Property score
49.2
Below average
Overall 49.2 · Older than most nearby homes
1,288 sqft (top 40%) · Built in 1907 (16 yrs older than avg)
Located in a average-income area with median household income of ~56.8k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 4 shops, and 3 parks nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 11%
Past 10 years St. John'S sales snapshot (~80% of all data)
1,054
230k
$193/sqft
1923
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Property score
49.2 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110060
Community deep dive
$57K
Median household income
$61K
Average household income
26%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
21%
Single-person households
21%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
below averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
493 Redwood Avenue — 18 amenities found within 500 m, across 8 categories, including 1 education (nearest 419 m), 1 healthcare (nearest 239 m), 4 shopping (nearest 149 m).
Crime & Safety
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%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Bottom 47% | Bottom 8% |
493 Redwood Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 493 Redwood Avenue, Winnipeg
Property Overview
This one-and-three-quarter storey home on Redwood Avenue is a piece of Winnipeg’s architectural history, built in 1907. Its appeal lies in the blend of classic character and practical updates, most notably a renovated basement. With a living area of 1,288 sq. ft. and a generous lot of over 3,000 sq. ft., it offers space both inside and out. The home is positioned in the St. John's neighbourhood and boasts a detached garage.
The data suggests a property with solid fundamentals. Its assessed value ranks in the top 10% city-wide, indicating a strong valuation relative to Winnipeg as a whole. While the living space is modest for the street, the lot size is above average, presenting an opportunity for gardening, expansion, or simply more private outdoor space than many urban lots provide. The home would suit a buyer who appreciates the charm and solidity of an early-20th-century build and is looking for a property with a proven value foundation in the city. It’s ideal for someone who doesn’t require a brand-new home but values a key modernized feature like a finished basement, and who might see potential in the land itself.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the house, with sloped ceilings or dormer windows in the bedrooms, creating a cozy, character-filled upper level.
2. The assessed value seems low compared to today's market. Why is that?
Municipal assessed value is for tax purposes and is often calculated well below current market value. This home's assessment ranks in the top 10% for Winnipeg, which signals the city views it as a higher-value property relative to most others, even if the dollar figure seems modest.
3. How significant is the renovated basement?
A renovated basement in a century home is a major practical advantage. It immediately adds usable living space without the need for a complex project, which can be valuable for a home office, recreation room, or extra storage.
4. The year built is 1907. Should I be concerned about maintenance?
Any home of this age will require a mindful approach to upkeep. The positive perspective is that it has stood for over 115 years, suggesting solid original construction. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation.
5. The lot is larger than average. What does that mean for me?
A larger lot (3,014 sq. ft.) in an established neighbourhood is a valuable asset. It provides more privacy, bigger yard potential, and future flexibility that smaller, modern lots do not. This is a key feature that adds long-term value beyond the square footage of the house itself.
Map & Street View
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