Property Overview
119 Harold Avenue W is a compact, 660 sqft bungalow built in 1953, situated on a roughly 4,500 sqft lot in Winnipeg's Radisson neighbourhood. Its key characteristic is its position as a more affordable entry point into the market. The home's assessed value of $239k is notably below averages for its street, area, and the wider city. This creates a specific appeal: it represents one of the lower-priced options in its immediate vicinity, offering ownership in an established neighbourhood without the premium price tag of larger, updated homes nearby.
The property would suit first-time buyers or investors seeking a straightforward, lower-cost asset. Its compact size and vintage suggest it may appeal to those comfortable with a "blank canvas" scenario, whether for simple living or future modernization. A thoughtful perspective is that its below-average metrics are precisely what make it accessible. In a market where many homes exceed area averages, this property provides a foothold. The lot size is relatively standard for the street, offering typical outdoor space for the location.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the neighbourhood average?
The assessed value reflects the home's smaller living area (660 sqft vs. a neighbourhood average over 1,000 sqft) and its older vintage compared to many area homes. Value is driven by its physical characteristics rather than its location.
2. What type of renovation or update should I expect?
Given its age (1953) and size, buyers should budget for updates consistent with a home of its era. Systems like plumbing, electrical, and the roof should be prioritized in any inspection. The interior likely offers potential for reconfiguration to improve flow and modernize the living space.
3. How does the lot size compare, and what are the implications?
At 4,499 sqft, the lot is around average for the street but below the neighbourhood average. This means the yard space is typical for Harold Avenue W, offering standard outdoor potential without being unusually large or small for the immediate block.
4. What can recent sales on the street tell me?
A nearby home at 126 Harold Avenue W (838 sqft, built 1958) recently sold for between $150k-$200k. This suggests a market for smaller, older homes on the street, though direct comparisons are limited. The provided range indicates this property sits in a similar, potentially entry-level price segment.
5. How accurate is the sold price data shown?
The site notes sold prices are based on public data, not the MLS, and are presented in broad ranges for non-members. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as they do not have access to proprietary MLS sales records.