406 Radford Street

Property Overview: 406 Radford Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 735 sqft bungalow, built in 1950, presents a straightforward opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its value positioning. With an assessed value of $258k, it sits close to the average for its street and neighborhood, yet significantly below the citywide average, suggesting a more affordable entry point into the market. The lot size of 4,100 sqft is fairly typical for the area.

The home’s living space is notably compact, ranking below average at every level (street, neighborhood, and city). This defines its core appeal: it is a efficient, no-frills property suited for buyers seeking minimal upkeep and lower utility costs. It would best suit a first-time buyer, an investor looking for a manageable rental, or someone downsizing who prioritizes location and lot potential over interior square footage. A thoughtful perspective is that its smaller size and average assessment for the area could indicate a property with less risk of a tax assessment spike, offering budget predictability. The recent sale in late 2023 also provides a clear, contemporary price benchmark for buyers.

Section 2: Frequently Asked Questions

1. Is the house unusually small?
Yes, at 735 sqft, the living area is below the average for the street, neighborhood, and city. This makes it a compact, efficient layout.

2. How does its value compare to nearby homes?
Its assessed value is very close to the average for Radford Street ($254k) and the Robertson neighborhood ($269k). It is, however, well below the Winnipeg city average, indicating a more affordable price point within the city.

3. What is the lot size, and is it a typical size?
The lot is 4,100 sqft. This is slightly below the street average but around the average for the Robertson area, representing a standard residential lot for the neighborhood.

4. When was it last sold, and for roughly how much?
It sold in October 2023. The public price range provided is CA$200k–250k. For verified, exact sale figures, you must request them directly via email from the source.

5. Why are only sold price ranges shown, not exact amounts?
Due to data sourcing rules, the public view shows approximate bands. The site states that exact, verified sold prices are available upon direct request via email, which they will provide manually.