Property Overview: 158 Larche Avenue E, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1968, offering 833 square feet of living space with a renovated basement and a detached garage. Its appeal lies in its efficient, manageable size and its position as a solid, average-value property within its established Kildare-Redonda neighbourhood. The lot is a standard city size at just under 5,000 square feet.
The home suits first-time buyers or downsizers looking for an entry point into the Winnipeg market without the maintenance of a larger property. Its renovated basement adds functional living space, making the total footprint more versatile than the main floor area alone suggests. A thoughtful perspective is that while the home is below average in size for the city overall, it is quite typical for its specific street and area, indicating a neighbourhood character of modest, well-kept homes. The assessed value is consistently around the average mark at every comparison level—street, area, and city-wide—which suggests a stable, predictable valuation without unexpected premiums or discounts.
Frequently Asked Questions
1. How does the home's size compare to others?
At 833 sqft, the living area is slightly below the average for the broader city, but it is very close to the average for both Larche Avenue E and the Kildare-Redonda area. This indicates the home is typical for this specific community.
2. What is the significance of the assessed value?
The assessed value of $33,300 is consistently around the middle range when compared to homes on the same street, in the area, and across Winnipeg. This suggests the property is valued in line with market norms for its type and location.
3. When was it last sold and for how much?
The home was sold in March 2019. The exact sale price is available upon request, but public data indicates it sold within a range that placed it above the median sale price for comparable properties at the time.
4. What are the less obvious considerations for a home of this age?
Built in 1968, this home is older than most on its specific street. Buyers may want to inquire about the scope and permits for the basement renovation, and consider the age and condition of core systems like plumbing, electrical, and the roof, which may be due for updates even if functionally sound.
5. What is the potential based on the lot?
The lot is a standard residential size. There are no immediate indicators of unusual development potential, but the detached garage and typical yard space offer standard options for parking, storage, or outdoor living.