113 Edward Avenue W

Radisson, Winnipeg

Property score

41.8

Below average

Overall 41.8 · Smaller and older than most nearby homes

595 sqft (bottom 1%) · Built in 1932 (29 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Below average

41% smaller than neighborhood avg.

Year Built

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 86%Tagalog · 5%

Past 10 years Radisson sales snapshot (~80% of all data)

Sold Count

495

Median price

355.9k

$/sqft

$339/sqft

Avg build year

1961

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Property score

41.8 is composed by the two sections below.

Property Score

22.4Low
Living Area8
595 sqftLow
Year Built22
1932Low
Lot Size74
5,999 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

70.8Good
Household Income81
Excellent
Education Level34
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health52
Fair

Neighbourhood Sales

Radisson

How to read: Share of sales in each ~$50k price band for “radisson” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110863

Community deep dive

$92K

Median household income

$92K

Average household income

5%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

22%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)507
Labour force participation rate66%
Median age40.4
Avg household size2.6
Unemployment rate18%
Population density3621 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households22%
Couple families with children30%
Median household income (2020)$92K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$268K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority8%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Tagalog · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
595 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Edward Avenue W
#185 / 187
Bottom 1% · Avg 1,014 sqft
Same area · Radisson
#1,328 / 1,335
Bottom 1% · Avg 1,008 sqft
Citywide · Winnipeg
#193,187 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
226k
0255075100
Same streetBottom 4%Same areaBottom 3%CitywideBottom 12%
Same street · Edward Avenue W
#179 / 187
Bottom 4% · Avg 314.2k
Same area · Radisson
#1,299 / 1,335
Bottom 3% · Avg 320.2k
Citywide · Winnipeg
#170,484 / 194,458
Bottom 12% · Avg 390.1k

Year Built

below average
1932
0255075100
Same streetBottom 6%Same areaBottom 4%CitywideBottom 18%

Lot Size

Elite
5,999 sqft
0255075100
Same streetTop 2%Same areaTop 27%CitywideTop 32%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

113 Edward Avenue W — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 406 m), 3 parks (nearest 174 m).

Search radius
🏫Education2
🌳Parks3
Worship1

Crime & Safety

Radisson · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-89%

vs. prior year

Primary type

Violent

67%

Sales History

Sold 5/2023CA$150k–200k
Sold price

Same street

Bottom 7%

Same area

Bottom 4%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 113 Edward Avenue W, Winnipeg

Property Overview: 113 Edward Avenue W, Winnipeg

Key Characteristics & Buyer Appeal

This home presents a distinct profile defined by its contrasts. Its most compelling feature is the land: at just under 6,000 sqft, the lot is significantly larger than most on the street and in the Radisson neighbourhood, offering valuable outdoor space and potential. This stands in sharp contrast to the home itself, which is notably compact at 595 sqft and is one of the older homes in the area, built in 1932. The assessed value of $226k reflects this, sitting well below local and city averages.

The appeal here is grounded in opportunity and location. It suits a specific buyer: someone seeking an affordable entry into the Winnipeg market, a hands-on individual interested in a renovation or expansion project (where the large lot is a major asset), or an investor looking for a rental property with a lower initial investment. It’s less suited for those needing immediate move-in-ready space or the largest home for the money. A thoughtful perspective is that this property represents the "bones" of a potential future home—where the value lies more in the land and the possibility it offers than in the current structure.


Frequently Asked Questions

1. Why is the assessed value so much lower than the neighbours?
The assessed value is based on the existing structure—its small size (595 sqft) and age (1932). While the land is a positive factor, the overall assessment reflects the current, modest home rather than the potential of the large lot.

2. Is the large lot a practical benefit?
Absolutely. It provides ample yard space, which is rare for the area, and offers tangible future potential. Whether for gardening, adding a garage, or even a future expansion (subject to zoning and permits), the lot is this property's standout feature.

3. What should I budget beyond the purchase price?
Given the home's age and size, buyers should realistically budget for updates. While it's habitable, systems like plumbing, electrical, or the roof may need attention. The value proposition is the land and location, with the understanding the home itself likely requires investment.

4. How does the recent sale price compare to the assessment?
The home sold between $150k-$200k in May 2023. This sale range was below the $226k assessed value, which may indicate market conditions at the time or factors related to the property's condition. It underscores the importance of a current, professional valuation.

5. Where can I get verified sale price data for this home?
The site provides sold price ranges based on public data. For the exact sale price and full transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.