Property Overview: 144 Monck Avenue, Norwood West, Winnipeg
Key Characteristics & Appeal
This home at 144 Monck Avenue is defined by its generous proportions and established location. Its primary appeal lies in offering above-average space both inside and out, situated in a mature Norwood West neighbourhood. With 2,130 sqft of living area, the home is notably larger than most comparable properties on its street, in the wider neighbourhood, and across Winnipeg, ranking in the top 8-18% for size. This is complemented by a lot size of nearly 6,000 sqft, which is also above average for the immediate area, providing valuable outdoor space.
Built in 1912, the home is older than most in its comparison groups. This suggests classic character and potential for heritage charm, but also indicates that a buyer’s appreciation should extend to the stewardship of an older structure. The assessed value of $540k is consistently above local and city averages, reflecting its size and location premium.
This property would best suit a buyer who prioritizes interior and yard space over a newer build, and who values a home with a established presence in a sought-after neighbourhood. It’s ideal for someone comfortable with the realities and rewards of an older home, possibly looking for a property with the bones to personalize or restore over time.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
While older than many peers, the age contributes to the home’s character and is likely factored into its above-average assessed value. It appeals to those seeking classic architecture but requires a buyer to be mindful of maintenance and potential updates inherent to a 114-year-old structure.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $540k is a strong benchmark for municipal taxation, showing the home is valued higher than most in its scope. Market conditions, property condition, and interior updates will ultimately determine the final sale price, but this assessment positions it firmly in the above-average tier.
3. What does the sold price data from 2016 tell us?
The previous sale in the $400k-$450k range nearly a decade ago provides historical context. The significant increase to the current assessed value highlights the property’s and area’s appreciation over time, but is not a direct predictor of today’s market value.
4. How does the lot size compare to typical city lots?
At 5,999 sqft, the lot is above average for Monck Avenue and Norwood West, offering more private outdoor space than many nearby properties. City-wide, it is around the average, indicating this is a comfortably sized urban lot, not an exceptionally large one.
5. Where can I get verified historical sale data for this property?
The site notes that exact sold prices and full transaction histories are not displayed due to industry rules. They offer a manual lookup service; you can request the exact figures by email, and they will provide the information directly without using your contact for marketing.