107 Harold Avenue W

Property Overview: 107 Harold Avenue W, Winnipeg

Key Characteristics & Buyer Appeal

This 742 sqft bungalow on a 4,148 sqft lot in Radisson is a home defined by its practicality and value positioning. Built in 1951, its key characteristic is its efficiency: it offers compact, manageable living space at a price point well below area averages. The assessed value of $245k is notably lower than the neighbourhood ($320k) and city-wide ($390k) benchmarks, indicating a lower property tax burden and an accessible entry point into the market.

Its primary appeal lies in being a straightforward, no-frills opportunity. It suits first-time buyers seeking affordability and lower ongoing costs, or investors looking for a rental property with a relatively low acquisition cost. A thoughtful perspective is that its smaller size and older vintage, while below average in rankings, translate to less space to maintain and potentially simpler, more affordable renovations. The lot, while smaller than many, is still a good size for a starter home garden or outdoor space without being overwhelming.

Frequently Asked Questions

1. Is the below-average living area a major drawback?
Not necessarily. While the home is smaller than many comparables, this makes it inherently more affordable to heat, maintain, and furnish. It represents a classic starter home layout, ideal for individuals, couples, or small families looking to minimize square footage they don't need.

2. Why is the assessed value so much lower than averages?
The assessed value reflects factors like the home's smaller size, age, and likely modest finishes compared to updated or larger homes in the area. This results in a benefit for the buyer: a more affordable purchase price and correspondingly lower property taxes.

3. What can the last sale price (2016) tell me?
The previous sale in the $150k-$200k range (exact price available upon request) provides a historical benchmark, showing significant equity growth over nearly a decade. It underscores the property's role as a value-based entry point in the neighbourhood.

4. How does the lot size impact future potential?
At just over 4,000 sqft, the lot is smaller than average but still offers reasonable outdoor space. For future expansion, such as an addition, the smaller lot may present more design constraints than a larger property, but it also means less yard work.

5. Where can I get verified sale price data for this home?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system displayed on the site.