Property score
40.5
Below average
Overall 40.5 · Smaller and older than most nearby homes
708 sqft (bottom 17%) · Built in 1912 (22 yrs older than avg)
Located in a above-average income area with median household income of ~76.5k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 46%Tagalog · 28%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
40.5 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: #46110048
$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
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
882 Redwood Avenue — 8 amenities found within 500 m, across 6 categories, including 2 dining (nearest 390 m), 1 education (nearest 374 m), 2 healthcare (nearest 273 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 | Bottom 33% | Bottom 16% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 4% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 882 Redwood Avenue
Section 1: Key Characteristics & Appeal
This is a modest, century-old (1912) one-storey home in Winnipeg's Burrows Central neighbourhood. Its key characteristic is its land: at 3,306 sqft, the lot is average for the local area but represents a significant value proposition city-wide, where lots are typically much larger and more expensive. The living space is compact at 708 sqft, and the home has an unrenovated basement and no garage.
The primary appeal lies in its affordability and potential. With a very low assessed value and recent sale price, it presents a clear entry point into homeownership. It suits a specific type of buyer: a hands-on first-time buyer, an investor, or someone looking for a land-value play. This buyer must be comfortable with a project, as the home itself requires updating and offers minimal finished space. A less obvious perspective is that its older age, while requiring attention, often comes with solid construction and mature trees on the lot—a charm not found in newer, dense subdivisions. It’s not for someone seeking move-in readiness, but rather for a pragmatic buyer who sees the underlying asset.
Section 2: Frequently Asked Questions
1. Is this a teardown property?
Not necessarily. While the living area is small and the home is older, the data shows nearby, similarly aged homes with comparable values are still standing and occupied. It may be more suited to a gradual renovation than a complete rebuild, depending on its condition and the buyer's goals.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's current state, small living area, and its location within a neighbourhood where property values are generally below the Winnipeg average. It highlights the significant price disparity between different areas of the city.
3. What are the main considerations for renovating a home from 1912?
Key focuses would be updating foundational systems like wiring and plumbing, assessing the structure and basement for moisture, and improving insulation. While this requires investment, it allows a buyer to customize the space to modern standards over time.
4. How does the lot size compare meaningfully?
While average for Burrows Central, this lot is significantly smaller than the typical Winnipeg lot (which averages 6,570 sqft). This means outdoor space is more limited, but property taxes and maintenance (like lawn care) are also likely lower than on a standard city lot.
5. Who is this property not suited for?
It is not suited for families needing ample finished space immediately, individuals unwilling to undertake renovations, or buyers who prioritize modern amenities and low-maintenance living. It is a project-oriented investment in a specific location.
