Property Overview: 1009 Radisson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, historically grounded property built in 1930, offering a unique entry point into Winnipeg’s housing market. Its primary appeal lies in its exceptionally low financial barrier to entry, evidenced by one of the lowest assessed values in its neighborhood and city-wide. With just 552 sqft of living space, it is among the smallest homes in its immediate area, suggesting a minimalist lifestyle or a solid foundation for a strategic renovation.
The appeal here is not in grandeur, but in potential and practicality. It suits a very specific type of buyer: the hands-on first-time purchaser seeking absolute affordability, an investor looking for a low-cost rental property, or someone interested in a manageable, "right-sized" home with minimal upkeep. A thoughtful perspective is that its 1930s construction and smaller lot (3,007 sqft) offer a lower environmental footprint and simpler maintenance compared to larger modern homes, aligning with a conscious, less-is-more approach to homeownership. Its value is fundamentally as a starting point—whether that’s for building equity, managing a renovation project, or securing a modest and private living space.
Section 2: Frequently Asked Questions
1. What does the ranking data actually mean for this house?
The data consistently shows this property ranks at or near the bottom of its peer groups for size, value, and lot area. This isn't necessarily negative; it quantitatively confirms this is one of the most affordable and compact options available, setting clear expectations.
2. Is the low assessed value a good thing?
It primarily indicates a lower municipal tax burden, which is a financial positive. However, it also reflects the home's smaller size, age, and current condition relative to the market. It’s a key indicator of affordability.
3. What can I expect from a 1930-built home?
You should budget for and expect older building systems, materials, and layout. While it has character, a pre-purchase inspection is crucial to understand the condition of the foundation, wiring, plumbing, and insulation.
4. How reliable is the sold price history shown?
The listed sale range (CA$150k–200k, sold 2016) is based on public data. For the exact sale price to inform your offer, you must request it directly via the provided email service, as this information is not fully disclosed online.
5. Who are the most likely buyers for this property?
It’s best suited for budget-conscious first-time buyers, practical downsizers, or investors. Its scale is less likely to appeal to families needing space but ideal for individuals or couples comfortable with a cozy footprint or a project.