Property score
40.0
Below average
Overall 40.0 · Smaller and older than most nearby homes
740 sqft (bottom 19%) · Built in 1907 (23 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 56%Tagalog · 28%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
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40.0 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: #46110921
$74K
Median household income
$84K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
28%
Single-person households
34%
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
735 Redwood Avenue — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 339 m), 3 education (nearest 191 m), 2 healthcare (nearest 195 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 36% | Bottom 15% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 735 Redwood Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1907 on a modest 2,284 sqft lot in the Inkster-Faraday neighbourhood. With 740 sqft of living space and an unfinished basement, it presents a straightforward, no-frills opportunity. Its assessed value is notably low, even compared to its immediate area, which is reflected in its historical sale prices.
The primary appeal lies in its position as an accessible entry point into the housing market. It suits a very specific buyer: someone seeking the lowest possible price point to gain ownership, such as a first-time buyer comfortable with a major renovation project, an investor looking for a bare-bones rental property, or someone interested in land value over the existing structure. Its older age and smaller size mean utility and maintenance costs are likely lower than average, which is a practical, less obvious advantage. However, the data clearly shows it ranks below average in size, lot dimensions, and age compared to most homes in the city, so it is not a move-in-ready or spacious property.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
Assessed value is based on the property's characteristics and local market conditions. This home's smaller size, older age, and modest lot size place its value significantly below the Winnipeg average, which includes newer and larger homes in different neighbourhoods.
2. What does "below average" in the rankings mean for a buyer?
For metrics like living area and year built, it means this property is physically smaller and older than most comparable homes in its grouping. This typically translates to a lower price but may also indicate a greater need for updates or repairs.
3. Is the unfinished basement a drawback?
It depends on your goals. It offers storage and potential for future development, adding value. However, it is not finished living space, which contributes to the home's lower square footage and price point.
4. The home sold in 2020 and 2019. What does that price history suggest?
The sold price ranges indicate a property that has traded at a very low price point historically. This consistency suggests the market views it as a value-play or project property, not one that has been recently renovated or upgraded.
5. Who would this property not be suitable for?
It would not suit buyers looking for a turn-key home, modern amenities, ample indoor space, or a large yard. It is also likely not ideal for those unwilling to take on renovation work or maintenance associated with a 119-year-old house.
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