Property score
44.8
Below average
Overall 44.8 · Smaller than most nearby homes
809 sqft (bottom 29%) · Built in 1928 (2 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
2 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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44.8 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
741 Redwood Avenue — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 325 m), 3 education (nearest 183 m), 2 healthcare (nearest 176 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 37% | Bottom 15% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 741 Redwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Redwood Avenue is a practical entry-point into Winnipeg’s Inkster-Faraday neighbourhood. Built in 1928, its key characteristic is affordability, with an assessed value significantly below the citywide average. The living space (809 sq ft) is compact and efficient, situated on a modest, manageable lot. The home features a detached garage and a basement that is present but not renovated, indicating potential for future customization.
Its appeal lies in its position as a straightforward, lower-cost option in the city. It suits first-time buyers or investors seeking a foothold in the market with minimal upfront investment. The property may also appeal to those who value a simpler, more manageable footprint without the upkeep of a larger home or yard. A less obvious perspective is that its below-average size and value for the area could represent a relative bargain for a handy person, allowing equity to be built through gradual, thoughtful improvements rather than through premium location alone.
Section 2: Frequently Asked Questions
1. What is the actual recent sale price?
The available public data indicates a sale occurred in April 2019 for an estimated range. For the precise sale price, you can request the exact history via email from the listing source.
2. How does this home compare to others on the street and in the area?
The home’s living area and lot size are below the average for Redwood Avenue and the wider Inkster-Faraday neighbourhood. However, its assessed value is closer to the street average, suggesting it is priced in line with its immediate locale despite its smaller footprint.
3. Is the basement finished?
No, the basement is noted as “not renovated.” Buyers should budget for any desired finishing or improvements.
4. What type of maintenance should be expected for a home of this age?
Built in 1928, the home is nearly a century old. Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, roofing, plumbing, and electrical systems, which may require updates or repairs.
5. How does the detached garage factor into the property's value?
The detached garage provides valuable storage or workshop space, a practical asset especially given the home’s smaller living area. Its condition and utility should be considered during a viewing.
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