Property Overview: 1031 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1031 Moncton Avenue in Munroe East presents a solid, above-average offering within its immediate neighborhood. Built in 1967, it sits on a generous 5,005 sqft lot, which is notably larger than most on its street. With 1,111 sqft of living space, it provides more room than many comparable homes in both Munroe East and on Moncton Avenue itself. The assessed value is consistently above average for the local area, suggesting a well-regarded property in its context.
The primary appeal lies in its strong positional value within the community. It’s not the newest or largest home city-wide, but it stands out positively on its own street and in the Munroe East area. This indicates a property that likely offers good livability and space relative to its local peers. It would suit practical buyers looking for a home with a established presence, a larger-than-standard lot for the area, and a footprint that offers more space than many nearby options. It’s a sensible choice for those prioritizing value and space within a specific, well-regarded neighborhood over a brand-new build.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows this property ranks highly on its own street for lot size, living area, and assessed value—often in the top 20-30%. This means it is a above-average offering within its most immediate comparison group.
2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value shown (~$390k) includes all property types and values across Winnipeg. The more relevant comparison is the local average (e.g., ~$29.4k in Munroe East), against which this property is above average. Assessment values are for municipal tax purposes and do not represent market selling price.
3. What does the sold price history from 2017 indicate?
The previous sale in the $150k-$200k range (2017) provides a historical benchmark. Its current ranking in the bottom third for sold price locally suggests market values in the area have appreciated significantly since then, but a direct comparison requires the exact sold price and current market analysis.
4. Is a 1967-built home a concern?
The year built (1967) is newer than the average on its street and comparable to the city average. This suggests the home may have updates or a construction era that is standard for Winnipeg. A thorough inspection is always recommended to understand the condition of major systems and any renovations.
5. How can I get the exact past sold price?
The exact sold price is not publicly displayed. You can request it via the email button on the property page. The service provides the accurate figure manually, typically by the end of the same day, without using your email for marketing spam.