610 Redwood Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,020 sqft home sits on a 3,389 sqft lot in Winnipeg’s William Whyte neighbourhood. Built in 1912, the house is older than most citywide inventory but fairly typical for its street and immediate area. The city-ranked data shows it’s a modest property in terms of living space (top 72% citywide) and land (top 82% citywide), but it offers something less obvious: a relatively strong assessed value for its neighbourhood, ranking in the top 22% locally. That suggests the property may be holding value better than nearby homes, possibly due to upkeep, interior finishes, or a desirable location within the area.
Where the appeal lies is in affordability and street-level consistency. The home is priced well below citywide averages (assessed at $186k vs. $390k citywide median), making it accessible for first-time buyers or investors seeking a lower entry point in a mature neighbourhood. The land-to-building ratio is decent—a 3,389 sqft lot for a 1,020 sqft house—leaving room for future expansion, a garage, or outdoor space. The street itself is tightly clustered: the home ranks roughly middle-of-the-pack on Redwood Avenue for size, age, and value, meaning buyers aren’t overpaying for an outlier.
This property suits buyers who value location over prestige. William Whyte is an older, established area with character homes, mature trees, and proximity to amenities. The home’s age (1912) means potential character details—high ceilings, original trim—but also likely requires some updating. It’s not for someone wanting turnkey or modern finishes without work. It is for someone willing to invest sweat equity or renovations into a structurally sound (presumably) home that sits in a stable, mid-tier neighbourhood. Investors might like the value gap: below-average citywide assessed value but above-average neighbourhood standing.
Five Possible FAQs
1. How does the living area compare to similar homes nearby?
On Redwood Avenue, the 1,020 sqft is essentially average—just 15 sqft above the street median of 1,005 sqft. In the William Whyte neighbourhood, it’s slightly below the average of 1,158 sqft, ranking in the top 60%. Citywide, it’s below the 1,342 sqft average. So the home is typical for its street but a bit smaller than what you’d find in many newer or more central areas.
2. Is the assessed value high for what you get?
At $186k, it’s above the neighbourhood average of $149k (top 22% locally) but well below the citywide average of $390k. That means you’re paying a bit more than the typical William Whyte home, but still far less than most Winnipeg properties. The local premium may reflect a well-maintained house or a better street location, but the overall price remains affordable.
3. What should I know about the house’s age?
Built in 1912, the home is older than 92% of citywide properties. That’s not unusual for William Whyte—the neighbourhood average is 1927—but it’s worth noting for maintenance. Plumbing, electrical, foundation, and roof are all items to inspect carefully. The upside: older homes often have solid framing, plaster walls, and architectural details that are hard to find in newer builds.
4. How big is the lot, and is there room for additions?
The lot is 3,389 sqft, which is close to the street average (3,449 sqft) and neighbourhood average (3,277 sqft). Citywide, it’s small (top 82%). Still, the house footprint is modest, so there’s likely space for a garage, a garden, or a rear addition—assuming zoning allows it. Check with the city before planning any major expansion.
5. Who typically buys homes in William Whyte?
The neighbourhood attracts a mix: first-time homeowners priced out of trendier areas, renovators looking for older stock with good bones, and long-term residents who value the established community and proximity to the North End’s services. It’s not a high-turnover area, and properties here tend to sell steadily rather than quickly. If you’re looking for quick resale value, this might not be it; if you want a solid place to settle or gradually improve, it fits.