129 Edward Avenue W

Radisson, Winnipeg

Property score

37.4

Below average

Overall 37.4 · Smaller and older than most nearby homes

520 sqft (bottom 1%) · Built in 1922 (39 yrs older than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 4 parks, and 1 place of worship nearby

Living Area

Below average

48% smaller than neighborhood avg.

Year Built

Below average

39 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

37.4 is composed by the two sections below.

Property Score

15.1Low
Living Area8
520 sqftLow
Year Built20
1922Low
Lot Size28
2,999 sqftLow
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
520 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Edward Avenue W
#186 / 187
Bottom 1% · Avg 1,014 sqft
Same area · Radisson
#1,333 / 1,335
Bottom 1% · Avg 1,008 sqft
Citywide · Winnipeg
#194,040 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
194k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 7%
Same street · Edward Avenue W
#185 / 187
Bottom 1% · Avg 314.2k
Same area · Radisson
#1,327 / 1,335
Bottom 1% · Avg 320.2k
Citywide · Winnipeg
#180,003 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1922
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 14%

Lot Size

below average
2,999 sqft
0255075100
Same streetBottom 4%Same areaBottom 7%CitywideBottom 11%

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

129 Edward Avenue W — 7 amenities found within 500 m, across 3 categories, including 2 education (nearest 339 m), 4 parks (nearest 174 m).

Search radius
🏫Education2
🌳Parks4
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 6/2024CA$150k–200k
Sold price

Same street

Bottom 2%

Same area

Bottom 2%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 129 Edward Avenue W, Winnipeg

Property Overview: 129 Edward Avenue W, Winnipeg

Key Characteristics, Appeal & Ideal Buyer

This home is defined by its compact size and significant price advantage within the Radisson neighborhood. At 520 sqft with an assessed value of $194k, it stands well below area averages for both living space and price. Built in 1922, it is notably older than most surrounding homes. The lot size is also smaller than typical.

Its primary appeal lies in being one of the most accessible entry points into the Winnipeg market, offering an extremely low barrier to ownership. The recent sale price (estimated between $150k-$200k) confirms this value positioning. It suits pragmatic first-time buyers or investors seeking a straightforward, low-cost holding. Its age and size mean it is not for those needing ample space, but it represents a clear opportunity for someone comfortable with a modest footprint or viewing it as a strategic starting asset. A less obvious perspective is that its consistent "below average" ranking across all metrics creates a predictable and stable tax assessment base, insulating the owner from the sharper value increases—and corresponding tax hikes—seen in larger, renovated homes nearby.

Frequently Asked Questions

1. Why is this home valued so much lower than others on the street?
The combination of its significantly smaller size (520 sqft vs. a street average over 1,000 sqft), older age (1922), and smaller lot contribute to its lower assessed and market value compared to neighbors.

2. What should I consider due to the home's age?
A home built in 1922 will likely require a diligent inspection focusing on the foundation, plumbing, electrical systems, and insulation. While it may have been updated, budgeting for ongoing maintenance and potential upgrades is prudent.

3. Is this a good investment property?
Given its low entry cost, it could offer a manageable path to ownership for a landlord. However, the small size will limit the rental demographic and potential income. Its value may appreciate more slowly than larger properties but could be less volatile.

4. How accurate is the sold price range shown?
The site provides an estimated range based on public data, not official MLS records. For the exact sale price and history, you must request a manual lookup via email from the service.

5. The data shows it ranks near the bottom for almost every metric. Is that a bad sign?
Not necessarily. It accurately reflects the home's physical characteristics compared to others. For the right buyer, this is the source of its affordability. It indicates you are purchasing a basic, no-frills property in the area, not one with premium features or space.