Property Overview: 1204 Bond Street, Winnipeg
Key Characteristics & Buyer Profile
This 1,024 sqft home, built in 1961, presents a practical and competitively positioned offering in the Radisson neighbourhood. Its primary appeal lies in its strong value proposition within its immediate locale. While the living space is slightly above average for Bond Street, the lot size is notably smaller than most in the area, suggesting a lower-maintenance yard. The assessed value of $312k ranks well above the street average, indicating the municipality views it favorably compared to its direct neighbours, many of which are older homes.
This property would suit a first-time buyer or practical investor looking for a solid entry into the Winnipeg market without the upkeep of a large lot. It’s a home that makes more sense when compared to its immediate street than to the city at large, offering a sense of relative value in a mature neighbourhood. A thoughtful perspective is that the smaller lot could be a hidden benefit for those seeking a more manageable outdoor space, potentially freeing up time and resources. The recent sale history suggests steady market interest, making it a straightforward, no-surprises type of purchase.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is above the average for Bond Street itself but is around the average for the broader Radisson neighbourhood. This suggests it represents good value on its specific street compared to older houses.
2. Is the lot size a significant drawback?
The lot is smaller than most in the area and city. This means less yard maintenance, which can be a positive for some, but offers less private outdoor space for gardening or expansion.
3. What does the year built tell us about the property?
Built in 1961, it is newer than many homes on its street but typical for the Radisson area. Buyers should anticipate updates common for a home of this age, but potentially fewer issues than with much older properties nearby.
4. How reliable are the sold price ranges shown?
The provided sold price ranges are based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site.
5. Who would this home not be suitable for?
It may not suit buyers looking for a large yard, extensive space for expansion, or a home that is significantly larger than the Winnipeg average. Its strengths are most apparent at the local street level.