Property Overview: 1133 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1133 Moncton Avenue in Munroe East presents a solid, above-average offering within its immediate context. Built in 1968, it is newer than many neighbouring homes, potentially suggesting fewer age-related concerns. Its key appeal lies in its generous proportions relative to the area: with 1,235 sqft of living space and a 5,500 sqft lot, it ranks in the top 15% of its street for both size metrics. This means you get more interior room and significantly more outdoor space than most direct neighbours, offering room to grow, garden, or simply enjoy more privacy.
The home’s assessed value is consistently above average for both the street and the broader Munroe East area, indicating it is viewed as a premium property within this locale. Recent sale history shows strong value appreciation. This profile suits practical buyers looking for a well-sized family home in an established neighbourhood without paying a city-wide premium. It’s particularly suited for those who value space over a brand-new build, and for investors or homeowners who recognize the advantage of owning one of the larger, newer properties on a block—a position that often provides a relative buffer in market fluctuations.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows this property is a standout on its own street. It has more living space, a larger lot, and a newer build year than over 85% of the homes on Moncton Avenue. Compared to the wider Munroe East area, it remains well above average, especially in living space (top 7%).
2. What does the assessed value tell me?
The assessed value of $33,300k is for municipal tax purposes. More importantly, its ranking—consistently in the top 15% for the street and area—confirms it is considered a higher-value property in this specific market, which is a positive indicator of its perceived worth relative to its peers.
3. The home sold in 2017 and 2022. What does that history suggest?
The sold price ranges indicate notable appreciation between 2017 and 2022, with the 2022 sale placing it in the top 3% of sales on its street at that time. This suggests a history of strong market performance in its micro-location.
4. Is the lot size a significant advantage?
Yes. The 5,500 sqft lot is in the top 6% on Moncton Avenue. This is a less obvious but substantial benefit, offering more yard space than nearly all neighbouring properties, which is a fixed feature that cannot be easily replicated.
5. Why is the city-wide ranking for living area only "average"?
While the home is spacious for its neighbourhood, the average home city-wide is slightly larger (1,342 sqft). This highlights a key perspective: this property’s primary advantage is relative size and quality within its more affordable Munroe East context, not competing with larger homes in higher-priced districts across Winnipeg.