Property Overview: 84 Tache Avenue, Norwood West, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 84 Tache Avenue is a classic, early 20th-century residence built in 1919, presenting a solid opportunity in the established Norwood West neighborhood. Its key characteristic is its balanced, middle-of-the-road profile. With 1,336 sqft of living space, the home is very close to the Winnipeg average, offering a practical footprint without being overly large. The assessed value of $358k is notably below the averages for both the street and the neighborhood, which could indicate a value proposition or room for modernization, but sits near the city-wide median.
The appeal lies in its location within a mature community and its potential as a manageable project. The lot, while smaller than most in the area at 3,957 sqft, offers lower maintenance and could be a hidden perk for those not wanting extensive yard work. This property would suit a first-time buyer or a practical downsizer who appreciates character but is comfortable with a home that may require updates. It’s for a buyer who values neighborhood character over a sprawling lot and sees opportunity in a price point below many direct comparables.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value a red flag?
Not necessarily. While the value is below the Norwood West and Tache Avenue averages, it is aligned with the broader Winnipeg median. This could reflect the home’s specific condition, updates needed, or its smaller lot size. It warrants a closer inspection to understand the reason, which could also represent a pricing advantage.
2. How does the smaller lot size impact the property?
The land area is significantly smaller than most in Norwood West. This translates to less exterior maintenance and gardening, which can be a positive for some. However, it may limit expansion possibilities or private outdoor space compared to neighbors.
3. The home is over 100 years old. What should I consider?
A 1919 build means potential for classic charm but also necessitates a thorough inspection for aging infrastructure. Key focuses should be the foundation, roof, plumbing, electrical systems, and insulation to understand any needed investments.
4. How stable is the value in this location?
Recent sales data from 2021 shows a sale price in the $300k-$350k range, which was competitive for the area at that time. The consistent, below-average assessment suggests the property is not artificially inflated and may offer a grounded entry point into a stable neighborhood.
5. Where can I get verified historical sale prices?
The provided data is compiled from public records, not the MLS. For fully verified and exact transaction figures, you must request a manual lookup from the site provider, who will email the official history directly.