348 Redwood Avenue

William Whyte, Winnipeg

63.2

Fair

Overall 63.2

Larger and newer than most nearby homes

1,759 sqft (top 8%)

Built in 1928 (1 yr newer than avg)

Located in a average-income area

with median household income of ~55.6k

Transit 86.0

3-min walk to transit with 4 nearby routes

Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 shops nearby

Living Area

Above average

52% larger than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 75%Tagalog · 9%

Past 10 years William Whyte sales snapshot (~80% of all data)

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.2 is composed by the two sections below.

Property Score

71.3Good
Living Area1,759 sqft86Excellent
Year Built192820Low
Lot Size6,765 sqft85Excellent
Neighbourhood Sales Activity59Fair

Community Score

51.0Fair
Household Income60Fair
Education Level44Low
Housing Stress42Low
Core Housing Need38Low
Employment Health42Low

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (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: #46110065

Community deep dive

$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

Population, labour & age

Population (2021)572
Labour force participation rate56%
Median age31.6
Avg household size2.8
Unemployment rate20%
Population density5720 / km²

Households & income

Low income (LIM-AT, % pop.)24%
Single-person households27%
Couple families with children15%
Median household income (2020)$56K

Housing

Renter households40%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority21%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 8%

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

Rankings

Living Area

Elite
1,759 sqft
0255075100
Same streetTop 4%Same areaTop 8%CitywideTop 19%
Same street · Redwood Avenue
#20 / 518
Top 4% · Avg 1,005 sqft
Same area · William Whyte
#134 / 1,707
Top 8% · Avg 1,158 sqft
Citywide · Winnipeg
#36,321 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
214k
0255075100
Same streetTop 24%Same areaTop 12%CitywideBottom 10%
Same street · Redwood Avenue
#126 / 518
Top 24% · Avg 174k
Same area · William Whyte
#208 / 1,707
Top 12% · Avg 149.1k
Citywide · Winnipeg
#174,457 / 194,458
Bottom 10% · Avg 390.1k

Year Built

above average
1928
0255075100
Same streetTop 38%Same areaTop 26%CitywideBottom 17%

Lot Size

Elite
6,765 sqft
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 19%

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

348 Redwood Avenue — 11 amenities found within 500 m, across 7 categories, including 1 dining (nearest 377 m), 1 education (nearest 257 m), 1 healthcare (nearest 476 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🛒Shopping2
🌳Parks1
Fuel Stations1
Worship4

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 12/2023CA$150k–200k
Sold price

Same street

Top 34%

Same area

Top 19%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 348 Redwood Avenue, Winnipeg

348 Redwood Avenue – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 1,759 sqft home built in 1928 on a notably large 6,765 sqft lot in Winnipeg’s William Whyte neighbourhood. Its strongest asset is land: the lot ranks in the top 1% on the street and in the neighbourhood—nearly double the average lot size on Redwood Avenue. The living area is also generous, ranking in the top 4% on the street and top 8% in the area, making it one of the larger homes in the immediate vicinity.

The assessed value sits at $214,000, which is above the street and neighbourhood averages ($174,000 and $149,100 respectively) but well below the citywide average of $390,100. This reflects a property that is sizable and desirable within its local context, yet priced modestly compared to the broader Winnipeg market.

The appeal lies in the land-to-price ratio. Buyers get a home with above-average interior space and an exceptional lot—rare in this price range. For those willing to invest in an older home (1928) that likely needs updating, the property offers long-term potential for expansion, garage construction, or simply outdoor space that most nearby homes lack. It would suit buyers who prioritize square footage and lot size over move-in-ready condition, and who are comfortable with a neighbourhood that is still evolving rather than fully established.


Frequently Asked Questions

1. How does this property compare to others in William Whyte?
The home ranks in the top 8% for living area and top 1% for land area within the neighbourhood. Its assessed value is in the top 12% locally, meaning it is one of the larger, more valuable properties in the area.

2. Is the assessed value of $214,000 a reliable price indicator?
Assessed value reflects municipal tax valuation, not market price. In this case, the home is valued well below the citywide average but well above local averages—suggesting it is a standout property within a lower-priced neighbourhood. A professional appraisal and recent comparable sales would give a clearer picture.

3. What condition is a 1928 home typically in?
The year built is around average for the street and slightly above average for the neighbourhood. Homes from that era often have solid construction but older systems (electrical, plumbing, heating). Buyers should budget for potential upgrades and plan a thorough inspection.

4. How can the large lot be used?
At nearly double the neighbourhood average, the lot offers flexibility. Possibilities include a large garden, a detached garage or workshop, an addition to the home, or simply privacy from neighbours. Check local zoning and setback requirements before making plans.

5. What does “Top 4%” or “Top 1%” actually mean in real terms?
These rankings compare this property against all other homes on the same street (or within the neighbourhood or city) for a given metric. For example, a “top 1%” land area means only about 5 homes on Redwood Avenue have a larger lot. It is a way to quickly see how this property stands out relative to its peers.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.