Property Overview: 205-770 Tache Avenue, Winnipeg
Key Characteristics & Appeal
This is a 961 sqft condominium in North St. Boniface, built in 2011. Its primary appeal lies in offering a modern, low-maintenance living space in a well-established and culturally rich neighbourhood at a relatively accessible price point. The assessed value of $275k is notably below the average for both Tache Avenue and North St. Boniface, suggesting a more affordable entry into the area. However, the living space is also smaller than most comparable units nearby. Built just over a decade ago, the property is newer than the vast majority of homes citywide, which can mean fewer immediate renovation concerns and potentially better energy efficiency.
The property would suit first-time buyers or downsizers seeking a modern condo lifestyle without the premium often attached to brand-new builds. Its value positioning makes it a practical choice for budget-conscious buyers who prioritize location and a newer building over square footage. A less obvious perspective is that this unit may offer a balance of modern amenities while being settled into the community—past the potential teething issues of a brand-new build but still contemporary.
Frequently Asked Questions
1. How does the size of this unit compare to others in the building and area?
At 961 sqft, this unit's living area is below the local average for similar properties on Tache Avenue and in North St. Boniface, where averages are around 1,180-1,186 sqft. City-wide, however, it is close to the average condo size.
2. Why is the assessed value lower than the area average?
The assessed value of $275k ranks in the top 90% on its street (meaning 90% of comparable properties have a higher assessed value). This indicates it is valued lower than most direct neighbours, which is likely influenced by its smaller square footage relative to other units in the immediate vicinity.
3. What does the sold price history indicate?
Public records show it sold between $250k-$300k in September 2023. This sale price ranked in the top 90% for the area at the time, meaning it sold for less than most comparable properties, consistent with its below-average assessment.
4. Is the building age a positive feature?
Built in 2011, the building is newer than roughly 73% of all homes in Winnipeg, which is a significant advantage. On its street and in the neighbourhood, its age is around the average, meaning it fits in with the area's stock of relatively newer condominium buildings.
5. How can I get the exact historical sold price?
The precise sale price is not publicly displayed due to industry rules. You can request the exact figure by emailing the site; they will provide a manual lookup without using your email for marketing.