119 Edward Avenue W

Property Overview: 119 Edward Avenue W, Winnipeg

Key Characteristics & Buyer Appeal

This Radisson neighborhood home presents a clear, modern profile within an established area. Its standout feature is its age: built in 2018, it is among the newest homes on its street and in the wider neighborhood, ranking in the top 1%. This translates to modern building standards, likely greater energy efficiency, and minimal immediate maintenance concerns compared to the area's predominantly mid-century stock.

With 947 sqft of living space, the home offers a comfortable, average-sized layout for the immediate area but is notably more compact than the Winnipeg city average. The lot size of 2,999 sqft is consistently below average for the street, neighborhood, and city, suggesting a lower-maintenance yard—a potential benefit for some, and a limitation for others. Its assessed value of $329k aligns closely with local averages.

The appeal lies in acquiring a nearly new, move-in-ready property without the premium often associated with brand-new subdivisions. It suits first-time buyers or downsizers seeking modern convenience in a mature community, and practical owners who prioritize a newer home interior over a large yard. A thoughtful perspective is that this property offers a "maintenance head start," allowing the owner to defer major renovation costs typical of older homes in the area for years to come.

Frequently Asked Questions

1. How does the lot size impact the property?
The lot is smaller than most in Radisson and Winnipeg. This means less outdoor maintenance and gardening, but also limited space for expansions, large decks, or extensive landscaping. It emphasizes the property as a home-focused, rather than land-focused, purchase.

2. What does the sale history indicate?
The home sold previously in 2019 and again in late 2024. The latest sale price placed it in the top 12-18% for the local area, suggesting strong demand for its modern build in this market. The quick resale may indicate investor activity or changing owner circumstances.

3. Are there any obvious comparisons nearby?
The listing shows several nearby homes, mostly built in the 1950s-1970s, with similar or slightly larger living areas. This home’s assessed value is competitive, but its newer construction is unique. Direct comparisons are challenging, underscoring its niche as a modern home in a classic area.

4. What are the potential trade-offs of a newer home here?
While offering modern amenities, the home may have less architectural character or established tree cover than older neighbors. The smaller lot also means less privacy and outdoor space than is typical for the neighborhood.

5. How reliable is the provided sales data?
The site notes that sold prices are estimated ranges from public data, not the MLS. For exact sale figures and a verified transaction history, you must request a manual lookup from the site via email, as they do not display MLS records.