Property Overview: 474 Radford Street, Winnipeg
Key Characteristics & Appeal
This 888 sqft bungalow, built in 1950 on a 4,097 sqft lot in Robertson, presents a practical and affordable entry into the Winnipeg market. Its core appeal lies in its relative value and manageability. The home is priced below average for its neighborhood and street, with an assessed value of $234k, which is notably lower than the Winnipeg city average. Its living space is typical for the immediate area but smaller than the citywide standard, positioning it as a cozy, low-maintenance property.
The home would suit first-time buyers, downsizers, or investors seeking a straightforward, budget-conscious purchase. Its recent sale history (2020 and 2024) within the $200k-$250k range suggests a stable, accessible price point. A thoughtful perspective is that while its metrics are "below average" citywide, they are much more aligned with—or even competitive within—its specific community. This indicates you are buying into a neighborhood of similarly scaled homes, not an outlier. The lot size, while below the city average, is very close to the street's norm, offering a balanced outdoor space without excessive upkeep.
Frequently Asked Questions
1. Is this home a good value compared to its neighbors?
Based on assessed value, it ranks below the average for both Radford Street and the broader Robertson neighborhood, suggesting a potentially lower purchase price relative to nearby homes. Its living area and lot size are very much in line with local norms.
2. What type of buyer is this property best for?
It's well-suited for first-time homeowners or investors looking for an affordable, manageable property. Its size and price point also make it a candidate for those looking to downsize without leaving the neighborhood.
3. How does the living space compare to a typical Winnipeg home?
At 888 sqft, the living area is below the Winnipeg city average of 1,342 sqft for comparable homes. However, it is much closer to the average for Robertson (977 sqft) and Radford Street itself (869 sqft).
4. Can I get the exact historical sale prices?
The site provides sold price ranges. To receive verified, exact sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. The citywide rankings seem low. Should I be concerned?
Not necessarily. The citywide averages are pulled higher by newer, larger homes in different areas. The more relevant comparisons are at the street and neighborhood level, where this home is much more typical, indicating you're purchasing in an established, consistent area.