Property Overview: 1011 Day Street, Winnipeg
Key Characteristics & Appeal
This 688 sqft home, built in 1970, sits on a 2,999 sqft lot in the Radisson neighborhood. Its primary appeal lies in being a competitively priced entry point into the Winnipeg market, with an assessed value of $292k that sits below city and neighborhood averages. The home is notably newer than many in its immediate area, which can suggest updated infrastructure or less immediate need for major repairs compared to older stock.
The property suits first-time buyers, downsizers, or investors seeking a lower-cost holding with solid fundamentals. Its smaller size and lot offer manageable upkeep and lower utility costs. A thoughtful perspective is that its "below average" size and value metrics, compared to the broader market, are precisely what create its affordability and reduce property tax liability. The data shows it last sold between $200k-$250k in 2020, indicating potential for equity growth.
Frequently Asked Questions
1. Is the smaller living area a significant drawback?
While the home's square footage is below average for the street, neighborhood, and city, this is reflected in its price and assessment. It represents a functional, efficient layout suitable for individuals, couples, or those simply needing less space.
2. How does the 1970 build year compare to nearby homes?
This is one of the home's strengths. It is newer than the average home on its street (1959) and in Radisson (1961), which can often correlate with more modern wiring, plumbing, and insulation standards.
3. What does the assessed value tell me about the price?
The assessed value of $292k is a municipal estimate for tax purposes. It's around average for Day Street but below averages for Radisson and Winnipeg, suggesting the property is positioned as a value option within its wider market context.
4. How does the lot size impact the property?
The lot is smaller than typical for the area. This means less outdoor maintenance but also less private yard space. It's a trade-off that contributes to the home's affordability.
5. Can I see the exact historical sale price?
The site provides sold price ranges for general research. To obtain fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.