701 Redwood Avenue

Inkster-Faraday, Winnipeg

Property score

39.7

Below average

Overall 39.7 · Compared with neighbourhood average

888 sqft (bottom 39%) · Built in 1928 (2 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 3 shops nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 55%Tagalog · 26%

Past 10 years Inkster-Faraday sales snapshot (~80% of all data)

Sold Count

538

Median price

247.5k

$/sqft

$193/sqft

Avg build year

1930

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Property score

39.7 is composed by the two sections below.

Property Score

28.0Low
Living Area888 sqft32Low
Year Built192820Low
Lot Size2,283 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

57.2Fair
Household Income66Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need63Fair
Employment Health52Fair

Neighbourhood Sales

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.

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: #46110922

Community deep dive

$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

Population, labour & age

Population (2021)603
Labour force participation rate63%
Median age36.0
Avg household size2.8
Unemployment rate14%
Population density8614 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households27%
Couple families with children25%
Median household income (2020)$63K

Housing

Renter households43%
Condominium dwellings0%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)37%
Visible minority56%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 26%

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

Rankings

Living Area

around average
888 sqft
0255075100
Same streetBottom 40%Same areaBottom 39%CitywideBottom 15%
Same street · Redwood Avenue
#310 / 518
Bottom 40% · Avg 1,005 sqft
Same area · Inkster-Faraday
#884 / 1,442
Bottom 39% · Avg 1,025 sqft
Citywide · Winnipeg
#164,511 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

around average
140k
0255075100
Same streetBottom 41%Same areaBottom 14%CitywideBottom 2%
Same street · Redwood Avenue
#308 / 518
Bottom 41% · Avg 174k
Same area · Inkster-Faraday
#1,240 / 1,442
Bottom 14% · Avg 197.6k
Citywide · Winnipeg
#189,943 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetTop 38%Same areaTop 47%CitywideBottom 17%

Lot Size

below average
2,283 sqft
0255075100
Same streetBottom 14%Same areaBottom 10%CitywideBottom 2%

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

701 Redwood Avenue — 17 amenities found within 500 m, across 8 categories, including 1 dining (nearest 393 m), 3 education (nearest 236 m), 2 healthcare (nearest 265 m).

Search radius
🍽️Dining1
🏫Education3
🏥Healthcare2
🛒Shopping3
🌳Parks3
🏦Finance1
Worship3
🏛️Government1

Crime & Safety

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%

Sales History

701 Redwood Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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