Property Summary for 22 Monarch Mews
Key Characteristics & Appeal
This is a well-established, 1975-built bi-level home on a large, 6,049 sqft lot in Vialoux. Its key features include a fully finished basement, an attached garage, and 1,252 sqft of living space. The appeal lies in its balance of space, mature setting, and relative value within the broader Winnipeg market. The data reveals a compelling profile: while the home's size and age are fairly typical for its immediate street and neighborhood, it stands out for its assessed value, ranking higher than 82% of all Winnipeg homes. This suggests a property that is perceived as a solid, long-term holding in a stable area.
It would suit practical buyers looking for a move-in ready home with ample outdoor space, without the premium price tag of newer builds. It's ideal for those who value a large yard over brand-new finishes and appreciate the character of a mature neighborhood. A thoughtful perspective is that this home offers the "bones" and land for future personalization or expansion, representing an opportunity to add value over time in a well-ranked location.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Vialoux, and across all of Winnipeg. For example, being newer than 93% of homes on its street but only 55% in Winnipeg shows it's on an older street in a city-wide context. Its highest ranking is for assessed value, indicating it is considered a higher-value property for tax purposes compared to most of the city.
2. Is a 51-year-old home a concern?
While the home is mature, its rankings show it is actually among the newer homes on its specific street. The condition of major systems (roof, furnace, windows) and updates over the years will be more important than the build year alone. A thorough inspection is always recommended.
3. How usable is the finished basement?
The listing confirms the basement is finished, which adds functional living space. It's important to clarify the ceiling height, layout, and whether it includes a secondary bedroom or living area, as this significantly impacts the home's total usable space.
4. What are the advantages of a bi-level design?
Bi-levels typically feature a clear separation between living and sleeping areas, with living spaces on one level and bedrooms on another, often split by a short staircase. This can offer good privacy and defined zones. The entry is usually set between the two main levels.
5. Why is the land size a notable feature?
At over 6,000 sqft, the lot is significantly larger than many standard urban lots. This provides ample space for gardening, recreation, children or pets to play, and potential future additions like a deck, shed, or expanded parking. It's a key asset that adds long-term value and livability.