Property Overview: 107 Larche Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This Radisson neighborhood home presents a compelling mix of modern convenience and generous outdoor space. Built in 2005, it is a notably newer construction compared to most homes on its street and in the wider area, suggesting updated building systems and less immediate need for major renovations. With a living area of 803 sqft, the interior is efficient and manageable, ideal for those seeking a low-maintenance lifestyle without the upkeep of a larger house.
The property’s standout feature is its expansive 8,145 sqft lot, which ranks in the top tier for the neighborhood. This offers significant potential for gardening, outdoor recreation, or future expansion, a rare find in a newer home. Despite its modest square footage, the home carries an assessed value that ranks in the elite tier for both its street and Radisson, indicating it is perceived as a premium property within its immediate context. This combination suits first-time buyers or downsizers who prioritize a modern, move-in-ready home but don’t want to compromise on yard space. It also appeals to value-focused investors or buyers who understand that a newer build on a large lot in an established area can represent a unique long-term asset.
Section 2: Frequently Asked Questions
1. Is the house too small given its assessed value?
The assessed value reflects more than just living space. It captures the premium for a much newer home (2005 vs. a 1972 street average), a lot size that is over 50% larger than the street average, and its standing as one of the most modern properties in the entire Radisson area.
2. What does the "elite" assessed value ranking mean for property taxes?
While an "elite" ranking compared to nearby homes suggests a higher valuation, your actual property taxes are based on the mill rate and this specific assessed value ($384k). It’s wise to budget for taxes commensurate with a premium property in this specific neighborhood.
3. Why is there no sales history shown for this listing?
Public sales records for this specific property may not be readily available in the source database. The site offers a manual lookup service to obtain exact historical transaction figures directly via email.
4. How does the living area compare to nearby reference properties?
At 803 sqft, the home is cozier than some neighboring houses (e.g., 1032 sqft at 152 Larche W). However, it trades that interior space for a newer build and a significantly larger lot, representing a different lifestyle priority.
5. What is the potential for adding on to the house in the future?
The large lot is a major asset for potential expansion. Any addition would require checking with the City of Winnipeg for zoning bylaws, setback requirements, and obtaining the necessary permits, but the land size provides a clear opportunity not found with standard-sized lots.