61.8
Fair
Property score
61.8
Fair
Overall 61.8
Larger and newer than most nearby homes
2,020 sqft (top 4%)
Built in 1926 (1 yr 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: 2 schools, 1 healthcare facility, 4 shops, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
74% larger than neighborhood avg.
Year Built
Above average
1 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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61.8 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110060
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
502 Redwood Avenue — 19 amenities found within 500 m, across 8 categories, including 2 education (nearest 362 m), 1 healthcare (nearest 197 m), 4 shopping (nearest 113 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 49% | Top 36% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1926-built home with 2,020 square feet of living space on a 4,492-square-foot lot. The living area ranks in the top 2% on its street and top 4% in the neighbourhood—significantly larger than nearby homes, where the average is roughly 1,000–1,150 square feet. The lot size is also well above the neighbourhood average, ranking in the top 5% locally, and the assessed value ($168,000) sits close to the street and neighbourhood averages, despite being well below the citywide median.
The property’s main appeal is space and proportion. Buyers who value generous interior square footage and a good-sized lot—especially in an older, established area where those features are uncommon—will find this house stands out. The assessed value is modest relative to the city as a whole, which may reflect the home’s age (1926) and the neighbourhood’s pricing context rather than any flaw in the property itself. It would suit buyers who are comfortable with an older home that has been maintained, who want room to spread out without paying a premium for a newer build, and who are willing to invest in updates over time. It’s less suited to someone seeking a turnkey modern finish or a neighbourhood with high citywide resale values.
1. How does the size of this home compare to others nearby?
It’s significantly larger than most homes on the same street and in the William Whyte neighbourhood. The living area ranks in the top 2% on the street and top 4% in the area, and the lot is in the top 5% locally. This is one of the roomier properties in its immediate context.
2. Why is the assessed value relatively low compared to the citywide average?
The citywide average for comparable homes is nearly $390,000, but this property is assessed at $168,000. That gap largely reflects the neighbourhood’s overall pricing level and the home’s age (1926). Within its own street and area, the assessed value is close to average, so it isn’t undervalued locally—it’s simply in a part of the city where properties tend to be more affordable.
3. Is an older home like this a risk?
Homes built in the 1920s often have solid construction and character, but they may require more maintenance and updates than newer houses. Things like wiring, plumbing, insulation, and roofing are worth checking carefully. The year-built ranking (top 40% on the street, top 28% in the neighbourhood) suggests it’s not unusually old for the area, so many neighbouring homes face similar considerations.
4. What kind of buyer typically looks at a property like this?
Buyers who prioritize interior space and lot size over a modern finish or a trendy neighbourhood. It could appeal to families needing room, someone looking for a renovation project with good bones, or investors who see potential in an older home with a large lot in a neighbourhood that is still reasonably priced relative to the city.
5. How does the lot size compare citywide?
While the lot is large for the street and neighbourhood (top 5% in William Whyte), it’s closer to average citywide, ranking in the top 66%. Winnipeg as a whole has a wide range of lot sizes, and this one falls in the middle of the pack—generous locally, but not unusually big by city standards.
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