Property Overview: 119 Horton Avenue W, Winnipeg
Key Characteristics & Appeal
This 884 sqft bungalow in Radisson, built in 1956, presents a practical and value-focused opportunity. Its primary appeal lies in its financial positioning rather than its size. While the living space and lot (3,999 sqft) are below area averages, the home’s assessed value of $335k is notably above the street average and aligns with the neighborhood average. This suggests the property is valued efficiently for what it offers, potentially due to factors like condition, updates, or its specific location on the street.
It’s a home that suits pragmatic buyers: first-time homeowners seeking an affordable entry into the Winnipeg market, investors looking for a rental property with a sensible assessment ratio, or downsizers who prioritize manageability over square footage. The data indicates you’re buying a smaller, older home on a modest lot, but one that holds its value well within its immediate context. It’s a choice for those who see a solid foundation over flash, where the numbers tell a story of stability rather than standout size or newness.
Frequently Asked Questions
1. Is the living area too small?
At 884 sqft, it is below the average for the street, neighborhood, and city. It would best suit individuals, couples, or small families comfortable with efficient living spaces.
2. Why is the assessed value higher than the street average?
The home is assessed at $335k against a street average of $315k. This can be due to a variety of factors, including recent updates, better overall condition, or a more desirable placement on the block compared to immediate neighbors.
3. What can the past sale prices tell me?
The home sold in 2020 and 2017, with prices placing it in the middle to upper ranges for the area at those times. This history shows consistent market activity and can be a useful benchmark, but for exact sale figures, a manual lookup is required.
4. How does the lot size impact potential?
The lot is under 4,000 sqft, which is smaller than many in Winnipeg. This means less yard maintenance but may also limit expansion possibilities like large additions or pools, depending on zoning.
5. Where can I get verified sale price history?
The site provides estimated price ranges. For fully verified and exact sold prices, you must request a manual lookup via email, as this data is not sourced from the MLS.