Property Overview: 174 Monck Avenue, Winnipeg
Key Characteristics & Appeal
This home at 174 Monck Avenue in Norwood West is a character property with solid, above-average space on a desirable lot. Built in 1910, it is notably older than most homes in the city, offering classic charm but also implying a need for thoughtful maintenance and potential updates. Its primary appeal lies in its generous proportions: the living area of 1,922 sq ft ranks well above neighborhood and city averages, providing ample room for a family. The lot size of nearly 6,000 sq ft is also larger than most on the street, suggesting valuable outdoor space and potential.
The home suits buyers looking for a established character home in a mature neighborhood, who value interior space and lot size over a newer build. It’s a practical fit for those comfortable with the realities of an older home, possibly seeing value in its good ranking for space against its assessed value, which sits around the average for the area. The recent sale in mid-2024 within the $400k-$450k range aligns with this profile, indicating a market-tested value proposition for a spacious, classic home.
Frequently Asked Questions
1. How does the age of this home (1910) practically affect it?
While offering character, a home of this age typically requires closer attention to foundational systems like wiring, plumbing, and insulation. Prospective buyers should prioritize a thorough inspection to understand the condition and any needed updates, which can be an opportunity to customize.
2. The living area is above average, but the assessed value is around average. Why?
This is common for older character homes. The valuation balances the desirable square footage and lot size against factors like the home’s age, potential need for modernization, and the market’s adjustment for maintenance costs compared to newer builds.
3. What does the lot size mean for me?
At 5,997 sq ft, the lot is larger than many on the street. This provides more privacy, yard space for gardening or recreation, and future potential for additions or landscaping projects, which is a significant asset in a mature neighborhood.
4. The sold price is shown as a range. How can I get the exact figure?
Exact sold prices are not displayed publicly on this site due to data source rules. You can request the precise sale history by emailing the site via the "Request exact figures by email" button; they provide the information manually without using your email for marketing.
5. Are the rankings for "Year Built" a concern?
The low ranking (e.g., Top 90%, meaning it's older than 90% of peers) simply quantifies that this is one of the older homes in the area. It doesn't inherently indicate a problem but highlights a key characteristic. Value here comes from space, lot, and charm, not modernity.