Property Overview: 166 Larche Avenue E
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1968, situated on a standard-sized lot in Winnipeg's Kildare-Redonda neighborhood. With 816 square feet of living space, it is smaller than the average city home but is typical for its immediate street. A key feature is its renovated basement, which adds functional space, and the property includes a detached garage. The home’s assessed value is consistently around the average for its local area, indicating a stable, mid-range valuation.
The primary appeal lies in its practicality and location. It represents an efficient, lower-maintenance footprint ideal for first-time homebuyers, downsizers, or investors seeking a straightforward rental property. The renovated basement is a significant value-add, offering flexibility for a recreation room, home office, or additional storage. A thoughtful perspective is that its "average" metrics across the board—for value, lot size, and even age within the broader neighborhood—suggest it is a quintessential, no-surprises property in this community. It suits a buyer looking for an affordable entry into the market without the premium price of a larger or newly built home, who values functional updates over sheer size.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others in the area?
At 816 sqft, the living area is slightly below the average for the wider Kildare-Redonda neighborhood but is quite typical for homes directly on Larche Avenue E itself.
2. What is the significance of the assessed value being "around average"?
The assessed value is close to the median for the street, neighborhood, and city. This generally indicates the property is not over- or under-valued compared to its peers, providing a stable baseline for property taxes and market price.
3. The home was built in 1968. Is that older than most on the street?
Yes. The home is among the older 8% of properties on Larche Avenue E, where most homes were built closer to 1972. However, it aligns with the typical age of homes across the city.
4. What can you tell me about past sale prices?
Public records show a sale in June 2017 in the range of $22.5k to $25.5k. For precise historical sale prices, you can request the exact figures via email from the listing source.
5. Does the property have any standout features?
The renovated basement is the primary interior upgrade, adding immediate utility. The detached garage and a lot size just under 5,000 sqft are standard for the area but provide essential off-street parking and outdoor space.