Property Overview: 839 Moncton Avenue, Winnipeg
Key Characteristics & Appeal
This home at 839 Moncton Avenue is a practical, post-war bungalow built in 1947, situated on a near-standard 5,000 sqft lot in the Munroe East neighbourhood. Its key appeal lies in its position as a straightforward, lower-assessed value entry point into the Winnipeg market. With 987 sqft of living space, it is very typical for its immediate street and area, offering a manageable size for first-time buyers or downsizers.
The data reveals a nuanced picture: while the home’s size and lot are average for the local context, its assessed value is consistently below average across all comparisons—from its own street to the entire city. This suggests it may be viewed as a value-oriented option or potentially require some updates. Its 1947 build date is older than most homes in the wider area, which could appeal to buyers interested in a classic bungalow layout with renovation potential. This property would best suit a pragmatic first-time homebuyer, an investor looking for a land-value proposition, or a hands-on owner willing to personalize an older, character home.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($23,300) is for municipal tax purposes. Market value (what a buyer would pay) is determined by current market conditions and can be significantly different. The last recorded sale was between $200k-$250k in March 2020.
2. How does this home compare to others on the street?
It’s quite typical. Its living area is almost exactly the street average, and its lot size is actually slightly larger than most neighbours. Its main differentiator is its lower assessed value, placing it in the bottom 30% on the street for that metric.
3. What does the older year built (1947) mean for me?
It indicates the home likely has original building materials and systems. This can mean charming character but also a higher likelihood of needing updates to wiring, plumbing, windows, or insulation compared to a newer build. A thorough inspection is essential.
4. The city-wide living area seems small. Is the house too small?
The city-wide average includes many newer, larger suburban homes. Within its own Munroe East area, this home’s size is very average (top 56%), indicating it’s a typical floor plan for this established neighbourhood. It’s a question of personal needs versus neighbourhood character.
5. Why is the sold price history an estimated range?
Exact sale prices in Manitoba are not publicly posted online. The range is estimated from public data. You can request the exact historical sale price from the site via email, which they provide manually as a service.