Property Overview: 115 Larche Avenue W, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and above-average space within its immediate locale. Built in 2005, it is a notably newer construction compared to most homes on its street and in the wider Radisson neighborhood, suggesting updated building systems and less immediate need for major renovations. With 955 sqft of living area, it offers more space than the typical home on Larche Avenue W. Its most standout feature is the generous 8,127 sqft lot, providing substantial outdoor space that is well above the local average and offers significant potential for gardening, recreation, or expansion.
The appeal lies in its strong positional value within its community. It holds an elite-level assessed value for both the street and the Radisson area, indicating it is perceived as a premium property in its micro-market. This positions it as a solid, modern home on a large lot in an established neighborhood. It would particularly suit first-time buyers or downsizers seeking a manageable, newer home without sacrificing yard space, or an investor looking for a well-regarded property with a strong value history in the area.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
While the assessed value is a strong indicator for municipal tax purposes, it doesn't directly set market price. This home's assessed value is in the top 1% for its street and neighborhood, which typically supports a competitive asking price, but the final sale price will be determined by current market conditions.
2. What does the sold price history indicate?
The home sold previously in 2016 and 2021, each time at a price point that ranked in the top tiers for the area. This consistent history suggests it has maintained relative market desirability.
3. Is the living area sufficient for a growing family?
At 955 sqft, the living space is above average for the street but below the Winnipeg city average. It may suit a small family or those who prioritize a large yard over expansive indoor square footage. The newer build year can mean more efficient use of the existing space.
4. Why is the lot size a significant advantage?
The lot is over 50% larger than the street average. In a neighborhood where many homes were built in the 1970s, this larger parcel on a newer home is a rare combination, offering more privacy, outdoor flexibility, and future potential than most nearby properties.
5. How can I verify the exact past sold prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.