Property Overview: 57 Tache Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home at 57 Tache Avenue is a classic Norwood West property built in 1924, presenting a balanced opportunity in a mature neighborhood. With 1,219 sqft of living space, its size is consistently around the average for its street, neighborhood, and the wider city, making it a practical fit for a small family, a couple, or a downsizer. The assessed value of $413k aligns closely with the street average but sits above the citywide average, reflecting the established desirability of the location.
The appeal lies in its stability and context. It’s not an outlier in any major category—size, value, or age—which can be reassuring for buyers seeking a home in a settled area without unexpected extremes. A thoughtful perspective is that its slightly smaller lot size (3,997 sqft) compared to area averages means less maintenance, which could be a benefit for those prioritizing convenience over extensive outdoor space. The home last sold in late 2023 for an estimated $450k-$500k, a price point that performed well against local and city benchmarks, indicating solid market acceptance.
This property would best suit a buyer looking for a character home in a central neighborhood who appreciates straightforward, comparable metrics and is comfortable with the upkeep typical of a century-old house. It’s a home that represents the core of the Norwood West market rather than a standout renovation project or a sprawling lot.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
In October 2023, this property sold within the $450k-$500k range. This sale price ranked in the top 29% of comparable sales on Tache Avenue at the time, suggesting it was a competitively priced transaction.
2. Is the lot size a disadvantage?
The land area is below the average for both the street and neighborhood. While this means less private outdoor space, it also translates to lower maintenance. For buyers who prefer gardening in manageable proportions or want to minimize yard work, this can be a practical benefit.
3. What does the year built (1924) mean for a buyer?
Built in 1924, the home is older than most in Winnipeg. Buyers should budget for potential updates consistent with its age, such as older windows, plumbing, or electrical systems. However, it also places the home in the historic fabric of the well-established Norwood West community.
4. Are the assessed value rankings a concern?
The assessed value ranks in the top 44% on its street but only the top 35% city-wide. This is typical for a central, established neighborhood like Norwood West, where property values are consistently higher than in newer suburban areas. It reflects location value more than an over-assessment.
5. How can I verify the exact historical sold price?
The site provides sold price ranges for general research. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.