Property Overview: 1142 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1142 Moncton Avenue in the Munroe East neighbourhood presents a specific and practical value proposition. Its key characteristic is its compact size, with a living area of 696 sqft that is notably smaller than most homes on its street, in the area, and across Winnipeg. Built in 1968, it is a relatively newer home compared to many of its immediate neighbours, which may suggest updated infrastructure or fewer concerns associated with much older construction.
The appeal lies in its efficiency and affordability. With an assessed value of $240,000, it sits at an accessible price point, particularly for the area. The lot size of 4,339 sqft is manageable, offering outdoor space without being burdensome to maintain. This property is not a sprawling family home; instead, it suits first-time buyers seeking an entry into the market, downsizers looking to simplify, or investors searching for a reasonably priced rental asset. Its recent sale history (between $200k-$250k in 2021) indicates it operates in a stable, lower-price segment. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, aligning with a minimalist or cost-conscious lifestyle, while its "newer" vintage for the street could translate to deferred major maintenance for a buyer.
Frequently Asked Questions
1. Is the house unusually small?
Yes. At 696 sqft, the living area is significantly below the average for the street (~1,012 sqft), the Munroe East area (~1,009 sqft), and the city overall (~1,342 sqft). It is designed for efficient, compact living.
2. How does the assessed value compare?
The $240,000 assessment is around average for Moncton Avenue but below average for the wider Munroe East area and the city. This positions it as a more affordable option within its immediate locale.
3. What does the year built (1968) indicate?
Built in 1968, the home is newer than many on its block and in the neighbourhood. This can be an advantage, potentially meaning systems like wiring and plumbing are from a more modern era than those in homes built decades earlier.
4. How does the lot size compare?
The 4,339 sqft lot is slightly below average for the street and area but is around average city-wide. It provides a decent-sized yard without being excessively large.
5. Where can I find more detailed context about the neighbourhood?
You can open the dedicated neighbourhood analysis page to see this property on a map alongside nearby homes, allowing for a direct visual comparison of year built, living area, assessed value, and lot size.