142 Larche Avenue E

Kildare-Redonda, Winnipeg

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)

Sold Count

722

Median price

355.5k

$/sqft

$372/sqft

Avg build year

1966

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Property score

41.7 is composed by the two sections below.

Property Score

25.0Low
Living Area688 sqft15Low
Year Built196952Fair
Lot Size2,999 sqft28Low
Neighbourhood Sales Activity28Low

Community Score

66.8Good
Household Income76Good
Education Level34Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health83Excellent

Neighbourhood Sales

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.

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.

Rankings

Living Area

below average
688 sqft
0255075100
Same streetBottom 5%Same areaBottom 3%CitywideBottom 3%
Same street · Larche Avenue E
#119 / 125
Bottom 5% · Avg 859 sqft
Same area · Kildare-Redonda
#2,118 / 2,178
Bottom 3% · Avg 966 sqft
Citywide · Winnipeg
#188,286 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

below average
241k
0255075100
Same streetBottom 14%Same areaBottom 6%CitywideBottom 15%
Same street · Larche Avenue E
#107 / 125
Bottom 14% · Avg 306k
Same area · Kildare-Redonda
#2,054 / 2,178
Bottom 6% · Avg 315.2k
Citywide · Winnipeg
#164,941 / 194,458
Bottom 15% · Avg 390.1k

Year Built

around average
1969
0255075100
Same streetBottom 18%Same areaTop 33%CitywideTop 49%

Lot Size

below average
2,999 sqft
0255075100
Same streetBottom 4%Same areaBottom 6%CitywideBottom 11%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

142 Larche Avenue E — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 171 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%

Sales History

Sold 5/2016CA$150k–200k
Sold price

Same street

Bottom 10%

Same area

Bottom 4%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 142 Larche Avenue E, Winnipeg

Property Overview

This 688 sqft bi-level home at 142 Larche Avenue E presents a compact and efficient living space. Its key appeal lies in being a notably affordable entry point into the Winnipeg market, with a recently renovated basement adding functional living area. The home is smaller than most in its immediate area, street, and city-wide, which is reflected in its below-average assessed value. Built in 1969, it sits on a modest, sub-3,000 sqft lot. The data suggests a property that has been maintained and updated where it counts (the basement), but one that prioritizes value and practicality over size.

Who It's For:
This home is ideally suited for first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. Its affordability is the primary draw, making it a viable option for those wanting to build equity without a large mortgage. The renovated basement offers flexibility for a home office, guest space, or rental potential, which adds to its value proposition for pragmatic buyers.


Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. It primarily reflects the home's smaller size relative to comparables. For a buyer, it can represent an opportunity to enter the market at a lower property tax point, with the potential for value increase through continued upkeep.

2. How does the smaller lot size impact living here?
The sub-3,000 sqft lot means minimal yard maintenance, which is a plus for those seeking a low-maintenance lifestyle. However, it offers limited private outdoor space for gardening or expansive recreation, a trade-off for the convenience.

3. The home is smaller than area averages. Will it feel cramped?
The efficient bi-level layout and the addition of renovated basement space help offset the modest main floor square footage. It requires thoughtful furniture choices and organization, but can be comfortable for individuals, couples, or small families who prioritize location and budget over spaciousness.

4. What does the renovated basement include?
The listing confirms the basement is renovated but does not specify finishes or rooms. A buyer should inquire about the scope of work, permits, moisture control, and the current use of the space (e.g., bedroom, rec room, separate entrance).

5. The home last sold in 2016. What does that indicate?
The 8+ year ownership period suggests stability and that the sellers likely weren't flipping the property quickly. It implies they may have invested in updates (like the basement renovation) during their tenure and are now moving on due to life changes, not dissatisfaction with the property itself.

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