Property score
40.4
Below average
Overall 40.4 · Smaller and older than most nearby homes
600 sqft (bottom 1%) · Built in 1924 (37 yrs older than avg)
Located in a above-average income area with median household income of ~83k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 4 parks, 1 sports facility, and 1 place of worship nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Below average
37 yrs older than neighborhood avg.
Mother tongue
English · 81%Tagalog · 5%
Past 10 years Radisson sales snapshot (~80% of all data)
495
355.9k
$339/sqft
1961
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40.4 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110830
$83K
Median household income
$86K
Average household income
10%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
27%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
117 Ralph Avenue W — 9 amenities found within 500 m, across 4 categories, including 3 education (nearest 332 m), 4 parks (nearest 311 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 11% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 117 Ralph Avenue W, Winnipeg
Key Characteristics & Appeal
This is a compact, century-old home in Winnipeg's Radisson neighborhood, presenting a clear value-oriented opportunity. Its primary appeal lies in its position as one of the most affordable entry points into the city's housing market. With a living area of 600 sqft and an assessed value significantly below area averages, it stands out for its low financial barrier to entry.
The home suits specific buyer profiles perfectly. It is an ideal candidate for a first-time buyer prioritizing ownership over size, or an investor seeking a straightforward rental property with lower upfront capital. Its smaller scale also suggests potentially lower utility and maintenance costs, a practical consideration often overlooked. A thoughtful perspective is that this property represents a "blank slate" opportunity; its below-average metrics in size, value, and year built could allow a buyer to add value through efficient renovations or an addition, potentially improving its standing relative to the neighborhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value reflects the property's smaller size (600 sqft), older age (built in 1924), and more compact lot relative to most homes in Radisson and across Winnipeg. It is priced for its current condition and scale.
2. What does the "Top 99%" ranking for living area mean?
This statistic indicates that 99% of comparable homes in the Radisson neighborhood are larger. It directly highlights this property's compact nature, which is a key factor in its affordability.
3. How reliable is the listed sold price range from 2021?
The sold price range is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup via email from the site.
4. Is there potential to expand this home?
The lot size, while below the neighborhood average, may offer some scope for an addition or expansion, subject to local zoning bylaws. This is a common consideration for buyers of smaller, older homes looking to add long-term value.
5. Who would this property not be suitable for?
It would likely not suit buyers requiring multiple bedrooms, ample living space, or a modern home without renovation plans. It is geared toward those comfortable with a smaller footprint and potentially older home characteristics.
