Property Overview: 104-750 Tache Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, 584 sqft condo unit in a building constructed in 2013, located in North St. Boniface. Its most defining characteristic is its size: it is among the smallest units when compared to others on Tache Avenue and in the immediate area. This translates directly to its assessed value of $218k, which is significantly below the local average for similar properties but aligns more closely with the broader Winnipeg city-wide average.
The primary appeal lies in its efficiency and modern build within a historic and desirable neighbourhood. It represents a lower-cost entry point into St. Boniface, a area known for its culture, amenities, and proximity to downtown. The building is relatively young compared to much of the city's housing stock, suggesting potentially fewer major maintenance concerns in the near term.
This property would best suit a minimalist buyer, a first-time purchaser focused on location over space, or an investor looking for a relatively modern rental unit in a high-demand area. It is not suited for those requiring multiple bedrooms, dedicated workspaces, or ample storage. A thoughtful perspective is that its below-average price for the neighbourhood may offer resilience in market downturns, but its very small size could limit its appeal to a narrower pool of future buyers or tenants.
Frequently Asked Questions
1. Why is the assessed value so much lower than other properties on the same street?
The assessed value is closely tied to the unit's living area, which is substantially smaller than the average home on Tache Avenue. You are primarily paying for a modern, low-maintenance condo in a prime location, not for square footage.
2. What does the ranking data mean for "Living Area" and "Value"?
The data shows this unit ranks at or near the bottom (e.g., 321st out of 321) for size and value within its immediate street and neighbourhood. However, city-wide, it sits around the middle for value and is newer than most homes. This highlights that it's a uniquely compact option in a local market of larger, more expensive homes.
3. How reliable is the sold price data shown?
The displayed sold price range (CA$200k–250k) is based on publicly available data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email, as industry rules prevent them from displaying MLS records directly.
4. What are the implications of buying one of the smallest units in the building?
While potentially offering the most affordable purchase price in the building, it may also appreciate at a different rate than larger units. Resale could be quicker due to the lower price point, but may also be limited to a specific buyer profile. Condo fees and property taxes, however, would likely be on the lower end.
5. Where can I see this property in context with its neighbours?
You can use the provided "Open neighbourhood map analysis" link to view the property on a map alongside nearby homes, comparing details like year built, lot size, and assessed value directly.