Property Overview: 505-680 Tache Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, mid-floor condominium in North St. Boniface, built in 2015. With 948 square feet, its living space is notably compact for the immediate area but aligns closely with the average Winnipeg home. Its primary appeal lies in its balance of contemporary construction and a strong value position. The property's assessed value of $385k ranks well above the city average, suggesting a perception of quality and a desirable location, yet it remains in line with its own street. This creates a value proposition for a buyer seeking a newer, low-maintenance home in a character neighborhood without paying a premium for excessive square footage.

The unit would suit downsizers, young professionals, or first-time buyers who prioritize modern building standards (like newer windows and systems) over spaciousness. Its appeal is pragmatic: you're buying into a building that is newer than most in the city, in a neighborhood with above-average property values, but in a efficiently sized layout. A thoughtful perspective is that this represents a "right-sized" urban option—the smaller footprint translates to lower utility costs and less space to furnish and maintain, which can be a hidden benefit for the right lifestyle.

Section 2: Frequently Asked Questions

1. Is this unit smaller than most in the building?
The data compares it to homes on the street and area, not specifically its condominium building. Given the address format and nearby listings, 680 Tache Avenue is likely a multi-unit condo building. The living area is below the neighborhood average, but this is common when comparing a single condo unit to a mix of property types (including larger single-family homes).

2. Why is the assessed value so high relative to the city?
The above-average assessed value for Winnipeg reflects the combined desirability of the North St. Boniface neighborhood and the property's modern age (2015). Assessed value considers location, building condition, and market trends, so a newer home in a stable, sought-after area naturally commands a higher valuation than the city's broader, older housing stock.

3. What do the sold price ranges indicate?
The sold price ranges from 2020 and 2024 show the property has appreciated, moving into a higher price band. The "Top %" figures indicate each sale was competitive relative to other sales in that area at the time, with the 2024 sale ranking in the top 7% city-wide for price—highlighting its strong market performance.

4. How accurate is this sold price data?
The site notes this data is from public sources, not the MLS, and is presented in broad ranges for non-members. For fully verified, exact sale figures, you must request a manual lookup from the site via email, as MLS rules prevent displaying that data directly.

5. What are the immediate neighbors like?
The listed nearby properties share the same address (680 Tache Avenue), confirming this is a condo building. Your immediate neighbors would be other units within the same complex, which typically means shared walls, common areas, and a condo corporation governing exterior maintenance and reserves.