Property score
41.7
Below average
Overall 41.7 · Smaller than most nearby homes
688 sqft (bottom 3%) · Built in 1969 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~78.5k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Near average
3 yrs newer than neighborhood avg.
Mother tongue
English · 85%Chinese · 1%
Past 10 years Kildare-Redonda sales snapshot (~80% of all data)
722
355.5k
$372/sqft
1966
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41.7 is composed by the two sections below.
Property Score
Community Score
Kildare-Redonda
How to read: Share of sales in each ~$50k price band for “kildare-redonda” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110844
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
140 Larche Avenue E — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 166 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 2% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 140 Larche Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, 688 sqft bi-level home built in 1969, situated on a modestly sized lot in the Kildare-Redonda neighbourhood. Its key characteristic is its position as an entry-level property, with a notably low assessed value that places it well below city and area averages. The home features a renovated basement, adding functional living space.
The primary appeal lies in its affordability and potential. It represents one of the most accessible price points in Winnipeg, making it a viable entry into the housing market with a lower financial barrier. The renovated basement offers immediate utility without a starter project. This property would suit first-time buyers seeking a foothold in homeownership, investors looking for a low-cost rental property, or downsizers who prioritize minimal upkeep and cost over space. A less obvious perspective is that its below-average metrics across size and lot area translate to reduced maintenance time and costs—a practical advantage for those with busy lifestyles or fixed incomes.
Section 2: Frequently Asked Questions
1. What does the "below average" ranking for living area actually mean?
It means this home's interior size (688 sqft) is smaller than most comparable homes in its immediate area, on its street, and across Winnipeg. This is the main driver of its lower assessed value.
2. The assessed value seems very low compared to the city-wide average. Why?
The assessed value reflects the property's specific attributes: its smaller-than-average size, modest lot, and age. It is assessed based on its market segment, not the city's overall soaring averages, which are skewed by larger, newer homes.
3. Is the renovated basement a legal suite?
The provided details state the basement is "renovated" but do not specify if it's a legal, rentable suite. This is a critical point to verify with the listing agent or city permits, as it impacts rental income potential and insurance.
4. How reliable are the past sold price ranges shown?
The ranges are based on public data. For the exact historical sold price, you must request it directly via the provided email service, as this information is not fully disclosed in public records.
5. What are the trade-offs for the low price?
The trade-offs are primarily space and lot size. You are purchasing a smaller home on a smaller lot than typical for the city and neighbourhood. This may mean less room for expansion, gardening, or parking, but it also means lower property taxes and less exterior maintenance.
