearby homes

1,287 sqft (top 10%) · Built in 1968 (34 yrs newer than avg)

Located in a above-average income area with median household income of ~76.5k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby

Living Area

Above average

34% larger than neighborhood avg.

Year Built

Above average

34 yrs newer than neighborhood avg.

Mother tongue

English · 46%Tagalog · 28%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

61.4 is composed by the two sections below.

Property Score

59.0Fair
Living Area66
1,287 sqftGood
Year Built52
1968Fair
Lot Size46
3,946 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

65.0Good
Household Income75
Good
Education Level54
Fair
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health52
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110048

Community deep dive

$77K

Median household income

$68K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

30%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)467
Labour force participation rate60%
Median age36.4
Avg household size2.8
Unemployment rate10%
Population density6671 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households30%
Couple families with children30%
Median household income (2020)$77K

Housing

Renter households36%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority60%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 45%
Mother tongue (2nd)Tagalog · 27%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,287 sqft
0255075100
Same streetTop 15%Same areaTop 10%CitywideTop 43%
Same street · Redwood Avenue
#79 / 518
Top 15% · Avg 1,005 sqft
Same area · Burrows Central
#185 / 1,800
Top 10% · Avg 962 sqft
Citywide · Winnipeg
#82,659 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

Elite
306k
0255075100
Same streetTop 7%Same areaTop 4%CitywideBottom 31%
Same street · Redwood Avenue
#34 / 518
Top 7% · Avg 174k
Same area · Burrows Central
#72 / 1,800
Top 4% · Avg 188.7k
Citywide · Winnipeg
#134,217 / 194,458
Bottom 31% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetTop 15%Same areaTop 9%CitywideTop 50%

Lot Size

above average
3,946 sqft
0255075100
Same streetTop 28%Same areaTop 21%CitywideBottom 25%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

874 Redwood Avenue — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 362 m), 1 education (nearest 344 m), 2 healthcare (nearest 240 m).

Search radius
🍽️Dining2
🏫Education1
🏥Healthcare2
🛒Shopping1
🌳Parks1
Worship1

Crime & Safety

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%

Sales History

Sold 6/2020CA$250k–300k
Sold price

Same street

Top 14%

Same area

Top 17%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 874 Redwood Avenue, Winnipeg

Property Overview & Key Characteristics

This one-storey home at 874 Redwood Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1968, it is notably newer than most homes on its street and in the immediate area, which typically date back to the early 1900s. This suggests potentially fewer concerns with aging infrastructure common in century-old properties.

The home's primary appeal lies in its above-average proportions and recent updates. With 1,287 sqft of living space and a renovated basement, it offers more room than many comparable local homes. The lot size of nearly 4,000 sqft is also generous for the neighbourhood, providing valuable outdoor space. A key, less obvious point is its assessed value, which ranks in the top 4% for Burrows Central. This indicates that official valuations recognize a combination of its lot size, living space, and condition as superior to the vast majority of area properties.

This property would suit a first-time buyer or an investor looking for a solid, move-in-ready home with modernized basics in a mature neighbourhood. It’s also a strong fit for someone who values more interior space and a newer build date over being in a newer suburban subdivision.


Frequently Asked Questions

1. How does the 1968 build date compare to nearby homes?
This home is significantly newer than most in the area. Comparable homes on Redwood Avenue average a build year of 1934, making this property over three decades newer, which can be an advantage for major systems like wiring and plumbing.

2. The assessed value seems high for the area. What does that mean?
The assessed value ranks in the top 4% for Burrows Central. This typically reflects a combination of the home's larger lot, above-average living area, and the renovated condition compared to neighbourhood norms, as recognized for municipal tax purposes.

3. Is the living space efficient for a one-storey layout?
At 1,287 sqft, the living area is about 25% larger than the neighbourhood average. This suggests a more spacious floor plan than typical bungalows in the area, further enhanced by the renovated basement.

4. What does the land size offer?
The 3,946 sqft lot is in the top 21% for the neighbourhood. This provides a larger-than-average yard for outdoor activities, gardening, or future additions like a shed or deck, which is a premium in established communities.

5. How does the last sale price relate to the assessed value?
The home sold for $25,200 in June 2020, which was below its current assessed value of $30,600. This is not uncommon, as assessed values for tax purposes and market sale prices can differ based on market conditions at the time of sale and specific property updates.