Property Overview: 131 Horton Avenue W, Winnipeg
Key Characteristics & Appeal
This 884 sqft bungalow, built in 1956, presents a practical opportunity in Winnipeg's Radisson neighborhood. Its primary appeal lies in its strong value proposition within its immediate area. While the living space and lot size (3,999 sqft) are below average for the street, neighborhood, and city, the property's assessed value of $351k stands out as above average for Horton Avenue W and Radisson. This suggests the home may offer better finishes, condition, or positioning than many nearby comparables.
The property would suit first-time buyers or downsizers seeking an established, no-fuss neighborhood with a manageable yard. It’s also a candidate for value-focused investors, as its above-street-average assessment could indicate solid underlying value or renovation potential not fully captured by its modest square footage. A thoughtful perspective is that a smaller, well-maintained home on a decent lot can often represent a more efficient and cost-effective purchase than a larger, average-condition property, with lower ongoing utility and maintenance costs.
Frequently Asked Questions
1. Is the living area too small?
At 884 sqft, the home is notably cozier than averages for the street (955 sqft) and city (1,342 sqft). It will suit those comfortable with efficient living spaces but may feel cramped for those needing multiple dedicated rooms or extensive storage.
2. Why is the assessed value higher than the street average?
With an assessed value ranking in the top 7% on its street, this suggests the municipality views the property as having above-average worth compared to neighbors. This can be due to factors like superior condition, updates, a favorable lot layout, or a combination of these elements.
3. What does the sale history indicate?
Records show it last sold between $300k-$350k in October 2020. This past sale price aligns closely with its current $351k assessment, indicating stable value in recent years.
4. How does the lot size compare?
The 3,999 sqft lot is below the street average of 4,684 sqft. It provides a decent outdoor space typical of the area's older subdivisions, but may not accommodate large additions or extensive landscaping projects as easily as larger lots.
5. Where can I get verified sale price data for this home?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the exact sale history via email, and their team will provide the verified figures manually.