41.9
Below average
Property score
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

Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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)
703
117k
$87/sqft
1927
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Property score
41.9 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
below averageYear Built
below averageLot Size
above averageRank 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
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).
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 1% | Bottom 3% | Bottom 1% |
512 Redwood Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
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: 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.
Map & Street View
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