Property Overview: 741 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This home at 741 Moncton Avenue is a practical, post-war bungalow built in 1947, offering nearly 1,000 square feet of living space on a generous, roughly 5,000 sqft lot in the Munroe East neighbourhood. Its core appeal lies in its position as a straightforward, value-conscious entry point into the Winnipeg market. The home's assessed value is notably below average for its street, area, and the wider city, which can translate to lower property taxes and represents a potential opportunity for buyers comfortable with a home of this vintage.
The lot size is a standout, being above average for the immediate street, offering good outdoor space relative to many nearby properties. While the living area is typical for the local area, it is smaller than the citywide average, indicating a compact and likely efficient layout. This property would best suit first-time buyers, practical downsizers, or value-focused investors looking for a solid foundation. It’s a home for those who see potential in a classic Winnipeg structure and prioritize lot size and location affordability over modern square footage or finishes. A thoughtful perspective is that its older age, while requiring due diligence, often comes with character and mature landscaping not found in newer developments.
Frequently Asked Questions
1. What does the below-average assessed value mean for me?
A lower assessed value typically results in lower municipal property taxes, which is a direct annual saving. It can also indicate a purchase price below the area average, but a professional appraisal and home inspection are essential to understand the property's true market condition and value.
2. As a 1947 home, what should I be most concerned about?
Key focus areas for a home of this age include the condition of the original plumbing and electrical systems, the foundation, the roof, and insulation. A thorough inspection is crucial to identify any needed updates or repairs.
3. How does the lot size compare, and what are the benefits?
At 4,995 sqft, the lot is larger than many on Moncton Avenue and is average for the broader area. This provides valuable outdoor space for gardening, recreation, or future additions like a shed or deck, which can be a premium in established neighbourhoods.
4. The sold price history shows a range from 2016. How can I get the exact price?
The exact sold prices are not publicly displayed in detail due to local regulations. You can request the precise historical sale data by emailing the listing service through the provided button; they provide this information manually without marketing spam.
5. Who are the most likely neighbours or comparable buyers?
Given the home’s profile, you’re likely to be among other pragmatic homeowners—including young families entering the market, long-term residents of the area, and investors—who value the quiet, established feel of Munroe East and its connectivity to the city.