Property Overview
This 936 sqft bungalow at 106 Mcmeans Avenue W in Winnipeg's Radisson neighborhood presents a practical and value-conscious opportunity. Built in 1959, it sits on a 4,498 sqft lot. The home’s assessed value of $322k is notably above the street average, suggesting it is a well-regarded property within its immediate area. Its appeal lies in its solid positioning as a comfortable, established home that offers more space than many on its street and represents a more affordable entry point compared to the Winnipeg city average. It would suit first-time buyers seeking a manageable footprint, downsizers looking for a stable neighborhood, or investors interested in a property with strong relative value on its block.
A few less obvious points stand out. While the living area is modest by city standards, it ranks well on its own street, indicating the home may feel more spacious than others in the immediate vicinity. Furthermore, the lot size is generous for the street but below the neighborhood average, offering a good private outdoor space without excessive maintenance. The data suggests this is a home that punches above its weight within its micro-location, offering the benefits of a desirable street without the premium of a larger, newer build.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $322k is above the average for Mcmeans Avenue W ($285.5k) and aligns closely with the Radisson neighborhood average ($320.2k). This indicates it is a higher-valued property on its specific street.
2. Is the living space considered small?
At 936 sqft, the living area is slightly above the average for its street but below the citywide average. It represents a compact, efficient layout typical of its era, suitable for individuals, couples, or small families.
3. What is the significance of the lot size?
The 4,498 sqft lot is larger than the street average, providing good outdoor space. However, it is below the broader neighborhood average, which may mean neighboring properties on other streets have significantly larger lots.
4. When was it last sold, and for how much?
Public records indicate a sale between November 2020, with a price in the CA$250k–$300k range. For verified, exact historical sale figures, you can request a manual lookup via email from the site.
5. How does the age of the home factor in?
Built in 1959, the home is older than most on its street (average year built is 1968). Prospective buyers should budget for potential updates and maintenance common with homes of this vintage, while also appreciating its established character.