Property score
59.1
Fair
Overall 59.1 · Larger than most nearby homes
1,778 sqft (top 7%) · Built in 1911 (16 yrs older than avg)
Located in a average-income area with median household income of ~56.8k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 3 shops, and 3 parks nearby
Living Area
Above average
54% larger than neighborhood avg.
Year Built
Near average
16 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 11%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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Property score
59.1 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110060
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
EliteRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
482 Redwood Avenue — 17 amenities found within 500 m, across 8 categories, including 1 education (nearest 368 m), 1 healthcare (nearest 182 m), 3 shopping (nearest 162 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Top 42% | Bottom 4% |
482 Redwood Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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How to Get More Accurate Data
Privacy & Commitment
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 482 Redwood Avenue, Winnipeg
482 Redwood Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1911 home with 1,778 square feet of living space and a land area of 4,909 square feet. The property stands out most for its generous lot and interior size, especially relative to the immediate neighbourhood and street. On Redwood Avenue, it ranks in the top 3% for living area and top 7% for land area. Within the William Whyte neighbourhood, the lot size is particularly notable—ranked in the top 3%. Citywide, the living area remains above average, though the assessed value of $150,000 is well below the city median of $390,100.
The appeal lies in space per dollar. Buyers get a home that is significantly larger than most others on the same street and in the surrounding area, on a lot that is nearly 50% bigger than the neighbourhood average—all at an assessed value that sits roughly in line with local averages. The age of the home (1911) is typical for the area, though it is older than most citywide, meaning buyers should expect character features but also the maintenance needs of a century-old structure. This property would suit buyers who prioritize square footage and outdoor space over a turnkey modern finish, and who are comfortable working within an older home’s bones. It may be a strong fit for someone who wants to build equity through updates, as the low assessed value relative to the size suggests potential room for value growth.
Five Frequently Asked Questions
1. Is the assessed value of $150,000 accurate for a home this large?
Yes, the city assessment reflects comparable sales in the area. The home’s size and lot are well above average for the neighbourhood, but assessed values in William Whyte remain modest citywide. The discrepancy between size and value is part of what makes the property interesting—it’s not a mistake, but an opportunity to consider.
2. What should I expect from a home built in 1911?
Older homes often have solid framing, high ceilings, and original details, but they can also come with outdated electrical, plumbing, and insulation. Expect potential issues like settling, lead paint (if not remediated), and a lack of modern vapour barriers. A thorough inspection is strongly recommended, especially focusing on the foundation, roof, and mechanicals.
3. How does the lot compare to others in the area?
The land area of 4,909 sqft is well above both the street average (3,449 sqft) and the neighbourhood average (3,277 sqft). It ranks in the top 3% for the neighbourhood. This is a genuinely large yard for the area, which may offer room for gardens, a garage, or future expansion.
4. Why is the citywide rank for living area only top 18% if the home is nearly double the neighbourhood average?
Citywide comparisons include newer, larger homes in outlying suburbs and higher-density areas. The property is large for its immediate context but not exceptionally large when measured against the whole city. That context matters: you’re getting a lot of space for the neighbourhood, not necessarily for Winnipeg overall.
5. Is this a good investment property?
The low assessed value relative to square footage could appeal to investors looking for a value-add opportunity. However, the older age and below-average citywide valuation mean the upside depends on renovation quality and neighbourhood appreciation. It’s not a guaranteed flip, but the numbers give room for creative financing or sweat equity.
Map & Street View
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