Property Overview: 113 Thom Avenue W, Winnipeg

Key Characteristics & Appeal

This 809 sqft home in Radisson presents a practical, entry-level opportunity in the Winnipeg market. Its primary appeal lies in its relative affordability, with an assessed value of $274k that sits below both neighborhood and city averages. The home is notably newer than many in the immediate area, built in 1974, which may suggest fewer concerns with aging infrastructure common in older builds.

The property suits first-time buyers or investors seeking a lower-cost foothold in the city. Its smaller living space and modest 3,000 sqft lot translate to lower maintenance and utility costs, a trade-off for those prioritizing budget over size. A thoughtful perspective is that while the home ranks below average in size at every level, its value ranking on its own street is closer to the median. This indicates you're purchasing a competitively priced property within its most direct comparison group, not an outlier. The last known sale was between 2017-2022 in the $200k-$250k range, providing context for its current valuation.

Frequently Asked Questions

1. Is this a good value for the area?
The assessed value is below the averages for Radisson and Winnipeg overall. On its own street, however, it ranks near the middle, suggesting its price is competitive with its immediate neighbors.

2. What are the main compromises with this property?
The living area is compact, approximately 25% smaller than the average home on Thom Avenue W. The lot is also smaller than most in the neighborhood, which limits outdoor space but can mean less yard work.

3. How does the year built affect this home?
Built in 1974, it is newer than most homes in Radisson. This can be an advantage, potentially meaning updated building materials and systems compared to the neighborhood's many 1960s-era homes.

4. What can the past sale price tell me?
It last sold for an estimated $200k-$250k around 2017-2022. The increase to the current $274k assessment gives an indication of market appreciation over that period.

5. How can I get the exact historical sale prices?
The provided data shows estimated price ranges. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not publish MLS data directly.