Property score
43.1
Below average
Overall 43.1 · Smaller but newer than most nearby homes
770 sqft (bottom 23%) · Built in 1953 (23 yrs newer 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 2 shops nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
25% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Above average
23 yrs newer 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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43.1 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
765 Redwood Avenue — 13 amenities found within 500 m, across 7 categories, including 2 dining (nearest 301 m), 3 education (nearest 175 m), 2 healthcare (nearest 142 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 42% | ਹੇਠਲੇ 19% | ਹੇਠਲੇ 3% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview: 765 Redwood Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home on Redwood Avenue in the Inkster-Faraday neighbourhood presents a straightforward, entry-level opportunity. Built in 1953, it is notably newer than most homes in the immediate area, which may offer some advantages in terms of foundational materials and layout over its century-old neighbours. The house is compact, with 770 sqft of living space and a modest 2,284 sqft lot, placing it below average in size both locally and city-wide. It features a basement (unrenovated) and has no garage or pool.
Its primary appeal lies in its affordability and position as a potential starter home or investment property. With an assessed value significantly below the Winnipeg average, it represents a low-barrier entry point into the market. The home would suit a pragmatic first-time buyer comfortable with a smaller footprint, or an investor looking for a rental property with relatively low carrying costs. A less obvious perspective is that its smaller lot and newer vintage (for the area) could mean proportionally less maintenance and fewer heritage-related surprises compared to nearby properties, allowing owners to focus resources on interior updates.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $15,400 is for municipal tax purposes. The actual market value and eventual sale price are determined by current market conditions, the property's state, and buyer demand.
2. What does "below average" for living area mean in practical terms?
At 770 sqft, the home's living space is smaller than most in Winnipeg. This indicates a cozy layout, typically with 1-2 bedrooms, suited for individuals, couples, or small families who prioritize efficient living over ample space.
3. The home is noted as being newer than others in Inkster-Faraday. Why is that significant?
Many homes in this area were built in the early 1900s. A 1953 build may feature more modern construction techniques, electrical wiring, and plumbing standards, potentially reducing the immediate need for major system upgrades common in century-old homes.
4. What are the implications of having an unrenovated basement?
This means the basement is in its original, functional state but not modernized. It offers utility space and storage potential but would require investment to become a finished living area. Buyers should budget for any necessary moisture control or foundational repairs.
5. How does the lack of a garage affect property value and use?
The absence of a garage is common for homes of this era and in this price segment. It keeps the purchase price lower but means parking is limited to street or driveway (if one exists). Buyers should consider vehicle security and winter convenience in their decision.
