59 Tache Avenue

Property Overview: 59 Tache Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 59 Tache Avenue in Norwood West is a classic 1924-built character property, presenting a practical opportunity in a mature neighbourhood. Its key characteristic is its value positioning: with an assessed value of $348,000, it sits below the average for both its street and immediate area, yet aligns closely with the city-wide average. This suggests a potentially accessible entry point into the neighbourhood.

The appeal lies in its efficiency and lot potential. The living space (966 sq ft) is compact, significantly below area averages, which translates to lower utility costs and minimal upkeep—a "right-sized" home for those not wanting excess space. The 4,000 sq ft lot, while smaller than others on the street, still offers valuable outdoor space in a central location. It suits first-time buyers seeking character on a budget, downsizers looking to reduce maintenance without leaving a well-established community, or pragmatic investors interested in a property with fundamentals that align with broader city pricing rather than inflated local premiums.

A less obvious perspective is its "blank slate" potential. Being smaller and older than many comparables, it may appeal to a buyer who values the location but plans to renovate or expand to their own taste over time, seeing the current metrics as a foundation rather than a limitation.

Section 2: Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a starting point. Market conditions, property condition, and recent upgrades ultimately determine sale price. Notably, this home's assessment is below the local area average but matches the city-wide trend.

2. How significant is the smaller living area?
At 966 sq ft, the home is notably cozier than many in Norwood West. This is ideal for minimalist living or one or two people, but growing families may find it tight. It directly impacts heating and maintenance costs, which are typically lower.

3. What are the implications of a 100-year-old home?
A century-old home offers charm but requires diligent inspection. Potential buyers should budget for age-related updates to systems like wiring, plumbing, and the roof, and consider the efficiency of original windows. Its construction date is typical for the core of this neighbourhood.

4. The lot is smaller than others on the street. Is that a disadvantage?
While the 4,000 sq ft lot is below the street average, it still provides decent outdoor space. For some, it represents a manageable yard with less landscaping work. It’s important to verify local zoning to understand any potential for future additions or structures.

5. Can I find out the exact historical sale price?
The provided data shows a sold price range from February 2021. For fully verified, exact historical sale figures, you must request a manual lookup via email, as this site does not display proprietary MLS sold records.