Property Overview: 151 Tache Avenue, Norwood West, Winnipeg

Key Characteristics & Appeal

This home at 151 Tache Avenue presents a compelling mix of space, location, and value within Winnipeg’s Norwood West neighborhood. Its key appeal lies in its generous proportions, both in the home itself and the lot it sits on. With 1,868 square feet of living space, the house is notably larger than most comparable homes on its street, in the area, and across the city. The 6,602 square foot lot is a particular standout, ranking in the top 7% locally, offering rare potential for gardens, expansion, or outdoor living.

Built in 1922, the property is a century-old character home, which is typical for the immediate street but older than many in the wider area. This suggests a buyer should be prepared for the charm and potential maintenance considerations of a historic property. The assessed value of $495k is consistently above average across all comparison levels, indicating a perception of solid value. Recent sale data from 2022 shows it sold in the $650k-$700k range, placing it in the top 5% of the market at that time.

This property would best suit a buyer looking for a established home with ample indoor and outdoor space in a central neighborhood. It appeals to those who value character and a larger lot over a newer build, and who have the vision (and possibly budget) to update or maintain a home of this vintage. It’s a practical choice for a growing family or anyone prioritizing room over modernity.

Frequently Asked Questions

1. How does the 2022 sale price relate to the current assessed value?
The home sold for between $650,000 and $700,000 in September 2022. The current assessed value is $495,000. It’s important to understand that a municipal assessed value is for taxation purposes and is not a direct indicator of current market value, which can be influenced by broader market conditions, updates to the home, and recent comparable sales.

2. What should I consider with a home built in 1922?
While full of character, a home of this age will likely have older building systems (like plumbing, electrical, and heating) and may require updates to meet modern efficiency and safety standards. A thorough, professional home inspection is essential to understand the condition of the foundation, roof, and structure.

3. The lot size is a major feature. What are the possibilities?
A lot of this size (over 6,600 sq. ft.) in a central neighborhood is a significant asset. Beyond a spacious yard, it could allow for future additions like a garage, workshop, or sunroom, subject to local zoning bylaws. It also offers excellent potential for landscaping, gardening, or creating dedicated outdoor entertainment spaces.

4. How does this property rank compared to its neighbors?
The data shows this home ranks highly for living space and lot size on its street and in Norwood West. Its assessed value is also above average. However, it is older than many homes in the broader area. This indicates you are getting a larger, more valuable property on a prime lot, but one that likely requires more upkeep than a newer build.

5. How can I get the exact historical sale prices?
The provided sale price is an estimated range. Due to industry regulations, exact sale figures are not published on this site. You can request the full, verified transaction history by emailing the site administrators directly, who will provide the information manually.