Property score
46.4
Below average
Overall 46.4 · Compared with neighbourhood average
1,092 sqft (top 40%) · Built in 1914 (16 yrs older than avg)
Located in a above-average income area with median household income of ~62.8k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 2 healthcare facilitys, and 4 shops nearby
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Near average
16 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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46.4 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
685 Redwood Avenue — 19 amenities found within 500 m, across 8 categories, including 1 dining (nearest 434 m), 3 education (nearest 274 m), 2 healthcare (nearest 315 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 28% | Top 45% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-and-a-half storey home on Redwood Avenue is a practical and character-filled property built in 1914. Its key appeal lies in its balance of historic charm and modern functionality, featuring a renovated basement and a detached garage. With 1,092 square feet of living space, it sits comfortably above the average for both its immediate street and the broader Inkster-Faraday neighbourhood.
The home’s assessed value is strong for the area, ranking in the top 25% on its street, which suggests it is well-maintained or has features valued above many direct comparables. A thoughtful perspective is that while the lot size is smaller than typical, this can translate to lower maintenance and a more manageable outdoor space—a potential benefit for certain lifestyles. The property would suit first-time buyers looking for a move-in-ready home with character, or practical investors seeking a solid, updated property in a central Winnipeg neighbourhood without the upkeep of a large yard.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is below average, it offers a low-maintenance yard. It’s worth considering how this affects outdoor privacy, gardening potential, or expansion plans versus the benefit of less time and cost spent on upkeep.
2. The assessed value seems high for the neighbourhood. Why?
The assessment ranks well above the street average. This typically reflects recent renovations (like the updated basement), superior condition, or desirable features not captured in basic metrics. It’s a positive indicator of the home’s relative standing on the block.
3. What are the implications of a home built in 1914?
You gain classic architectural character, but it’s wise to inquire about the age and condition of major systems (like plumbing, electrical, and the roof) despite the renovated basement. Properly maintained heritage homes can be very sound.
4. Is the detached garage a significant advantage?
Yes. It provides secure storage or workshop space separate from the house, a valuable asset in older neighbourhoods where on-site parking or additional storage can be limited.
5. How does this home fit within the local market context?
The data shows it’s a competitively sized home for the area, with a value that outperforms many nearby properties. It represents a middle-ground option: more space and a higher assessment than many neighbouring homes, but on a more compact lot.
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