Property Overview
112 Newman Avenue W is a well-situated, modestly-sized home in Winnipeg's Radisson neighbourhood. Built in 1959, it is a newer construction compared to many on its street. With 832 square feet of living space, the home is compact, ranking below average in size for the street, neighbourhood, and city. Its assessed value of $309,000 is consistently around the average for its immediate area, though below the wider Winnipeg average. The lot size is typical for the street but smaller than many in the broader region. The property last sold in January 2022 for between $300,000 and $350,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient scale and its position as a relatively newer build on a street of older homes. It suits first-time buyers, downsizers, or investors seeking an affordable, low-maintenance entry into the Winnipeg market. The value proposition is grounded in practicality rather than grandeur.
- For the Right Buyer: The below-average living area is a key consideration. It will appeal to those seeking an efficient, manageable footprint but would feel cramped for those needing ample space or planning to work from home regularly.
- A Thoughtful Perspective: While the lot is smaller than the neighbourhood average, its size is perfectly aligned with the street's norm. This suggests a consistent streetscape and potentially lower outdoor maintenance—an advantage for those not wanting extensive yard work.
- Market Position: The assessed value indicates the property is priced in line with its immediate surroundings, not inflated by city-wide trends. This can represent a stable, grounded investment in a specific community rather than a speculative purchase.
Frequently Asked Questions
1. Is the house significantly smaller than others nearby?
Yes. At 832 sqft, the living area is below the average for Newman Avenue W (1,079 sqft), the Radisson neighbourhood (1,008 sqft), and Winnipeg overall (1,342 sqft). It is a compact home.
2. How does its value compare to the area?
Its $309,000 assessment is very close to the average for its street ($319.3k) and neighbourhood ($320.2k). It sits below the city-wide average of $390.1k, reflecting its size and local market conditions.
3. When was it built, and how does that compare?
It was built in 1959. This makes it notably newer than the average home on its street (1947), about average for Radisson (1961), and slightly newer than the Winnipeg average (1966).
4. What is the lot size like?
The 4,099 sqft lot is standard for Newman Avenue W (avg. 4,087 sqft) but is below the average for both the larger Radisson area and the city.
5. Where can I find verified past sale prices?
The site shows a sold price range from January 2022. For fully verified figures and exact transaction history, you must request a manual lookup by email, as this data is not sourced from the MLS.