140 Monck Avenue

Property Overview: 140 Monck Avenue, Norwood West

Key Characteristics & Appeal

This home, built in 1930, presents a balanced offering in the established Norwood West neighborhood. Its primary appeal lies in its generous proportions and established lot. With 1,796 sqft of living space, the home is notably larger than the average for both Winnipeg and the local area, providing ample room for a family. The nearly 6,000 sqft lot is a significant asset, ranking well above average for the street and neighborhood, offering substantial outdoor space that is increasingly rare in older core areas.

The assessed value of $454,000 sits comfortably around the average for its immediate surroundings but is above the city-wide average, reflecting the desirability of the location. The recent sale in late 2024 within the $450k-$500k range confirms its market alignment. This property suits buyers looking for a character home with space to grow, garden, or entertain, who value a mature neighborhood over a brand-new build. It’s a practical choice for those who see potential in a solid, older structure and a large yard, rather than seeking a move-in-perfect modern finish.

Frequently Asked Questions

1. How does the home’s age affect its value and potential costs?
Built in 1930, the home is typical for its Norwood West street but is older than most houses across Winnipeg. This suggests charm and established landscaping, but buyers should budget for potential updates to systems like wiring, plumbing, or windows, and consider a thorough inspection.

2. Is the lot size a major advantage?
Yes. At 5,999 sqft, the lot is significantly larger than most on Monck Avenue and in Norwood West. This provides valuable outdoor space for recreation, gardening, or future additions, which is a key differentiator in this market.

3. How does the sold price compare to the assessed value?
The home sold for between $450,000 and $500,000 in September 2024. The assessed value is $454,000, indicating the sale price was likely very close to or slightly above the city’s assessment, which is typical for a fair market transaction.

4. What does the data say about the neighborhood’s property values?
The data shows that homes on Monck Avenue and in Norwood West have higher average assessed values than the Winnipeg city-wide average. This indicates a stable, in-demand area where property values hold strong relative to the broader market.

5. Where can I find more precise historical data on this sale?
The exact sold price is not publicly displayed due to data source restrictions. You can request the precise figure by emailing the site directly for a manual lookup, which they provide without using your contact information for marketing.