29.7
Below average
Property score
29.7
Below average
Overall 29.7
Smaller but newer than most nearby homes
510 sqft (bottom 1%)
Built in 1934 (11 yrs newer than avg)
Located in a average-income area
with median household income of ~56.8k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 2 schools, 1 healthcare facility, 4 shops, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
60% smaller than neighborhood avg.
Year Built
Above average
11 yrs newer 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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29.7 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: #46110060
$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
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
525 Redwood Avenue — 18 amenities found within 500 m, across 8 categories, including 2 education (nearest 420 m), 1 healthcare (nearest 286 m), 4 shopping (nearest 55 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%
525 Redwood Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 525 Redwood Avenue presents a straightforward opportunity in Winnipeg's St. John's neighbourhood. Built in 1934, its key characteristic is a very compact 510 sqft living area, which ranks it among the smallest in the city. The property includes a detached garage and a full, unrenovated basement on a standard 3,106 sqft lot. Its appeal lies in its position as an affordable entry point into the market, underscored by a notably low municipal assessed value. The home would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimal-maintenance footprint. A less obvious perspective is its potential as a "blank slate" project; the unrenovated basement and the lot size offer future expansion possibilities that the current small living area does not. Its strong rankings for lot size and assessed value within the neighbourhood suggest it sits on a decent parcel of land for the area, which can be a strategic advantage.
Frequently Asked Questions
1. Is the home livable in its current state?
The listing confirms the basement is unrenovated. The main floor living space is very compact at 510 sqft, so buyers should be prepared for immediate updates or a minimalist lifestyle, and budget for potential repairs or modernization.
2. Why is the assessed value so much lower than nearby properties?
The assessed value of $11,800k is significantly lower than many comparable listings shown. This primarily reflects the home's very small size and likely condition, not the land value. It indicates a property where the value is largely in the land itself.
3. What are the expansion possibilities?
The existing full basement and the lot size (which ranks well for the street) are the key assets. A future owner could potentially look into a basement renovation to add living space or, subject to zoning, an addition.
4. Who is the typical buyer for a home like this?
It's most suited for a budget-conscious first-time homebuyer, an investor seeking a rental property with a low tax base, or a buyer interested in a long-term renovation project starting with a solid land parcel.
5. How does the neighbourhood factor in?
The St. John's neighbourhood shows a mix of well-maintained and dated properties. This home's lot size and assessed value rank in the top half for the street, suggesting it's in a reasonably stable section of the area, but viewing the specific block is essential.
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