Property score
45.7
Below average
Overall 45.7 · Older than most nearby homes
1,084 sqft (top 41%) · Built in 1910 (20 yrs older than avg)
Located in a above-average income area with median household income of ~62.8k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 healthcare facilitys, 3 shops, and 3 parks nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Below average
20 yrs older 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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45.7 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
637 Redwood Avenue — 18 amenities found within 500 m, across 7 categories, including 3 education (nearest 254 m), 2 healthcare (nearest 472 m), 3 shopping (nearest 213 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 | Bottom 31% | Bottom 11% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 637 Redwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1910, presents a practical and affordable entry point into Winnipeg’s Inkster-Faraday neighbourhood. With 1,084 square feet of living space, it sits around the average size for the local area, offering a manageable footprint. A key updated feature is its renovated basement, which adds functional living or storage space. The lot is modest at 2,283 square feet, implying lower maintenance and a more community-oriented streetscape compared to larger suburban plots.
The primary appeal lies in its value and simplicity. Its assessed value is significantly below both neighbourhood and city averages, indicating a potentially lower property tax burden and an accessible price point. This isn’t a luxury property, but a straightforward home. It would suit first-time buyers seeking a no-frills starter home, practical investors looking for a rental property with a renovated basement suite potential, or downsizers who prioritize affordability and a modest yard. A thoughtful perspective is that a home of this age and value offers the freedom to personalize over time without the pressure of high upfront costs or the need to preserve high-end finishes.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is notably lower than area averages. This typically translates to lower municipal property taxes, which is a significant ongoing cost saving. It also strongly suggests the home is priced well below the median for Winnipeg.
2. Is the small lot size a disadvantage?
It depends on your priorities. While it limits expansive gardening or private outdoor space, it means less time and money spent on yard maintenance. It also often fosters a closer, more neighbourhood-oriented feel on the street.
3. The home was built in 1910. What should I consider?
While the basement has been renovated, the core structure is over a century old. A thorough inspection is essential to understand the condition of foundational elements, the roof, wiring, and plumbing. Budgeting for ongoing maintenance and updates is a prudent expectation.
4. How does the living space compare to a modern home?
At just over 1,000 sq ft, the living area is compact by today’s standards. The one-and-a-half storey layout may feature smaller, cozier rooms. This promotes a simpler, less cluttered lifestyle but requires efficient use of space.
5. The "sold price history" shows a range. How can I get the exact figure?
The listing service provides an estimated sold price range from public data. To obtain the precise sale price from its last transaction, you must request it directly from them via email, as they manually verify and disclose that information.
