Property Overview
This condominium at 302-180 Tuxedo Avenue offers a compelling blend of space, value, and location. Its primary appeal lies in its generous 1,820 sqft layout, which ranks within the top tier for size both in its immediate neighborhood and across Winnipeg. Built in 1988, the unit is well-maintained relative to its peers. The assessed value positions it as a premium property in the broader city market, yet it remains competitively priced within the desirable Edgeland area. This home would suit buyers looking to downsize from a larger house without sacrificing significant living space, or professionals seeking a spacious, low-maintenance residence in a established neighborhood. It’s particularly suited for those who value square footage and a solid investment profile over a brand-new build.
Key Details & Questions
What are the key characteristics?
The unit is notable for its above-average living space (1,820 sqft), placing it in the top 2% citywide for size. Its assessed value of $58,600 is in the top 1% citywide, indicating a high-value property. It is part of a condominium complex built in 1988.
Where does its main appeal lie?
Its appeal is rooted in the rare combination of expansive interior space for a condo and a strong value assessment within a sought-after neighborhood. It offers a "house-like" feel with the convenience of condo living.
Who is this property best suited for?
It is ideal for empty-nesters, downsizers, or buyers who prioritize spacious interiors over a newer build. It also suits investors or buyers looking for a condominium with a strong and stable value history in the Winnipeg market.
Frequently Asked Questions
1. What is the condo fee, and what does it cover?
This information is not provided in the available data. A direct inquiry with the listing agent or property management is necessary to obtain the current monthly fee and a detailed breakdown of amenities and expenses covered (e.g., building insurance, exterior maintenance, reserve fund contributions).
2. How has the property's value changed over time?
The available sales history shows sales in 2016 (~$680k), 2020 ($57,500), and 2022 ($57,800). The significant drop after 2016 may reflect a market correction or a unique circumstance at that time, while the stable prices in 2020 and 2022 suggest recent value consistency. The current assessed value is $58,600.
3. Is the unit updated, or would it require renovations?
The data does not specify the condition or updates inside the unit. Given the building's age (1988), prospective buyers should be prepared to inquire about the age of major components like kitchen appliances, bathrooms, flooring, and in-suite HVAC, and to budget for potential updates to suit personal taste.
4. What is the parking situation?
The details are not included here. It is crucial to confirm the number and type of parking spots (e.g., underground, surface, dedicated) included with the unit, as well as visitor parking availability.
5. How is the soundproofing between units?
This is a critical but often overlooked question for condo living, especially in a building of this era. While the data cannot answer this, buyers should seek feedback from current residents or the property manager on noise transmission and building construction standards.