Property Summary: 478 Radford Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 900 sqft bungalow, built in 1950 on a 4,101 sqft lot, presents a solid, no-surprises home in Winnipeg's Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate context. While its size is below the Winnipeg city average, it ranks above average for living space and assessed value on its own street. This indicates a well-kept property that stands out positively among its closest neighbors.

The home suits practical, value-conscious buyers—particularly first-time homeowners or downsizers—who prioritize community stability over sheer square footage. It offers the space and lot size typical for the area, providing a comfortable entry point into homeownership without the premium of a newer or larger city-wide property. A thoughtful perspective is its potential as a "relative value" play: you're acquiring an asset that outperforms its direct peers, which can be a stabilizing factor in neighborhood market fluctuations. It’s a home for someone who values a sense of place on a specific street over competing with city-wide averages.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to nearby sales?
Based on available data, the home last sold between $200,000 and $250,000 in mid-2020. Its current assessed value of $268,000 is above the street average, suggesting municipal assessment recognizes its condition or features relative to neighbors.

2. Is the living space sufficient for a small family?
At 900 sqft, the living area is above the average for Radford Street but below the Winnipeg average. It would be a comfortable fit for a couple, a small family, or an individual, typical of many well-established neighborhood homes.

3. What does the "Below Average" city-wide ranking mean?
This is a relative comparison. While the home ranks below the Winnipeg average for size, value, and lot size, it's crucial to note it performs significantly better within its own neighborhood and street. This highlights its local competitiveness rather than city-wide standing.

4. Are exact past sold prices available?
The public listing shows sold price ranges. To obtain exact historical sale figures, a manual lookup through the site’s service is required, as MLS data is not displayed.

5. What are the likely maintenance considerations given the age?
Built in 1950, the home is around the neighborhood average age. Prospective buyers should budget for updates and maintenance consistent with a mid-20th century property, such as roofing, windows, or mechanical systems, though its above-average assessed value may reflect some prior updates.