135 Larche Avenue E

Kildare-Redonda, ਵਿਨੀਪਿਗ

Property score

40.9

Below average

Overall 40.9 · Smaller and older than most nearby homes

480 sqft (bottom 1%) · Built in 1946 (20 yrs older than avg)

Located in a above-average income area with median household income of ~78.5k

Transit 62.0 · 5-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

50% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

20 yrs older than neighborhood avg.

Mother tongue

English · 85%Chinese · 1%

Past 10 years Kildare-Redonda sales snapshot (~80% of all data)

Sold Count

722

Median price

355.5k

$/sqft

$372/sqft

Avg build year

1966

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Property score

40.9 is composed by the two sections below.

Property Score

23.6Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ5
480 sqftLow
ਤਰੀਕ ਤੋਂ ਬਣਿਆ30
1946Low
ਜ਼ਮੀਨ88
7,396 sqftExcellent
Neighbourhood Sales Activity28
Low

Community Score

66.8Good
Household Income76
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health83
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Kildare-Redonda

How to read: Share of sales in each ~$50k price band for “kildare-redonda” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110844

Community deep dive

$79K

Median household income

$84K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

23%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)370
Labour force participation rate72%
Median age40.4
Avg household size2.4
Unemployment rate7%
Population density2846 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households23%
Couple families with children23%
Median household income (2020)$79K

Housing

Renter households21%
Condominium dwellings0%
Median dwelling value (owners)$270K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority6%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
480 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 1%
Same street · Larche Avenue E
#125 / 125
ਹੇਠਲੇ 1% · ਔਸਤ 859 sqft
Same area · Kildare-Redonda
#2,177 / 2,178
ਹੇਠਲੇ 1% · ਔਸਤ 966 sqft
Citywide · ਵਿਨੀਪਿਗ
#194,247 / 194,458
ਹੇਠਲੇ 1% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
222k
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 12%
Same street · Larche Avenue E
#125 / 125
ਹੇਠਲੇ 1% · ਔਸਤ 306k
Same area · Kildare-Redonda
#2,146 / 2,178
ਹੇਠਲੇ 1% · ਔਸਤ 315.2k
Citywide · ਵਿਨੀਪਿਗ
#171,856 / 194,458
ਹੇਠਲੇ 12% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1946
0255075100
Same streetਹੇਠਲੇ 2%Same areaਹੇਠਲੇ 2%Citywideਹੇਠਲੇ 23%

ਜ਼ਮੀਨ

ਇਲੀਟ
7,396 sqft
0255075100
Same streetਟਾਪ 13%Same areaਟਾਪ 4%Citywideਟਾਪ 14%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

135 Larche Avenue E — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 222 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

Kildare-Redonda · WPS public data · 2026

Annual incidents

10

2026

vs. city avg

-66%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

40%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

3/2025 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 17%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 8%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 11%

Related homes

ਵਿਨੀਪਿਗ 135 Larche Avenue E — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview

This is a modest, one-storey home built in 1946, situated on a surprisingly large lot in Winnipeg's Kildare-Redonda neighbourhood. Its primary appeal lies not in the house itself, which is notably small at 480 sqft and has an unrenovated basement, but in the significant land it occupies. With a lot size of over 7,300 sqft, the property ranks in the top tier for land area both locally and city-wide. The most recent sale was in March 2025 for approximately $18.5k–$21.5k, consistent with its low assessed value.

Key Characteristics & Ideal Buyer

The defining characteristic here is the stark contrast between the very small, aged dwelling and the expansive, above-average lot. The home itself is among the smallest and oldest in its immediate area, reflected in its minimal assessed value. Its appeal is almost entirely rooted in the land, offering a rare opportunity for a large yard, gardening, or future redevelopment in a city where sizable lots are increasingly uncommon. The detached garage adds practical utility.

This property would suit a specific type of buyer: an investor or handy individual looking for a land-value play, someone seeking an extremely affordable entry into homeownership with outdoor space as the priority, or a buyer with long-term plans to replace the existing structure. It is not suited for those seeking move-in-ready comfort or standard-sized family living spaces.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based heavily on the existing building's size, age, and condition. With a very small, 80-year-old home and an unrenovated basement, the improvement value is minimal, keeping the total assessment low despite the sizable lot.

2. What can the large land area be used for?
Beyond providing a very large private yard, the lot size may offer future potential. Buyers should investigate Winnipeg's zoning bylaws to understand if the property could accommodate additions, a garden suite, or eventual redevelopment, as the existing home may be approaching the end of its functional lifespan.

3. Is this a "teardown" property?
While the existing home is very small and dated, whether it's a candidate for demolition depends on the buyer's plans, budget, and the neighbourhood's development rules. Its primary value is in the land, making it a likely candidate for significant renovation or replacement over time.

4. How does the recent sale price compare to the assessment?
The March 2025 sale price range is consistent with and slightly below the assessed value, which is typical for a property of this type. It confirms the market valuation is driven by land value rather than the structure.

5. What are the immediate costs or considerations?
Prospective buyers should budget for maintenance and updates expected of an older home. A thorough inspection is crucial to understand the condition of the foundation, roof, and mechanical systems. Property taxes will be low due to the low assessment, but utility costs per square foot of living space may be higher than average due to the home's age and size.