Property score
57.3
Fair
Overall 57.3 · Smaller but newer than most nearby homes
833 sqft (bottom 12%) · Built in 1973 (12 yrs newer than avg)
Located in a high-income area with median household income of ~94k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 3 parks, and 1 place of worship nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 84%Tagalog · 4%
Past 10 years Radisson sales snapshot (~80% of all data)
495
355.9k
$339/sqft
1961
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57.3 is composed by the two sections below.
Property Score
Community Score
Radisson
How to read: Share of sales in each ~$50k price band for “radisson” (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: #46110862
$94K
Median household income
$103K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
21%
Single-person households
27%
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
123 Larche Avenue W — 4 amenities found within 500 m, across 2 categories, including 3 parks (nearest 184 m).
Radisson · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -89%
vs. prior year
Primary type
Violent
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 19% | Top 25% | Bottom 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 123 Larche Avenue W, Winnipeg
Key Characteristics & Appeal
This 1973 bungalow in Radisson presents a compelling mix of space, value, and potential. Its most standout feature is the generous 8,417 sqft lot, which ranks in the top 3% of the neighborhood and top 10% city-wide. This offers significant outdoor space for gardening, recreation, or future expansion—a rare find compared to area averages. The home itself, at 833 sqft, is modest and efficient, sitting comfortably around the average for its immediate street. Its assessed value of $329k is consistently around the average benchmark for the street, neighborhood, and city, suggesting a fair market positioning.
The appeal here lies in a value proposition centered on land. It suits a first-time buyer or downsizer looking for a manageable home with ample yard space in a stable, established area. It’s also a practical candidate for a long-term holder who values the optionality that a large lot provides, whether for personal use or future value. A thoughtful perspective is that while the living space is smaller than many newer homes, the property’s age is actually an advantage in this context—built in 1973, it is newer than most in Radisson, potentially meaning fewer age-related issues than neighborhood peers.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 833 sqft, the living area is very close to the average for Larche Avenue W itself. It is, however, below the broader neighborhood and city averages, indicating a more compact and efficient layout compared to many Winnipeg homes.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $329k is consistently around the average for the street, neighborhood, and city, providing a solid benchmark. Recent sold prices on the street (falling within the $300k-$350k range) support this valuation as a realistic market starting point.
3. What is the significance of the large lot size?
The 8,417 sqft lot is a key asset. It far exceeds the typical lot on this street and in Radisson, offering more privacy, outdoor space, and potential for additions, sheds, or landscaping than most comparable properties.
4. How old is this home compared to others in the area?
Built in 1973, this home is actually newer than the average home in the Radisson neighborhood, which may suggest updated building materials or systems compared to many of its peers.
5. Where can I get verified historical sale price data for this property?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.
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