448 Redwood Avenue

William Whyte, Winnipeg

Property score

53.1

Fair

Overall 53.1 · Larger but older than most nearby homes

1,435 sqft (top 20%) · Built in 1905 (22 yrs older than avg)

Located in a average-income area with median household income of ~49.6k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 3 shops, and 2 parks nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 77%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

53.1 is composed by the two sections below.

Property Score

56.8Fair
Living Area1,435 sqft75Good
Year Built190510Low
Lot Size3,508 sqft46Low
Neighbourhood Sales Activity59Fair

Community Score

47.6Low
Household Income53Fair
Education Level34Low
Housing Stress63Fair
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: #46110061

Community deep dive

$50K

Median household income

$67K

Average household income

24%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

32%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)563
Labour force participation rate57%
Median age29.6
Avg household size2.8
Unemployment rate17%
Population density8042 / km²

Households & income

Low income (LIM-AT, % pop.)24%
Single-person households32%
Couple families with children15%
Median household income (2020)$50K

Housing

Renter households51%
Condominium dwellings0%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority32%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 76%
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

above average
1,435 sqft
0255075100
Same streetTop 9%Same areaTop 20%CitywideTop 34%
Same street · Redwood Avenue
#48 / 518
Top 9% · Avg 1,005 sqft
Same area · William Whyte
#346 / 1,707
Top 20% · Avg 1,158 sqft
Citywide · Winnipeg
#66,076 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
199k
0255075100
Same streetTop 28%Same areaTop 17%CitywideBottom 8%
Same street · Redwood Avenue
#147 / 518
Top 28% · Avg 174k
Same area · William Whyte
#290 / 1,707
Top 17% · Avg 149.1k
Citywide · Winnipeg
#178,762 / 194,458
Bottom 8% · Avg 390.1k

Year Built

below average
1905
0255075100
Same streetBottom 10%Same areaBottom 25%CitywideBottom 2%

Lot Size

above average
3,508 sqft
0255075100
Same streetTop 31%Same areaTop 29%CitywideBottom 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

448 Redwood Avenue — 14 amenities found within 500 m, across 6 categories, including 2 education (nearest 420 m), 1 healthcare (nearest 211 m), 3 shopping (nearest 277 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks2
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 6/2024CA$200k–250k
Sold price

Same street

Top 16%

Same area

Top 7%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 448 Redwood Avenue, Winnipeg

448 Redwood Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,435 sqft home on a 3,508 sqft lot, built in 1905, with an assessed value of $199,000. Its standout feature is space: the living area ranks in the top 9% on its street and top 20% in the neighbourhood, well above the local averages of 1,005 and 1,158 sqft respectively. The assessed value is also strong locally—top 28% on the street and top 17% in the area—suggesting the property's size is reflected in its valuation relative to nearby homes. The land area (3,508 sqft) aligns closely with the street and neighbourhood averages.

The main trade-offs are age and citywide comparison. Built in 1905, it’s significantly older than most homes on the street (average 1934) and the neighbourhood (average 1927). Citywide, it ranks in the bottom 2% for age. Similarly, while the assessed value looks good locally, it falls well below the citywide average of $390,100—meaning this property is priced in a more modest segment of the Winnipeg market. The lot is also smaller than the typical citywide lot (6,570 sqft).

This property would likely suit a buyer who values indoor square footage and a solid urban lot within an established neighbourhood, and who is comfortable with an older home. It’s less suited for someone looking for a newer build, a large yard, or high resale value relative to the broader city market. The combination of above-average size and below-average citywide valuation makes it a potential candidate for value-conscious buyers, especially those who see potential in updating or renovating an older structure in a central location.


Five Possible FAQs

1. How does this home’s age affect its desirability?
The home is roughly 120 years old. While this places it in the oldest few percent citywide, many homes in the William Whyte neighbourhood are from the 1920s and 1930s, so it’s less of an outlier locally. Older homes often mean solid construction and character features, but also potential for older systems (plumbing, electrical, foundation) that may need updating. Buyers should budget for a thorough inspection and possible renovation work.

2. Is the assessed value a good deal or a warning sign?
Locally, the assessed value is above average—top 28% on the street and top 17% in the neighbourhood. That suggests it’s not undervalued relative to its immediate surroundings. However, citywide it sits in the bottom 8% of values. This mismatch is typical for older homes in central neighbourhoods where prices are lower than suburban or newer areas. It’s not a red flag, but it does mean resale value may be tied more to local demand than citywide trends.

3. How does the lot size compare to typical Winnipeg properties?
At 3,508 sqft, the lot is in line with the street and neighbourhood averages (3,449 and 3,277 sqft), but significantly smaller than the citywide average of 6,570 sqft. In practice, this is a standard urban lot for a central neighbourhood—enough for a house, a small yard, and perhaps a garage, but not expansive. Buyers expecting a large garden or room for additions should check local zoning and setback rules.

4. What type of buyer is this home best suited for?
It’s a natural fit for someone who wants more indoor living space than typical homes in the area offer, without paying a premium for a large lot. The age and below-average citywide valuation also suggest it could appeal to investors or first-time buyers willing to take on cosmetic or system upgrades. It’s less ideal for families needing a big yard or buyers who prioritize a move-in-ready, modern home.

5. How do the rankings work, and what do the colours mean?
The rankings compare this property against other homes of the same type within three scopes: the street, the neighbourhood (William Whyte), and citywide (Winnipeg). A higher rank means better performance (e.g., larger living area, higher assessed value, or newer construction). The fill length of the bar shows roughly what share of comparable homes you outperform. The colour tiers (red, blue, amber, gray) indicate how far above or below the median the property sits—useful for a quick visual sense of where it stands.

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.