Property Overview: 405-770 Tache Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a 961 sqft condominium in North St. Boniface, built in 2011. Its key appeal lies in its position as a modern, lower-maintenance home in a well-established and desirable neighbourhood. The data presents a property of contrasts: while its living space and assessed value are below average for its immediate street and neighbourhood, they are close to or above the wider Winnipeg average. This suggests you are acquiring a relatively modern (top 27% city-wide for age) and efficiently sized unit in a prime area, often at a more accessible price point than larger single-family homes nearby.
The unit would suit first-time buyers seeking an entry into St. Boniface, downsizers looking to maintain a neighbourhood connection without the upkeep of a house, or investors attracted to a newer build in a stable rental market. A thoughtful perspective is that buying "below average" for the street but "above average" for the city can represent strategic value—gaining the neighbourhood's amenities and charm without paying the premium for its largest or most expensive properties.
Section 2: Frequently Asked Questions
1. Is this unit a good value compared to others in St. Boniface?
The data indicates its assessed value is below the neighbourhood average. This could represent a value opportunity, but it's essential to view the unit in person and understand the specific reasons, which could include its size, layout, orientation, or condo fees.
2. How does the living area feel for a condo under 1,000 sqft?
At 961 sqft, it is more compact than many homes on Tache Avenue but is very close to the Winnipeg citywide average for comparable properties. Efficiency of layout will be crucial, making a viewing highly recommended to see if the space meets your needs.
3. What does the sold price history tell us?
Public records show it last sold between $250k-$300k in August 2023, a price that ranked in the top 28% city-wide. This indicates strong citywide value for a property of this type, but it traded at a lower range relative to its own neighbourhood at that time.
4. The building seems large. What should I ask about?
With many units at 770 Tache Avenue, inquire about the condo corporation's financial health, reserve fund study, and rules. Understanding the makeup of owner-occupants versus renters and the building's maintenance history is also key.
5. How can I get the exact past sold prices?
Due to industry regulations, exact MLS sold prices are not published on this site. You can request the full, verified transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.