Property Overview: 925 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Munroe East offers a practical and grounded opportunity. Built in 1959, it sits on a generous 4,753 sqft lot, which is notably larger than many in the immediate area. The 1,088 sqft living space is comfortably above average for the street and neighbourhood, suggesting a spacious layout for a bungalow. A detached garage adds functional utility.
The primary appeal lies in its established setting and relative value. The home’s assessed value positions it favorably within the broader Winnipeg market, often indicating a lower property tax burden relative to market price. It suits a first-time buyer seeking a solid entry point into homeownership with room to grow, or a downsizer looking for a manageable single-level floorplan on a sizable, private lot. The rankings suggest it’s a property that outperforms many of its direct neighbours in key metrics like lot size and living area, offering a sense of space and value within a mature community.
Section 2: Frequently Asked Questions
1. What does the "Top X%" ranking actually mean?
These rankings compare this specific property against all others on the same street, in the neighbourhood, and across Winnipeg. For example, its lot size is in the top 37% on Moncton Avenue, meaning it's larger than 63% of its direct neighbours—a significant advantage.
2. Why is the assessed value notably lower than some nearby properties?
Municipal assessed value for taxation purposes doesn't always equal market value. This home's assessment is consistently in a lower percentile, which can translate to lower annual property taxes—an important, long-term cost consideration.
3. How does this home compare to the similar-looking house next door?
The provided data for 937 Moncton Ave shows a similar year and assessment, but with roughly 250 more sqft of living space. This highlights a key trade-off: 925 Moncton may offer a more efficient layout or different condition on a similarly valued lot.
4. Is the older building year (1959) a concern?
The year is typical for the area. The rankings show it's newer than many homes in Winnipeg overall. An older home in this context suggests established infrastructure and mature landscaping, but a thorough inspection is always advised to understand the condition of major systems.
5. What is the neighbourhood like?
Munroe East is a long-established residential area. The list of nearby and comparable properties shows a mix of well-kept older homes and some recent builds (like the 2022 home on Munroe Ave), indicating a stable, evolving community that maintains its character.