55.3
Fair
Property score
55.3
Fair
Overall 55.3
Compared with neighbourhood average
1,236 sqft (top 34%)
Built in 1914 (13 yrs older than avg)
Located in a average-income area
with median household income of ~59.2k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Near average
13 yrs older than neighborhood avg.
Mother tongue
English · 51%Tagalog · 24%
Past 10 years William Whyte sales snapshot (~80% of all data)
703
117k
$87/sqft
1927
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55.3 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: #46110923
$59K
Median household income
$75K
Average household income
20%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
29%
Single-person households
29%
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
740 Redwood Avenue — 16 amenities found within 500 m, across 8 categories, including 2 dining (nearest 375 m), 3 education (nearest 136 m), 2 healthcare (nearest 158 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 38% | Top 22% | Bottom 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Bottom 27% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
740 Redwood Avenue – Property Summary
Section 1: Key Characteristics & Buyer Profile
This is a 1914-built home with 1,236 square feet of living space and a 3,349-square-foot lot. The property’s strongest asset is its assessed value relative to the neighborhood. At $195,000, it ranks in the top 19% within the William Whyte area, significantly above the neighborhood average of $149,100. This suggests the home has held or gained value better than nearby properties.
The living area is above average for its street (top 18%) but only around average for the neighborhood and citywide. The lot size is standard for the area but small compared to Winnipeg as a whole. The home is among the older properties in the city (top 89% oldest), which is typical for this central neighbourhood.
The appeal lies in getting a relatively spacious house in a modest, centrally located area at a price point well below the citywide average of $390,100. The property suits buyers who want a solid entry-level home or a manageable renovation project in an older, established part of the city—not a suburban starter house. It would fit someone who values proximity to the city core and is comfortable with an older home’s character and quirks, rather than expecting modern finishes or a large yard.
Section 2: Five Possible FAQs
How does the assessed value compare to similar homes in the area?
The home’s assessed value of $195,000 is well above the William Whyte neighborhood average of $149,100. It ranks in the top 19% locally, which indicates stronger relative value retention than many nearby houses.
Is the living space considered large for this type of property?
The 1,236 square feet is above average for homes on the same street (top 18%), but roughly average for the broader neighborhood and city. It’s a comfortable size for a house of this era, but not oversized by modern standards.
How does the lot size compare to other Winnipeg properties?
The 3,349-square-foot lot is typical for the street and neighborhood, but it falls well below the citywide average of 6,570 square feet. This is common for homes in inner-city areas, where lots are narrower and deeper.
Does the age of the home affect its ranking?
Yes. Built in 1914, it is older than most homes citywide (top 89% oldest). However, within the William Whyte neighborhood and on its own street, the age is around average—meaning the area has many homes from a similar period.
What does the ranking data actually mean?
Rankings show how this property compares to peers in three scopes: the same street, the neighborhood, and the entire city. A top 19% neighborhood rank for value means it beats about 81% of comparable homes in that area. The bar fill length on the ranking display shows the share of peers you outperform, with colors indicating performance tiers.
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.
