Property Overview: 504-680 Tache Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-sized, modern condominium in North St. Boniface, built in 2015. With 1,235 square feet of living space, it offers more room than the average Winnipeg home and is competitively sized for its immediate area. The property’s standout feature is its value positioning. Its assessed value of $480k places it within the top 3% city-wide, indicating a premium property in the broader market, yet it remains more aligned with above-average homes within its own desirable neighborhood and street. This suggests you are acquiring a asset that has outperformed most of the market. The unit sold in late 2024 for an estimated $500k-$550k.
The appeal lies in securing a relatively new, low-maintenance home in a established neighborhood without sacrificing space. It suits buyers looking for a modern build who want to avoid the risks and wait of a new construction project, as well as those who value a property with a demonstrated strong market value relative to the entire city. It’s a practical choice for professionals or downsizers seeking comfort, convenience, and a solid investment footprint in a prime location.
Frequently Asked Questions
1. How does this property’s value compare to its neighbors?
Its assessed value is above average for both Tache Avenue and North St. Boniface (top 14% in both), meaning it is a higher-tier property within an already desirable area, not just an average unit.
2. Is the living space typical for a condo here?
Yes. At 1,235 sqft, it is slightly above the average for the street and neighborhood, and significantly larger than the Winnipeg citywide average for comparable homes, offering more interior space than most.
3. What does the sold price data indicate?
The late 2024 sale in the $500k-$550k range placed it in the top 2% of Winnipeg sold prices and top 16-18% for its area, confirming its premium market position.
4. How can I get the exact historical sold price?
Due to industry data rules, exact MLS sold prices are not published on the site. You can request the exact figure via email from the provider for a manual lookup.
5. The year built (2015) is listed as "above average." Why is that significant?
While 2015 is newer than most Winnipeg homes, it’s notably close to the average build year on its street (2014). This indicates the building is part of a modern wave of development in the area, offering contemporary amenities while being situated in a cluster of similarly aged properties.