Property Overview
This 936 sqft bungalow at 127 Newman Avenue W in Winnipeg's Radisson neighborhood presents a straightforward, mid-century home built in 1959. With an assessed value of $324k, it sits squarely in the average range for its immediate street and area, offering a practical entry point into the market. Its appeal lies in its relative consistency—it doesn't stand out as exceptionally large or small for the locale, but offers a manageable footprint on a 4,499 sqft lot. This is a home that suits first-time buyers or downsizers seeking a stable, no-surprises property in an established neighborhood, where values are typical and the home itself is newer than many on its block. A thoughtful perspective is that its "average" metrics across the board can be a strength, indicating a lower risk of being over-improved or an outlier compared to neighbors, which can be appealing for those seeking long-term stability over flashy investment potential.
Frequently Asked Questions
How does the living space compare to nearby homes?
At 936 sqft, the living area is very close to the Radisson neighborhood average (1,008 sqft) and is typical for homes on Newman Avenue W. It is, however, below the citywide average, which is common for many mature neighborhoods.
Is the assessed value in line with the area?
Yes. The $324k assessment is almost identical to the average for both the street ($319.3k) and the Radisson area ($320.2k). Citywide, it's below average, reflecting the generally lower price point in this part of the city compared to newer or more central areas.
What is the significance of the 1959 build year?
Built in 1959, this home is newer than many on its street, where the average build year is 1947. This could suggest potentially fewer immediate updates related to very aged infrastructure compared to some direct neighbors.
How does the lot size impact the property?
The 4,499 sqft lot is slightly larger than the street average but below the average for the wider Radisson area. It provides a decent outdoor space typical for the street, but may not be as large as some other lots in the neighborhood.
Can I see the exact historical sold price?
The listing indicates a sold price between $250k-$300k in July 2020. The site notes that to obtain fully verified, exact sold price figures, you must request them via email, as they are not displayed publicly due to data sourcing rules.