Property Overview: 117 Monck Avenue, Winnipeg
Key Characteristics & Appeal
This home at 117 Monck Avenue in Norwood West is a character property with practical, grounded appeal. Built in 1923, it sits on a modest, sub-4,000 sqft lot, which is smaller than most on its street and in the city. With 1,275 sqft of living space, the home is more compact than others on Monck Avenue but aligns closely with the averages for both the Norwood West neighborhood and Winnipeg overall.
Its primary draw is its established location in a mature neighborhood, offering a balance of space and manageability. The assessed value of $418k is very close to the street and area averages, suggesting it is priced in line with its immediate context, though it ranks in the top third city-wide, indicating good value relative to the broader Winnipeg market. The recent sale price (estimated between $450k-$500k) reflects a premium over the assessment, which is common in active markets.
This property would suit first-time buyers or downsizers seeking a home in a well-established area without the upkeep of a larger lot or an oversized house. It’s for those who value location and neighborhood character over expansive square footage, and who are comfortable with a home that has a century of history. A thoughtful perspective is that the smaller lot could be seen as a benefit—less maintenance, lower water bills, and a more manageable outdoor space, which can be a significant advantage for busy professionals or retirees.
Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
At 1,275 sqft, the living area is below the average for Monck Avenue itself but is very close to the averages for both the wider Norwood West neighborhood and the City of Winnipeg. It’s a more compact home on a street with some larger properties.
2. Is the assessed value a good indicator of the market price?
The assessed value of $418k is a municipal valuation for tax purposes. The home sold recently for an estimated $450k-$500k, which is a typical market premium. For the most accurate sale history, you can request exact figures from the site via email.
3. What should I know about the lot size?
The lot is 3,992 sqft, which is notably smaller than most on the street and in the area. This means less yard maintenance but also less private outdoor space compared to neighboring properties.
4. How old is this home, and what does that imply?
Built in 1923, it is older than most homes in Winnipeg but typical for its specific street and neighborhood. This suggests classic construction and character, but also the potential for age-related updates.
5. Where can I see how this property compares visually to nearby homes?
You can use the provided link to "Open neighbourhood map analysis" to see this property on a map alongside nearby houses, comparing details like year built, living area, and lot size.