Property Overview: 422 Radford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1950-built home in Robertson presents a solid, value-conscious entry into the Winnipeg market. With 900 sqft of living space, it is notably above average for its street but more compact compared to the typical city home. Its primary appeal lies in its strong positioning within its immediate community. The assessed value of $268k ranks well above the street average, suggesting it is perceived as a higher-quality asset on its block. This indicates a property that likely offers good upkeep and relative desirability in its micro-location.
The lot size is slightly smaller than others on the street, which could mean lower maintenance, while the home's age is typical for the area. This property would suit first-time buyers or practical investors looking for a manageable, well-situated home in an established neighborhood without the premium of a larger, newer city-wide average home. Its appeal is one of sensible scale and street-level outperformance rather than standout size or modern features.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is above the average for Radford Street, ranking in the top 17%. This suggests it is considered a higher-value property on its own block compared to direct neighbors.
2. Is the living space typical for Winnipeg?
No. At 900 sqft, the living area is below the Winnipeg average of approximately 1,342 sqft for comparable homes. However, it is above the average for its specific street, making it a relatively spacious option in its immediate vicinity.
3. What can the past sale prices tell me?
The provided sale price ranges from 2017 show it sold in a higher percentile locally, indicating strong demand on its street at that time. For exact historical sale figures, a manual lookup via the site’s email request service is needed.
4. How does the lot size impact the property?
The land area is slightly below the street average. This often translates to less yard maintenance, which can be a practical benefit, but may offer less outdoor space for expansion or gardening compared to some neighbors.
5. Why is the city-wide ranking for value much lower?
The home’s assessed value ranks lower city-wide because it is compared to all Winnipeg properties, including those in newer suburbs or more affluent areas with significantly higher average values. Its strength is primarily within its local, established neighborhood context.