Property Overview: 122 Larche Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a solid, value-oriented opportunity in Winnipeg's Radisson neighborhood. Built in 1973, its key appeal lies in offering above-average space and value within its immediate locale. With 1,032 sqft of living area, it is notably larger than most homes on its street and sits comfortably above the neighborhood average. This makes it a practical choice for those seeking more room without a premium city-wide price tag.
The assessed value of $346k reflects its strong standing locally—it ranks above average for both the street and the broader Radisson area. This suggests a property that is well-aligned with its community's market, potentially offering stability. The lot size is standard for the area, providing typical outdoor space.
This home would best suit pragmatic buyers, such as first-time homeowners or small families, who prioritize space and value within a specific community over a newer build or a larger city-wide lot. It’s for someone who recognizes that a home can be a standout on its own street while being a modest player city-wide, offering a smart entry into a stable neighborhood.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It offers more living space than most on its street. At 1,032 sqft, it ranks in the top 11% on Larche Avenue W, where the average is 859 sqft.
2. Is the assessed value high for the area?
The $346k assessment is above the local averages for both the street ($306k) and the Radisson neighborhood ($320.2k), indicating it is considered a higher-value property within its immediate community.
3. What does the "Elite" ranking for year built mean?
While the home was built in 1973, it is considered "Elite" within Radisson because it is newer than 95% of comparable homes in the neighborhood, where the average year built is 1961.
4. What can recent sales tell us about the price?
A very similar home at 152 Larche Avenue W (same year, same size) recently sold with an assessed value of $377k. This home last sold in September 2022 for between $350k and $400k.
5. How can I find out the exact past sale price?
The site provides sold price ranges. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.