Property Overview: 921 Munroe Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 921 Munroe Avenue presents a practical and competitively positioned offering in the Munroe East neighbourhood. Built in 1962, it is a newer construction compared to many on its street, which may suggest updated infrastructure or fewer immediate major repairs than older peers. With 947 sqft of living space, it is very typical for the immediate area, offering a manageable size for efficient living.
Its primary appeal lies in its value proposition within a established community. The assessed value is above average for Munroe Avenue itself, indicating it is viewed favorably relative to its closest comparables. This, combined with its sold price history (between CA$200k–250k in late 2019), positions it as a potentially accessible entry point into the neighbourhood. The lot, while smaller than area averages, provides a low-maintenance yard.
This property would best suit first-time homebuyers or downsizers seeking a straightforward, no-fuss home in a mature neighbourhood. It’s for those who prioritize location and practicality over size, and who may see the newer-than-street-average build year as a subtle advantage for systems and upkeep. An investor might also consider it for its relative affordability and typical rental size.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
At 4,032 sqft, the lot is smaller than most in the area. This means less yard maintenance, but also less private outdoor space and potentially limited room for expansions like a large deck or addition.
2. The assessed value seems low. What does this mean?
The assessed value (28.40k) is for municipal tax purposes and is not the market value. The market value is better indicated by the 2019 sold price range of CA$200k–250k. The key takeaway is that its assessment is above average for its own street, which can be a positive indicator of its condition or features relative to direct neighbours.
3. Is a 1962-built home a concern?
While 64 years old, this home is actually newer than the average house on Munroe Avenue (avg. year built 1949). This relative modernity could mean updates to foundational elements like electrical or plumbing were done later than in older homes, but a full inspection is still essential.
4. How does this home compare to the wider Winnipeg market?
The data shows that city-wide, this home is below average in both living area and lot size. This highlights its role as a more compact, affordable option within the broader market, appealing to budgets focused on location rather than square footage.
5. Can I get the exact historical sold price?
The site provides sold price ranges for general research. To obtain the exact sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.