Property Overview: 1015 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1015 Moncton Avenue in the Munroe East neighbourhood presents a compelling value proposition rooted in its strong local standing. Built in 1967, the 1,219 sqft house sits on a 5,002 sqft lot. The core appeal lies in its above-average metrics within its immediate context. Notably, it ranks in the top 14% for living area and the elite top 5% for assessed value on its own street, indicating it is a larger and more valuable property compared to most of its direct neighbours. This suggests a home that has been well-maintained or updated relative to others on the block.
The property would suit practical buyers looking for a solid, established home in a neighbourhood where it stands out positively in terms of space and value. It’s particularly suited for someone who prioritizes a good lot size and interior space for the area over a brand-new build. The historical sale prices (2016: $250k-$300k; 2021: $300k-$350k) show steady appreciation, appealing to those mindful of investment stability. A thoughtful perspective is that while its size is average city-wide, its local dominance offers a sense of premium within a specific community, which can be a smarter play for long-term livability and resale than a comparable property in a more uniformly high-end area.
Frequently Asked Questions
1. What does the "Elite Top 5%" assessed value ranking mean for this street?
It means this home’s municipal assessed value is higher than 95% of the 220 comparable properties on Moncton Avenue. This typically reflects a combination of its larger living area, lot size, and likely better condition or improvements compared to its immediate neighbours.
2. How does the property's size compare to the average Winnipeg home?
At 1,219 sqft, the living area is slightly below the city-wide average of about 1,342 sqft. However, its lot size of 5,002 sqft is also below the city average. The key takeaway is that this home’s strength is its relative size and value within its specific neighbourhood and street, not necessarily city-wide benchmarks.
3. The home was built in 1967. What should I consider?
A home of this age will likely have had major components like the roof, windows, furnace, and electrical system updated or due for updates. A thorough inspection is essential. On the positive side, it was built in a period known for solid construction and may offer a more generous room layout and lot size than many newer homes in its price range.
4. The sold price history shows a range. How can I get the exact figure?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing the listing service through the provided button. They have committed to providing the information manually without using your email for marketing spam.
5. The home ranks "around average" city-wide for many metrics. Is that a concern?
Not necessarily. City-wide averages include a vast range of neighbourhoods and property types. For daily living, your immediate street and area are more impactful. This property’s strong rankings within Munroe East and especially on its own street suggest it is a above-par choice within its specific market, which is often more relevant for quality of life and future resale to buyers looking in this area.