Property Overview: 132 Edward Avenue W, Winnipeg
Key Characteristics & Appeal
This home presents a compelling case as a well-positioned property within its immediate community. Built in 1959, it is a typical example of the area's housing stock, offering just over 1,000 square feet of living space on a roughly 4,900 sqft lot—figures that are very standard for the street and Radisson neighborhood.
The standout feature is its assessed value of $359k, which ranks in the elite top 3% on its own street and above average in the wider neighborhood. This suggests the property is perceived as a higher-quality asset compared to its direct peers, possibly due to updates, condition, or specific lot advantages. Recent sale history indicates strong, steady value growth.
Its appeal lies in offering solid, established neighborhood value. It suits practical buyers looking for a home that stands out positively on its block without the premium of a newer or significantly larger city-wide property. It’s a smart choice for those prioritizing equity and stability in a specific community over maximum square footage.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value is notably higher than the average on its street and in the Radisson area, ranking in the top 10% locally. This indicates it is considered a premium property within this specific market.
2. Is the living space smaller than average for Winnipeg?
Yes. At 1,001 sqft, the living area is below the Winnipeg city-wide average for comparable homes. However, it is perfectly aligned with the typical size found on Edward Avenue W and in the Radisson neighborhood.
3. What does the sale history tell us?
The home sold in 2021 and again in 2024. The sold price ranking improved from the top 20% to the top 12% in the area between those sales, indicating its market value increased at a pace that outperformed many neighborhood peers.
4. Is the lot size a constraint?
The lot is slightly below the neighborhood average but is very close to the standard for the street. It provides a typical suburban parcel for the area, suitable for a backyard and garden but not an unusually large green space.
5. How can I verify the exact past sold prices?
The site provides sold price ranges. Due to industry data rules, exact sale figures require a manual lookup. You can request this information via email through the site, and they will provide the verified history directly.