Property Overview: 27 Larchwood Place, Norwood West, Winnipeg

Key Characteristics & Appeal

This home at 27 Larchwood Place is a classic Norwood West property that presents a balanced, middle-of-the-market opportunity. Built in 1948, it is actually one of the newer homes on its street, offering potential advantages in construction methods or updates over many neighboring houses. With 1,208 sqft of living space and a 5,387 sqft lot, its size is consistently "around average" when compared to similar homes on its street, in Norwood West, and across Winnipeg. This suggests a manageable scale for maintenance without feeling cramped.

The primary appeal lies in its strong and stable assessed value of $457k, which sits above the neighborhood and citywide averages. This indicates the property is viewed favorably within its market context. Its last known sale was between 2017 for $400k-$450k, a price point that was competitive at the time. The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who are looking for a established character home in a mature neighborhood without extreme outliers in size, age, or price. It’s a property that doesn’t lead with flashy statistics but offers solid fundamentals.

Frequently Asked Questions

1. Is this a good value compared to other homes in the area?
The assessed value is above average for both Norwood West and Winnipeg overall, suggesting municipal assessors see it as holding good value relative to its peers. Its prior sale price was also in a competitive range for its area.

2. How does the age of the home (1948) affect it?
While older, it's actually newer than many homes on its street and in Norwood West. This could mean fewer legacy issues found in earlier construction, but a thorough inspection is still essential to understand the condition of major systems like plumbing, electrical, and the roof.

3. What does the lot size mean for potential expansion or outdoor use?
At just under 5,400 sqft, the lot is slightly below average for the neighborhood but typical for the street. It provides a decent backyard space for a mature area but may have limitations for major additions, depending on local zoning bylaws.

4. Why are only sold price ranges shown, not exact figures?
The site uses aggregated public data, not MLS records, and shows ranges for non-members. You can request the exact sale history via email for a manual lookup, as detailed in the data notes.

5. How does this home's living area compare for a family?
At 1,208 sqft, it's moderately sized. It likely offers five main rooms, which could suit a small family, a couple, or an individual comfortably, but may feel tight for larger families compared to newer suburban homes.