Property Overview: 115 Ralph Avenue W, Winnipeg
Key Characteristics & Appeal
This is a practical, mid-century home in Winnipeg's Radisson neighborhood, built in 1960. With 994 square feet of living space, it is very typical for its immediate street and area, but sits below the citywide average for home size. The assessed value of $297k is consistently below average across street, neighborhood, and city comparisons, suggesting a potentially accessible entry point into the market.
The appeal lies in its representation of a straightforward, no-frills property. It’s not an outlier in any category—its lot size, age, and living area are all unremarkable within its local context. This can be attractive for a buyer seeking predictability and a home that aligns with the established character of the block. It would suit a first-time buyer or an investor looking for a stable, average-priced asset in a mature neighborhood, rather than someone seeking a standout feature like a massive lot or a newly built home. A thoughtful perspective is that its "average" metrics within the immediate area could indicate lower volatility and less risk of being over-improved relative to nearby homes, offering a sense of stability.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $200k-$250k in mid-2016. Current assessed value is below the street's average. For precise, verified sale prices of this and comparable nearby properties, you can request a manual lookup via email.
2. Is the living space smaller than most Winnipeg homes?
Yes. At 994 sqft, it is below the Winnipeg citywide average of 1,342 sqft for comparable homes. However, it is very close to the averages for both Ralph Avenue W (1,019 sqft) and the Radisson neighborhood (1,008 sqft).
3. What is the lot size, and is it typical?
The lot is 4,399 sqft. This is average for the street but below the broader neighborhood average, meaning yards on this specific block tend to be more uniform in size.
4. Are homes on this street similar in age?
Yes. The average year built on Ralph Avenue W is 1960, making this home perfectly typical for the street. The neighborhood and city averages are also from the same early-1960s era.
5. Where can I see how this property compares visually to its neighbors?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, lot size, and assessed value.