396 Redwood Avenue

William Whyte, Winnipeg

Property score

44.1

Below average

Overall 44.1 · Older than most nearby homes

1,073 sqft (bottom 47%) · Built in 1906 (21 yrs older than avg)

Located in a average-income area with median household income of ~48.8k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 healthcare facility, 3 shops, and 1 park nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 74%Tagalog · 5%

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

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

44.1 is composed by the two sections below.

Property Score

45.1Low
Living Area1,073 sqft52Fair
Year Built190610Low
Lot Size4,540 sqft60Fair
Neighbourhood Sales Activity59Fair

Community Score

42.7Low
Household Income53Fair
Education Level22Low
Housing Stress52Fair
Core Housing Need38Low
Employment Health28Low

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: #46110064

Community deep dive

$49K

Median household income

$58K

Average household income

31%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

26%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)578
Labour force participation rate32%
Median age31.8
Avg household size2.8
Unemployment rate8%
Population density6422 / km²

Households & income

Low income (LIM-AT, % pop.)31%
Single-person households26%
Couple families with children14%
Median household income (2020)$49K

Housing

Renter households71%
Condominium dwellings6%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority22%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

around average
1,073 sqft
0255075100
Same streetTop 36%Same areaBottom 47%CitywideBottom 36%
Same street · Redwood Avenue
#185 / 518
Top 36% · Avg 1,005 sqft
Same area · William Whyte
#913 / 1,707
Bottom 47% · Avg 1,158 sqft
Citywide · Winnipeg
#124,455 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
111k
0255075100
Same streetBottom 19%Same areaBottom 32%CitywideBottom 1%
Same street · Redwood Avenue
#418 / 518
Bottom 19% · Avg 174k
Same area · William Whyte
#1,164 / 1,707
Bottom 32% · Avg 149.1k
Citywide · Winnipeg
#192,791 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1906
0255075100
Same streetBottom 11%Same areaBottom 27%CitywideBottom 2%

Lot Size

Elite
4,540 sqft
0255075100
Same streetTop 15%Same areaTop 5%CitywideBottom 35%

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

396 Redwood Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 349 m), 1 healthcare (nearest 330 m), 3 shopping (nearest 319 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping3
🌳Parks1
Fuel Stations1
Worship5

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 8/2021CA$100k–150k
Sold price

Same street

Bottom 31%

Same area

Bottom 39%

City-wide

Bottom 2%
Sold 7/2017CA$100k–150k
Sold price

Same street

Bottom 13%

Same area

Bottom 21%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 396 Redwood Avenue, Winnipeg

396 Redwood Avenue – Property Summary

Key Characteristics & Buyer Appeal

This is a 1,073 sqft home built in 1906, sitting on a notably large 4,540 sqft lot. The living area is slightly above average for its street and neighbourhood, but falls below citywide medians. The assessed value is $111k—well below both street and neighbourhood averages, and among the lowest citywide (top 99th percentile for low value). The land area, however, stands out: it ranks in the top 5% within the William Whyte neighbourhood and top 15% on the street, giving this property a rare combination of modest structure and generous outdoor space.

The appeal lies in the lot. Buyers who value yard space, garden potential, or future redevelopment possibilities will find the land-to-building ratio attractive. The low assessed value may also appeal to investors or first-time buyers looking for an entry point in a neighbourhood where other homes are valued higher. That said, the building itself is older than most peers, both locally and citywide, which suggests maintenance or renovation needs. This property is less suited for someone seeking a move-in-ready, modern home, and more for those comfortable with an older structure or interested in a property where the land holds more long-term value than the house.


Frequently Asked Questions

1. How does the property’s land size compare to others in the area?
It is significantly larger than average. Most comparable homes on Redwood Avenue have around 3,449 sqft of land, and the neighbourhood average is 3,277 sqft. This lot is 4,540 sqft, placing it in the top 5% of the William Whyte area.

2. Why is the assessed value so low compared to the citywide average?
The assessed value reflects both the home’s age and its relatively modest living area. At $111k, it is far below the citywide average of $390k, and also below the street average of $174k. Older homes with smaller square footage tend to carry lower assessments, particularly in neighbourhoods where larger or newer properties bring the local average up.

3. Is the house likely to need major updates given its age?
Built in 1906, the home is older than the average building on its street (1934) and significantly older than the citywide average (1966). While age alone doesn’t guarantee problems, buyers should expect older systems (plumbing, electrical, foundation, roofing) and budget for possible upgrades. A thorough home inspection is strongly recommended.

4. What kind of buyer would get the most value from this property?
It suits buyers who prioritize lot size over house condition—gardeners, hobbyists, or those considering a future addition or redevelopment. It could also work for an investor comfortable with deferred maintenance, or a first-time buyer willing to tackle renovations in exchange for a lower purchase price and a large yard.

5. How does this property compare to others in the William Whyte neighbourhood?
In terms of living area and assessed value, it is around average for the neighbourhood. Where it breaks from the norm is land size—most homes here have smaller lots. So while the house itself is unremarkable for the area, the property as a whole is above average due to the yard space, which is a relatively scarce feature at this price level.

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