Property Overview: 506 Radford Street, Winnipeg
Key Characteristics & Appeal
This 1951 home on Radford Street presents a practical and well-situated option in Winnipeg's Robertson neighborhood. With 917 square feet of living space, it is notably larger than most other homes on its street, offering above-average roominess for the immediate area. The assessed value of $245,000 is positioned below both the neighborhood and city averages, suggesting a potentially accessible entry point into the market.
The appeal lies in its context. This is a home that stands out positively on its own block but is priced within a more affordable tier when viewed against the wider city. It suits first-time buyers or pragmatic investors seeking a functional property without a premium price tag. The lot size is consistent with the local area, providing standard outdoor space without extensive maintenance demands. A thoughtful perspective for a buyer is to value its street-level standing—owning one of the larger, slightly newer homes on the block can be a relative advantage in a stable, established area.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 917 sqft, the living area is larger than the average home on Radford Street (869 sqft) and is competitive within the Robertson neighborhood. It is, however, below the citywide average for comparable homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $245,000 is a municipal calculation for tax purposes. Market conditions ultimately determine sale price. Notably, this assessment is below the averages for both the Robertson area and Winnipeg overall.
3. What is the history of recent sales on this street?
A nearby property with a similar assessed value sold between $200,000 and $250,000 in May 2023. For fully verified sales history and exact figures, you must request a manual lookup via email, as this site does not display MLS sold records.
4. How does the year built affect this property?
Built in 1951, it is slightly newer than the average home on its street. Buyers should factor in the potential for updates or systems replacements common for homes of this era.
5. Who would this property suit best?
It is well-suited for a first-time homebuyer or an investor looking for a straightforward, lower-priced property in an established neighborhood. Its above-average size for the street offers good utility, while its below-average citywide value indicates a cost-effective purchase.