Property Overview: 1113 Day Street, Winnipeg
Key Characteristics & Appeal
This 936 sqft bungalow, built in 1956 on a 4,499 sqft lot, presents a solid, middle-of-the-road offering in Winnipeg's Radisson neighborhood. Its primary appeal lies in its stability and alignment with its immediate surroundings. The home consistently ranks as "around average" for its street in living area, assessed value, and lot size, indicating it's a typical property for Day Street. With a current assessed value of $318k, it sits comfortably within the local market context, priced between its most recent recorded sales in 2020 and 2022.
The property would suit pragmatic, value-conscious buyers—particularly first-time homeowners or downsizers—who prioritize neighborhood consistency over standout features. It offers the advantage of being a known quantity: you’re not overpaying for premium size or finishes, but you’re also not inheriting an outlier in terms of value or condition compared to the neighbors. A thoughtful perspective is that its slightly older build date (1956) compared to the Radisson neighborhood average might suggest well-established infrastructure and mature landscaping, but it also warrants a close look at the condition of major aging components.
Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
City-wide, its assessed value ranks around average (top 65%), but it is notably below the city average of $390k. This suggests it offers more affordable entry into the Winnipeg market while being typical for its specific street and area.
2. Is the living space smaller than most Winnipeg homes?
Yes. At 936 sqft, the living area is below the Winnipeg average (1,342 sqft). However, it is very close to the average for both Day Street (935 sqft) and the Radisson neighborhood (1,008 sqft), indicating the home is appropriately sized for its location.
3. What can the past sold prices tell me?
The home sold in 2020 and again in 2022, each time within a higher price percentile than its current assessed value ranking. This history suggests it has been a competitively priced property in active market conditions, though exact sold prices require a manual lookup from the provider.
4. How does the lot size impact potential?
The lot is below average for the Radisson area but typical for Day Street. While it may not allow for expansive additions, it is consistent with the streetscape and likely requires standard maintenance.
5. Are the provided comparisons with nearby homes useful?
Yes. The listed nearby properties, such as 1107 Day Street and 219 Horton Avenue W, provide concrete context. They show similar vintage homes with varying sizes and values, helping to visualize where this property fits on the spectrum of older, well-established homes in the broader area.