Property score
49.3
Below average
Overall 49.3 · Newer than most nearby homes
882 sqft (bottom 38%) · Built in 2023 (93 yrs newer than avg)
Located in a above-average income area with median household income of ~62.8k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 3 shops, 3 parks, and 1 bank/ATM nearby
Living Area
Below average
14% smaller than neighborhood avg.
Year Built
Above average
93 yrs newer than neighborhood avg.
Mother tongue
English · 55%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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49.3 is composed by the two sections below.
Property Score
Community Score
Inkster-Faraday
How to read: Share of sales in each ~$50k price band for “inkster-faraday” (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: #46110922
$63K
Median household income
$79K
Average household income
17%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
27%
Single-person households
25%
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
619 Redwood Avenue — 16 amenities found within 500 m, across 6 categories, including 3 education (nearest 257 m), 3 shopping (nearest 203 m), 3 parks (nearest 277 m).
Inkster-Faraday · WPS public data · 2026
Annual incidents
61
2026
vs. city avg
+107%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 9% | Top 9% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
619 Redwood Avenue is a modern, recently built bi-level home in Winnipeg's Inkster-Faraday neighbourhood. Its standout feature is its age—built in 2023, it is among the newest homes available in the area. The home offers 882 sqft of living space with a renovated basement, sitting on a compact 2,282 sqft lot. It does not include a garage or pool. The property's assessed value is notably high for its immediate locale, ranking in the top 4-9% of its neighbourhood and street, which is unusual for a home of its relatively modest size.
Key Characteristics & Appeal
The primary appeal of this property is its modernity. As a 2023 build, it offers a move-in-ready condition with contemporary building standards, likely requiring minimal immediate maintenance or updates. This is a significant contrast to the area's average home, which dates back to the 1930s. The renovated basement adds functional living space.
Its appeal lies in offering a new, low-maintenance housing option in an established, typically older neighbourhood. It suits first-time buyers or downsizers who prioritize modern mechanics and finishes over square footage or yard size. The compact lot means less outdoor upkeep, which could be a plus for busy professionals or those seeking a simpler lifestyle. However, the high assessed value relative to nearby properties suggests it may be priced at a premium for its newness, rather than its size or land value. It’s a trade-off: you’re paying for condition and age in a market where those are rare commodities.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street?
The assessed value reflects the property's very recent construction (2023). It is valued as a modern asset with new systems, fixtures, and materials, unlike the much older homes that dominate the area.
2. What does the "renovated basement" include?
The listing specifies the basement is renovated, but the exact finishes and layout are not detailed here. A viewing or inquiry with the listing agent would be necessary to understand the full scope of the renovation.
3. Is the lack of a garage a significant drawback?
This depends on the buyer's needs. The property has no garage, which is common for many homes in the area. Buyers reliant on vehicle storage or workshop space would need to consider this, while others may find street or potential driveway parking sufficient.
4. How does the living space compare to a typical home?
At 882 sqft, the living area is slightly below the average for the Inkster-Faraday neighbourhood (~1,025 sqft) and is more compact compared to the Winnipeg city-wide average. The efficient use of space in a new build and the additional renovated basement area help offset the smaller main floor square footage.
5. Where can I find the exact historical sale price?
The exact sold price from its last transaction in April 2023 is not publicly displayed in this data. You can request the precise figure by emailing the source of this page, which provides that detail manually.
