493 Redwood Avenue

St. John'S, Winnipeg

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)

Sold Count

1,054

Median price

230k

$/sqft

$193/sqft

Avg build year

1923

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Property score

49.2 is composed by the two sections below.

Property Score

50.2Fair
Living Area1,288 sqft66Good
Year Built190710Low
Lot Size3,014 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

47.6Low
Household Income60Fair
Education Level34Low
Housing Stress42Low
Core Housing Need38Low
Employment Health28Low

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)652
Labour force participation rate48%
Median age30.4
Avg household size2.8
Unemployment rate20%
Population density8150 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households21%
Couple families with children21%
Median household income (2020)$57K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority28%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,288 sqft
0255075100
Same streetTop 15%Same areaTop 40%CitywideTop 42%
Same street · Redwood Avenue
#78 / 518
Top 15% · Avg 1,005 sqft
Same area · St. John'S
#992 / 2,462
Top 40% · Avg 1,261 sqft
Citywide · Winnipeg
#82,476 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
186k
0255075100
Same streetTop 34%Same areaBottom 46%CitywideBottom 6%
Same street · Redwood Avenue
#176 / 518
Top 34% · Avg 174k
Same area · St. John'S
#1,325 / 2,462
Bottom 46% · Avg 200.9k
Citywide · Winnipeg
#181,891 / 194,458
Bottom 6% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 16%Same areaBottom 20%CitywideBottom 4%

Lot Size

around average
3,014 sqft
0255075100
Same streetBottom 35%Same areaBottom 28%CitywideBottom 12%

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).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping4
🌳Parks3
🏦Finance1
Fuel Stations1
Worship6
🏛️Government1

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

Sold 6/2022CA$150k–200k
Sold price

Same street

Top 37%

Same area

Bottom 47%

City-wide

Bottom 8%

Related homes

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.

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