Property Overview: 78 Tache Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 78 Tache Avenue in Norwood West is a classic, early-20th century property built in 1919. With 1,144 square feet of living space on a 4,077 sqft lot, its physical footprint is modest, especially when compared to many other homes on its street and in the established neighbourhood. This is reflected in its assessed value of $319k, which sits below the local area averages but aligns more closely with the broader Winnipeg average.
The primary appeal lies in its position as a relatively accessible entry point into a mature, central neighbourhood. For a buyer comfortable with a home of this vintage, it represents an opportunity to secure a character property without the premium price tag often commanded by larger, updated homes nearby. Its recent sale in the $400k-$450k range suggests a market value that acknowledges both its historic charm and its need for modernization.
This property would best suit a pragmatic first-time buyer, an investor, or a downsizer with a vision for gradual updates. It’s for someone who values location and lot potential over immediate move-in readiness and sees the below-average metrics not as drawbacks, but as the foundation of a value proposition. The buyer should be prepared for the realities and rewards of stewarding a century-old home.
Section 2: Frequently Asked Questions
1. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value of $319k is for municipal tax purposes. The home recently sold for between $400,000 and $450,000, which is the true market indicator and shows buyers were willing to pay a significant premium over the assessment.
2. How does the lot size impact future potential?
At just over 4,000 sqft, the lot is smaller than most in Norwood West. This likely limits possibilities for large additions or detached structures, but may still allow for a thoughtful rear extension or garden renovation, making efficient design crucial.
3. What should I consider about a house built in 1919?
Expect original building materials and systems. A thorough inspection for foundation, wiring, plumbing, and insulation is essential. While this brings potential maintenance, it also offers authentic character features rarely found in newer homes.
4. The home ranks "below average" for size and value on its street. Is that a concern?
This statistical context is important. It confirms the home is one of the more compact and modestly valued on Tache Avenue. For some, this is a disadvantage; for others, it’s precisely what makes the neighbourhood attainable.
5. Where can I get verified details on the exact sale price and history?
The provided data is compiled from public records. To obtain fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not have access to MLS sales records.