Property score
39.7
Below average
Overall 39.7 · Smaller but newer than most nearby homes
838 sqft (bottom 16%) · Built in 1934 (11 yrs newer than avg)
Located in a average-income area with median household income of ~55.6k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 1 park nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 9%
Past 10 years St. John'S sales snapshot (~80% of all data)
1,054
230k
$193/sqft
1923
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39.7 is composed by the two sections below.
Property Score
Community Score
St. John'S
How to read: Share of sales in each ~$50k price band for “st. john's” (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: #46110065
$56K
Median household income
$60K
Average household income
24%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
27%
Single-person households
15%
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
311 Redwood Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 263 m), 1 education (nearest 187 m), 1 shopping (nearest 274 m).
St. John'S · WPS public data · 2026
Annual incidents
101
2026
vs. city avg
+242%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
40%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 6% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview & Appeal
This one-storey home on Redwood Avenue is a classic Winnipeg character property built in 1934. Its key appeal lies in its combination of a generous, well-sized lot and a very modest municipal assessment, suggesting significant potential for the right buyer. The 3,012 sqft lot is notably larger than many in the area, ranking in the top quarter for size on its street, while the living space is a practical 838 sqft. It features an attached garage and an unrenovated basement, presenting a straightforward canvas.
The property would suit a value-focused buyer looking for land potential in the St. John's neighbourhood, such as a first-time investor comfortable with a project, or someone seeking a lower entry point into homeownership with space to gradually customize. A less obvious angle is its appeal to a buyer who prioritizes low ongoing property taxes due to the assessed value, freeing up budget for renovations or other investments. It’s a property where the value is more in the land and the opportunity than in move-in-ready finishes.
Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value of $12.5k is for municipal tax purposes only and is significantly lower than typical market prices. It ranks in the top 2% for low assessment city-wide, which generally translates to lower annual property taxes.
2. How does the lot size compare?
At just over 3,000 sqft, the lot is a standout feature. It is larger than approximately 73% of other lots on Redwood Avenue, offering more outdoor space or future expansion potential than many nearby properties.
3. What is the significance of the 2016 sale price?
The property sold for $10.5k in July 2016. This historical price is useful for understanding market trends but is not a direct indicator of current value, which is influenced by many factors including today’s market conditions and the property’s state.
4. Who might the "similar assessed value" comparisons be for?
The listed properties with similar assessed values (e.g., units on Pembina Highway) are likely condominiums or apartments. This highlights how this single-family home offers a different type of ownership (with land) at a similar tax-assessment level.
5. What should I consider about the basement?
The listing notes the basement exists but is "not renovated." Prospective buyers should budget for inspections to understand its current condition, potential for moisture management, and the scope of work needed to make it a functional space.
