34 Monaco Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1962-built home with 1,089 square feet of living space on a 7,907-square-foot lot. What stands out most is the lot size. On its street, it ranks 1st out of 48 homes—top 2 percent—and well above the street average of 5,906 square feet. That kind of land is unusual in Windsor Park, where the neighbourhood average is 6,030 square feet. Even citywide, the lot ranks in the top 12 percent.
The assessed value is $399,000, which is 2nd on the street (top 4 percent) and well above the street average of $362,700. In the Windsor Park neighbourhood, it ranks in the top 9 percent. The living area is slightly above street average but sits right around the neighbourhood average—nothing exceptional.
The home’s appeal lies in the combination of a large, private yard and a location that holds its value relative to nearby properties. It’s not the biggest house, but the land gives room for expansion, gardening, or simply space that tighter lots don’t offer. The 1962 build is typical for the area; the street is mostly similar vintage.
This property would suit buyers who prioritize outdoor space and are willing to work with an older home’s interior. It could also appeal to someone looking to renovate or eventually build, given the lot size. It’s less suited for anyone wanting a turnkey larger home or a newer build without land trade-offs.
Five Possible FAQs
1. How does the living space compare to other homes in the area?
The home is 1,089 square feet—right around the street average of 1,087 and the neighbourhood average of 1,091. It’s not large, but it’s not unusually small for this part of Windsor Park. Citywide, comparable homes average 1,342 square feet, so this is below that benchmark.
2. Is the assessed value high for the neighbourhood?
Yes. At $399,000, it ranks 2nd on Monaco Bay and in the top 9 percent for the neighbourhood. The street average is $362,700, and the neighbourhood average is $354,200. That premium reflects the lot size more than the house itself.
3. What are the renovation or expansion possibilities?
The 7,907-square-foot lot is significantly larger than typical for the area. That provides flexibility—whether you want to add square footage, build a detached garage or shop, or simply keep a large yard. That said, local zoning and permits would determine what’s possible, so checking with the city is wise.
4. How old is the home, and does that matter?
Built in 1962. That’s slightly older than the citywide average of 1966 for comparable homes, but very consistent with the street and neighbourhood, where most homes date to the early 1960s. The age means systems like plumbing, electrical, and insulation may need updates—something a home inspection would clarify.
5. Where is this property relative to other homes in the city?
Citywide, the lot ranks in the top 12 percent, the assessed value in the top 39 percent, and the living area around the middle (top 62 percent). The home is competitive in land and value but average in size. For the neighbourhood, it’s a top-tier lot with above-average value, but the house itself is typical.