Property Overview: 3 Monty Hall Drive, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling mix of space, value, and location within Winnipeg's Leila-Mcphillips Triangle neighborhood. Its standout feature is the generous 9,434 sqft lot, which places it in the top 10% of properties on its street and top 9% within the local area. This offers significant outdoor potential for gardening, recreation, or future expansion. Built in 1996, the house is notably newer than many city-wide comparables, suggesting modern construction standards and potentially lower immediate maintenance needs.
The 1,388 sqft living area is modest compared to immediate neighbors but aligns closely with the Winnipeg average. The assessed value of $47.90k positions it as an above-average value within both the neighborhood and the wider city, indicating a strong foundation for equity. The home last sold between $400k-$450k in 2019.
Its appeal lies in this balance: a newer home on a large lot with a solid assessed value foundation. It would suit a practical buyer who prioritizes land size over a maximized interior footprint—perfect for those wanting room to breathe, garden, or customize outdoors. It's also a sensible option for value-conscious purchasers looking for a home with modern fundamentals in a stable area, without paying a premium for the largest house on the block.
Frequently Asked Questions
1. Is the living space smaller than other homes on the street?
Yes. At 1,388 sqft, the living area is below the street average. The trade-off is a much larger-than-average lot size, shifting the value proposition from interior to exterior space.
2. What does the assessed value tell me about this property?
The $47.90k assessment is above average for both the neighborhood and city-wide. This can be a positive indicator of the property's municipal valuation relative to others, which is a factor in property taxes and perceived market value.
3. How does the 1996 build year compare?
The home is newer than most in Winnipeg (where the average benchmark is 1966) and on its street. This often correlates with updated electrical, plumbing, and insulation standards, potentially reducing near-term renovation costs.
4. The lot is large, but what does that mean practically?
A 9,434 sqft lot offers ample backyard space for privacy, landscaping, adding a deck or shed, and is a rarity in many urban areas. It provides flexibility that smaller lots do not.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. The exact sold price from 2019 can be requested directly from the listing source via email, as they maintain a manual, precise record.