Property Overview: 124 Horton Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 832 sqft bungalow, built in 1956, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong assessed value of $350k, which ranks significantly above average for its immediate street and the wider Radisson neighborhood. This suggests the property is perceived as a solid asset within its local context. The lot size of 4,299 sqft is fairly typical for the area, offering standard outdoor space.
The home’s living area is notably compact, ranking below average at every comparison level. This positions it not as a spacious family home, but as an efficient, manageable property. It would suit first-time buyers seeking an affordable entry into the market, downsizers looking for minimal upkeep, or investors interested in a property with a strong value foundation relative to its peers. The recent sale in late 2024 indicates active market interest at a price point that was highly competitive for the street.
A less obvious perspective is that its above-average valuation on a street of mostly smaller, older homes could indicate specific updates or a premium lot position. Its efficiency might also appeal to those prioritizing lower utility costs and property taxes over sheer square footage.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 832 sqft, the living area is below the average for Horton Avenue W (955 sqft), the Radisson neighborhood (1,008 sqft), and Winnipeg overall (1,342 sqft). It is a compact, efficient layout.
2. Why is the assessed value relatively high for the area?
With an assessed value of $350k, this home ranks in the top 9% on its street and top 15% in Radisson. This suggests factors like condition, specific improvements, or lot desirability that the municipal assessment recognizes above the area norm.
3. What was the recent sale price?
The property sold in November 2024. Publicly available data shows a sold price range between CA$350,000 and $400,000. Exact sale figures require a manual lookup request through the site.
4. Is the lot size typical?
The 4,299 sqft lot is around average for the street but below the broader neighborhood average. It provides standard outdoor space for the immediate area.
5. How old is this home compared to others?
Built in 1956, it is slightly older than the average home on its street (1959) and in Radisson (1961), placing it among the older third of homes in the neighborhood. This is typical for the area’s building period.