Property Overview: 50 Monty Hall Drive
Key Characteristics & Appeal
This two-storey home in Winnipeg's Leila-Mcphillips Triangle neighbourhood offers a practical, move-in-ready layout with a renovated basement. Built in 1989, it sits on a manageable 6,769 sqft lot and features over 2,000 sqft of living space, which is notably above average for both the neighbourhood and the city overall. The home includes an attached garage for convenience.
Its primary appeal lies in its space efficiency and established location. While the lot size is the smallest on its street, the living area is generous, suggesting a well-utilized floor plan. The recently renovated basement adds immediate functional space without the need for upfront projects. The assessed value is positioned below average for the immediate street but above average citywide, which may indicate value within a desirable micro-location.
This property would suit buyers looking for a spacious, low-maintenance home in a mature neighbourhood. It’s ideal for those who prioritize interior living space over extensive yard work, and for value-conscious buyers who see potential in a home that is already updated in key areas like the basement.
Frequently Asked Questions
1. How does the lot size impact the property?
While the lot is the smallest on Monty Hall Drive, it is still above the city-wide average. This typically means lower outdoor maintenance while still providing private yard space. The trade-off is less sprawling greenery but more time and cost savings on upkeep.
2. The assessed value seems low for the street. What does that mean?
The assessment is below the average for Monty Hall Drive but above average for Winnipeg overall. This can sometimes reflect the specific characteristics of the home relative to its immediate neighbours (like lot size or finishes) rather than the area's desirability. It's important to compare the sale price to recent neighbourhood sales, not just assessments.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the renovation, whether it includes a proper permit, the type of flooring and finishes, and if it added legal bedrooms or simply recreational space.
4. Is the sold price history for this exact address?
The sold price range shown (e.g., $54.5k ~ $57.5k in 8/2024) is for this specific property, based on public data. For the exact, precise sale price, you can request it via email from the site, as they manually verify official records.
5. How does the age of the home (1989) affect maintenance?
A home from this era is likely to have undergone several major system updates. While the basement is noted as renovated, buyers should still investigate the age and condition of the roof, windows, furnace, and major plumbing, as these would be typical maintenance considerations for a house of this vintage.