Property Overview: 721 Moncton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 721 Moncton Avenue in Munroe East is a classic, mid-century bungalow built in 1959. With 914 sqft of living space and a nearly 5,000 sqft lot, it presents a practical footprint. The data suggests it’s a property of contrasts: its assessed value ranks above average for its street, indicating it may be well-maintained or have desirable features relative to its immediate neighbors. However, its living space is below the city-wide average, positioning it as a more modest, manageable home.
The appeal lies in its established neighborhood setting and its lot size, which offers ample outdoor space for its category. It suits first-time buyers seeking an entry point into homeownership without an overwhelming amount of house to maintain, or downsizers looking for a single-level living option with a decent yard. A thoughtful perspective is that its "above-average for the street" assessment could signal a solid foundation for value retention within its specific community, even if it isn't a standout city-wide.
Section 2: Frequently Asked Questions
1. What is the recent sales history?
The property sold twice in recent years: in 2017 for an estimated $200k–$250k and in 2021 for an estimated $300k–$350k. Exact prices can be requested from the listing service.
2. How does the size compare to nearby homes?
At 914 sqft, the living area is slightly smaller than the average home on Moncton Avenue (~1,012 sqft) and notably smaller than the Winnipeg city-wide average (~1,342 sqft).
3. Is the assessed value high?
Its assessed value of $30,600 is above the average for Moncton Avenue, about average for the wider Munroe East area, and below the city-wide average. This suggests it's a valued property on its own street.
4. What are the potential considerations for a 1959 home?
Being 67 years old, buyers should budget for updates and ensure major systems (roof, plumbing, electrical, insulation) are inspected. Its age is typical for the street and area.
5. How does the lot size benefit a buyer?
The 4,995 sqft lot is slightly larger than many on its street and in the area, offering more private outdoor space than some comparable properties, which is a key asset.