Property Overview: 466 Radford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 735 sqft bungalow, built in 1951, presents a focused opportunity in Winnipeg’s Robertson neighborhood. Its primary appeal lies in its strong position within its immediate context. While the home’s living area is notably compact compared to city and neighborhood averages, its assessed value of $291K ranks well above the street average, suggesting it is perceived as a premium property on Radford Street. This creates an interesting dynamic: you are acquiring a home that stands out on its block for value, but one that requires a lifestyle suited to efficient living.
The lot size is typical for the area, offering standard outdoor space. Recent sale history shows significant appreciation between 2019 and 2021. This property would suit a first-time buyer, downsizer, or investor looking for a lower-maintenance footprint in a stable, established neighborhood. Its appeal is for those who prioritize location and lot value over interior square footage, and who see potential in a home that is already a standout on its own street in terms of valuation.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes, at 735 sqft, the living area is below average for the street, neighborhood, and city. This indicates a compact, efficient layout.
2. Why is the assessed value high for the street?
With a value ranking in the top 8% on Radford Street, this suggests factors like condition, updates, lot desirability, or a premium location on the block contribute to its higher valuation compared to immediate neighbors.
3. What does the sale history tell us?
The home sold between $300K-$350K in 2021, a significant increase from its $200K-$250K sale in 2019. This points to strong appreciation over that two-year period, though market conditions have evolved since.
4. How does it compare to nearby homes?
The provided comparisons show similar-aged homes on nearby streets with more living area often at a similar or lower assessed value. This underscores that this specific property’s value is driven by more than just square footage.
5. Where can I get exact historical sale prices?
The site notes that exact sold prices are not displayed publicly due to industry rules. They offer a manual lookup service via email to provide verified transaction figures.