512 Redwood Avenue

William Whyte, Winnipeg

41.9

Below average

Overall 41.9

Smaller and older than most nearby homes

912 sqft (bottom 29%)

Built in 1905 (22 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: 2 schools, 1 healthcare facility, 4 shops, and 3 parks nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

22 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

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

41.9 is composed by the two sections below.

Property Score

38.1Low
Living Area912 sqft42Low
Year Built190510Low
Lot Size4,488 sqft53Fair
Neighbourhood Sales Activity59Fair

Community Score

47.6Low
Household Income60Fair
Education Level34Low
Housing Stress42Low
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: #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

Population (2021)652
Labour force participation rate48%
Median age30.4
Avg household size2.8
Unemployment rate20%
Population density8150 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households21%
Couple families with children21%
Median household income (2020)$57K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority28%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 11%

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

Rankings

Living Area

around average
912 sqft
0255075100
Same streetBottom 43%Same areaBottom 29%CitywideBottom 18%
Same street · Redwood Avenue
#296 / 518
Bottom 43% · Avg 1,005 sqft
Same area · William Whyte
#1,208 / 1,707
Bottom 29% · Avg 1,158 sqft
Citywide · Winnipeg
#160,199 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

below average
75k
0255075100
Same streetBottom 2%Same areaBottom 5%CitywideBottom 1%
Same street · Redwood Avenue
#507 / 518
Bottom 2% · Avg 174k
Same area · William Whyte
#1,626 / 1,707
Bottom 5% · Avg 149.1k
Citywide · Winnipeg
#194,240 / 194,458
Bottom 1% · Avg 390.1k

Year Built

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

Lot Size

above average
4,488 sqft
0255075100
Same streetTop 17%Same areaTop 6%CitywideBottom 34%

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

512 Redwood Avenue — 18 amenities found within 500 m, across 8 categories, including 2 education (nearest 362 m), 1 healthcare (nearest 212 m), 4 shopping (nearest 83 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks3
🏦Finance1
Fuel Stations1
Worship5
🏛️Government1

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 6/2017CA$50k–100k
Sold price

Same street

Bottom 1%

Same area

Bottom 3%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 512 Redwood Avenue, Winnipeg

512 Redwood Avenue – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a small, older home on a notably large lot in Winnipeg’s William Whyte neighbourhood. The house itself is 912 square feet—slightly below the street average and well below citywide norms. Built in 1905, it ranks among the older homes both locally and citywide. Its assessed value of $75,000 is dramatically lower than the street average of $174,000 and the city average of $390,000, placing it in the bottom percentile citywide.

The main appeal here is the land. The lot measures 4,488 square feet, which ranks in the top 17% on the street and the top 6% within the neighbourhood. On a citywide scale, it sits around average—but in the context of this dense, older area, the lot size is a clear standout. This property suits buyers who value outdoor space or future development potential over a move-in-ready interior. It may also appeal to investors or renovators looking for a low-cost entry into an older neighbourhood, where the land likely holds more long-term value than the structure. It is less suited for someone seeking a compact, low-maintenance home in a higher-appreciation area.


Frequently Asked Questions

1. Is the assessed value of $75,000 accurate, and does it reflect market value?
Assessed value is a municipal figure used for property tax calculation and often lags behind market conditions. In this case, the $75,000 figure is extremely low relative to street and city averages, which suggests either the home is in poor condition, the assessment hasn't caught up, or the land is valued conservatively. It would be wise to check recent sale prices for similar properties in William Whyte.

2. What does the land area rank mean for practical use?
A 4,488-square-foot lot is generous for the area. It could accommodate a large garden, a garage or workshop, or even potential subdivision depending on zoning. The high rank (top 6% in the neighbourhood) indicates this is one of the bigger lots in the immediate area, which is rare.

3. How old is the house, and what maintenance issues should be expected?
Built in 1905, the home is over 115 years old. Systems like plumbing, electrical, and the foundation may be original or updated at different points. Older homes in this age bracket often have lead paint, knob-and-tube wiring, and asbestos in insulation—though not always. A thorough inspection is strongly recommended before purchase.

4. Why is the assessed value so low compared to the citywide average?
The citywide average assessed value is $390,100, with many newer or larger homes pulling that number up. This property’s low value likely reflects its small size, age, and possibly deferred maintenance, as well as the neighbourhood's lower average property values. The William Whyte area itself ranks in the bottom 5% citywide for assessed value.

5. What is the neighbourhood (William Whyte) like for residents?
William Whyte is an older, centrally located Winnipeg neighbourhood with a mix of pre-war housing and some infill development. It's known for being more affordable and having a diverse population. Amenities and public transit access vary by street, and some blocks have higher vacancy or rental density. Buyers should spend time walking the area at different times of day to get a feel for the immediate surroundings.

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