Property Overview: 1201 Day Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and strong value within its immediate community. Built in 2011, it is a notably newer property on a street and in a neighborhood (Radisson) dominated by homes from the 1950s and 60s. This suggests advantages like updated building systems, modern layouts, and potentially lower immediate maintenance needs.
Its primary appeal lies in its generous living space and high perceived value within the local context. At 1,344 sqft, the living area is significantly larger than most homes on its street and in the Radisson area, ranking in the top 3% of the neighborhood. Similarly, its assessed value sits in the top 1% for the area, indicating it is considered a premium property locally, even though it aligns more closely with the Winnipeg citywide average. The trade-off for this modern, spacious interior is a land area that is smaller than typical for the area, which may appeal to those seeking a lower-maintenance yard.
This property would best suit buyers looking for a move-in ready, modern home with above-average interior space in a mature neighborhood. It’s ideal for those who prioritize the home’s condition and interior size over a large garden, and for buyers who value a property that stands out in terms of assessed worth and newness within its specific community.
Frequently Asked Questions
How does the smaller lot size impact the property?
While the land area is below average for the street and neighborhood, this often translates to less yard maintenance. The value has clearly been concentrated in the building itself—its size, newness, and condition—which may be a preferable trade-off for many modern buyers.
The assessed value seems high for the area. What does this mean?
The assessment ranks in the top 1% for Radisson, reflecting that the system views this as a premium property locally, likely due to its newer construction and larger living area. It’s important to note this is for municipal tax purposes; market value can differ.
What is the history of price changes?
The data shows two sales in 2021, with the later sale in December at a significantly higher price range than the one in September. This indicates a period of rapid appreciation at that time, which is useful context for understanding the current assessed value.
How does this home compare to its direct neighbors?
The provided comparisons show nearby homes are generally older (1940s-1970s) and have smaller living areas and lower assessed values. This home is a clear outlier in terms of age, size, and valuation on its street.
Is the sold price data shown exact?
No. For non-registered users, sold prices are shown in broad ranges (e.g., CA$450k–500k). To obtain precise historical sale figures, you must request a manual lookup from the site via email, as they do not display MLS data.