Property Overview: 120 Edward Avenue W, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home in the Radisson neighborhood, built in 1959. With 1,001 square feet of living space on a 4,898 sqft lot, its size is very typical for its immediate street and area, offering a comfortable footprint without being oversized. The home’s standout characteristic is its assessed value of $343k, which ranks above average for both the street and the broader Radisson area. This suggests it is perceived as a solid, valuable property within its local context, even though it sits around the citywide average.
The appeal lies in its position as a consistent, benchmark home in a mature neighborhood. It’s not an outlier in size or lot, but it holds its value well locally. It would suit a first-time buyer or downsizer looking for a manageable, no-surprises property in a settled community. It also presents a practical option for an investor seeking a stable rental property with proven value retention in the area. A thoughtful perspective is that its "average" specs on the street indicate a lower risk of over-improvement for the area, which can be a financial advantage.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $250k-$300k in May 2017. Its current assessed value ($343k) is above the street's average, indicating strong appreciation. For exact, verified sale prices of this and comparable nearby homes, you can request a manual lookup via email.
2. Is the living space smaller than most Winnipeg homes?
Yes, at 1,001 sqft, it is below the Winnipeg citywide average for comparable homes (1,342 sqft). However, it is squarely average for the Radisson neighborhood and Edward Avenue W itself, where typical homes are in the 1,000-1,014 sqft range.
3. What does the "Around Average" ranking for Year Built mean?
Built in 1959, this home is of a very typical vintage for its surroundings. Most comparable homes on the street were built in the same year, and the neighborhood average is 1961. Buyers should expect the maintenance and update considerations common to homes of this era.
4. Is the lot size a constraint?
The lot is slightly below the Radisson neighborhood average but is very close to the average for Edward Avenue W. It provides a standard-sized urban yard for the specific location. It is smaller than the citywide average, which includes newer suburban developments.
5. Why are only sold price ranges shown, and how do I get the exact figure?
To comply with industry rules, the site does not display MLS sold records. Approximate price bands are provided from public data. For fully verified, exact historical sale prices, you must request a manual email lookup from the site team.