Property Overview: 34 Moberly Avenue, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1978, presents a solid, no-fuss opportunity in the Meadows neighbourhood. Its primary appeal lies in its value proposition and established location. The home sits on a 5,098 sqft lot, which is slightly smaller than others on Moberly Avenue but typical for the wider area. A key standout is its Assessed Value, which ranks in the top 15% on its own street, suggesting it may be viewed favorably relative to its immediate neighbours.
The property suits practical buyers looking for an entry point into a mature community without overpaying for land or excess square footage. It’s a fit for first-time homeowners, downsizers, or investors seeking a manageable property that has held consistent value. A thoughtful perspective is that while its living space is modest by city-wide averages, its above-average assessment on the street could indicate well-maintained condition or desirable lot traits not immediately obvious from the raw data. The sale in 2023 within the $400k-$450k range aligns with stable, mid-tier market activity.
Frequently Asked Questions
1. How does the lot size impact potential for expansion or outdoor use?
At just over 5,000 sqft, the lot is functional for a standard yard but is below the average for Moberly Avenue. This may limit possibilities for large additions or extensive landscaping, but it also means less maintenance.
2. The home was built in 1978. What should I consider regarding its age?
Homes from this era may have original major systems, like roofing, windows, or plumbing, nearing the end of their typical lifespan. A thorough inspection is advised, but the construction date is newer than many homes in Winnipeg overall.
3. Why is the assessed value ranking so high on its street?
Ranking in the top 15% for assessed value on Moberly Avenue suggests the municipal assessment sees this property as having higher worth than most neighbours. This can be due to condition, improvements, or lot advantages, but it’s also a factor in calculating property taxes.
4. What does the recent 2023 sale tell us?
The sale in the $400k-$450k range indicates the home is part of the active market and provides a modern price benchmark. It suggests the property doesn’t have major, value-depressing issues and is in move-in condition.
5. How does this home compare to others in the broader Meadows area?
For its living area, assessed value, and land size, this property consistently ranks as "around average" within the larger Meadows community. This positions it as a typical, representative home for the neighbourhood, not an outlier in size or value.