398 Redwood Avenue

William Whyte, Winnipeg

Property score

58.5

Fair

Overall 58.5 · Larger than most nearby homes

1,993 sqft (top 4%) · Built in 1909 (18 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

Above average

72% larger than neighborhood avg.

Year Built

Near average

18 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

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

58.5 is composed by the two sections below.

Property Score

69.1Good
Living Area1,993 sqft92Excellent
Year Built190910Low
Lot Size4,543 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

Elite
1,993 sqft
0255075100
Same streetTop 2%Same areaTop 4%CitywideTop 11%
Same street · Redwood Avenue
#9 / 518
Top 2% · Avg 1,005 sqft
Same area · William Whyte
#72 / 1,707
Top 4% · Avg 1,158 sqft
Citywide · Winnipeg
#21,376 / 194,458
Top 11% · 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

around average
1909
0255075100
Same streetBottom 19%Same areaBottom 45%CitywideBottom 5%

Lot Size

Elite
4,543 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

398 Redwood Avenue — 12 amenities found within 500 m, across 6 categories, including 1 education (nearest 356 m), 1 healthcare (nearest 322 m), 3 shopping (nearest 323 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 3/2022CA$250k–300k
Sold price

Same street

Top 15%

Same area

Top 6%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 398 Redwood Avenue, Winnipeg

398 Redwood Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1909 home sits on a notably large lot (4,543 sqft), placing it in the top 5% of its neighborhood and top 15% on its street for land area. With 1,993 sqft of living space, it's more than double the average home size on Redwood Avenue (1,005 sqft) and ranks in the top 2% on the street and top 4% in the William Whyte neighbourhood. The assessed value of $214,000 is above average locally but well below the citywide average of $390,100, which reflects both the home's age and the neighbourhood's pricing relative to Winnipeg as a whole.

The appeal here is space—both inside and outside—at a price point well under the city median. Buyers who prioritize square footage and a sizable yard over a modern build or central location will find this property compelling. That said, the home's age (1909) means it's older than 95% of houses citywide, so buyers should be prepared for the maintenance and systems updates that come with a century home.

Best suited for: Buyers who want a large lot and generous living area in an older, established neighbourhood, and who are willing to invest in updates over time. Not ideal for someone seeking a move-in-ready property or a home in a high-appreciation area without room for renovation.


Frequently Asked Questions

1. How does this home compare to others in the neighbourhood?
It's one of the largest homes in William Whyte by both living area (top 4%) and land area (top 5%). The assessed value is also above the neighbourhood average ($149,100 vs. $214,000), which reflects that extra size. However, the year built is roughly average for the area—most nearby homes are from the 1920s.

2. Why is the assessed value so much lower than the city average?
The citywide average ($390,100) includes newer, larger homes in higher-demand areas. This property is in an older, more affordable part of Winnipeg, and its age also factors into the assessment. The value is strong relative to its own street and neighbourhood, just not compared to the city as a whole.

3. What should I know about a house built in 1909?
Older homes often have solid bones but may need updates to electrical, plumbing, insulation, and roofing. The fact it's remained in decent standing to rank in the top 10% citywide for living area suggests it's been maintained—but a thorough home inspection is essential, especially for foundations, knob-and-tube wiring, and lead paint.

4. How does the lot size affect usability?
At 4,543 sqft, the lot is about 40% larger than the street average. That's enough for a good-sized garden, a garage, or future additions (depending on zoning). Keep in mind that citywide lots average 6,570 sqft, so while it's large for the area, it's not oversized by Winnipeg standards.

5. What's the resale potential?
The combination of large living area and big lot in a neighbourhood where both are uncommon gives this property some built-in value. Renovations—especially updating an older kitchen or adding a bathroom—could significantly improve its assessed value and appeal. The main risk is the neighbourhood's overall market, which tends to appreciate more slowly than city averages.

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.