Property Overview
This 720 sqft home at 499 Radford Street in Winnipeg's Robertson neighborhood is a compact, post-war property built in 1950. Its key characteristic is its modest scale, with a living area significantly below averages for the street, neighborhood, and city. However, its assessed value of $252k is firmly in line with local benchmarks on Radford Street and in Robertson, suggesting the price reflects the home's size within its established context. The lot size is also typical for the area. The home last sold between 2017-2022 for an estimated $150k-$200k, a price point that performed well against broader market comparisons.
Appeal & Ideal Buyer
The primary appeal lies in attainable entry-level homeownership in a mature neighborhood. It suits buyers seeking a lower-priced foothold in the market, such as first-time purchasers, investors looking for a rental property, or downsizers comfortable with a smaller footprint. A thoughtful perspective is that this home represents the "baseline" for the area—it’s not competing on size or luxury, but on location and fundamentals. For the right buyer, its below-average size translates to lower property taxes, reduced maintenance, and potentially greater efficiency than larger, older homes in its price range elsewhere.
Frequently Asked Questions
1. Is this house unusually small?
Yes, at 720 sqft, it is notably smaller than most comparable homes in Winnipeg, ranking in the top 5% smallest city-wide. However, on its own street and in Robertson, while still below average, the difference is less extreme.
2. Is the asking price fair for a home of this size?
The assessed value is very close to the street and neighborhood averages, indicating that, locally, the price aligns with expectations. The value is in the land and location more than the living space.
3. What is the neighborhood like?
Robertson is a central, mature neighborhood. The provided comparable properties on Radford and Dalton Streets show a mix of similar-sized homes from the same era, suggesting a consistent, established streetscape.
4. When did it last sell and for how much?
Records indicate a sale between 2017 and 2022 for an estimated $150,000 to $200,000. For verified, exact sale figures, you must request a manual lookup from the site via email.
5. Could this be a good investment property?
Potentially. Its lower price point and typical lot size for the area could appeal to investors seeking a rental property with a manageable entry cost, assuming the numbers work for the local rental market.