Property Overview: 114 Newman Avenue W, Winnipeg
Key Characteristics & Appeal
This 936 sqft bungalow, built in 1958, presents a straightforward opportunity in Winnipeg's Radisson neighborhood. Its primary appeal lies in its market-aligned value and manageable scale. With an assessed value of $320k, it sits squarely at the average for both its street and immediate area, suggesting a fairly priced entry point without a premium for location or size. The home last sold in late 2020 for between $250k-$300k.
The property suits first-time buyers or downsizers seeking a practical, no-surprises home in an established community. Its living area is typical for the neighborhood but below the Winnipeg city average, appealing to those who prioritize ease of maintenance over spaciousness. The lot size, while consistent with others on Newman Avenue, is smaller than many in Radisson and across the city, which can mean less yard upkeep. A thoughtful perspective is that this home represents the "median" experience in its locale—it’s not the largest, newest, or most valuable on the block, but it offers stability and reflects the core character of the area without extreme outliers in cost or upkeep.
Frequently Asked Questions
1. Is this home priced fairly compared to its neighbors?
Based on the assessed value data, yes. Its $320k assessment is almost identical to the street ($319.3k) and neighborhood ($320.2k) averages, indicating it is valued in line with comparable nearby properties.
2. How does the size of this home compare?
At 936 sqft, the living area is very close to the Radisson neighborhood average (1,008 sqft) but is noticeably smaller than the Winnipeg citywide average (1,342 sqft). It is a comfortably sized bungalow for its immediate area.
3. What is the lot size, and is it typical?
The lot is 3,999 sqft. This is average for Newman Avenue but below the broader neighborhood average. It provides a standard residential yard for the street itself.
4. When was it last sold, and for how much?
It sold in November 2020. The public price range provided is CA$250,000–$300,000. For the exact sale price, you can request the information directly via the site's email lookup service.
5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references with similar assessed values and living areas, such as 219 Horton Avenue W (also 936 sqft, $303k assessment) and 121 Mcmeans Avenue W (936 sqft, $283k assessment), offering a clear picture of the local market.