20 Monaco Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,291 sqft single-family home sits on a 6,357 sqft lot in Windsor Park’s Monaco Bay enclave. Built in 1961, it falls in line with neighbourhood averages for age. Where it stands out is size: the living area ranks in the top 10% on the street and top 11% in the broader community. The lot is even more competitive—top 6% on the street and top 25% citywide. The assessed value of $412,000 is the highest on its street (top 2%) and sits in the top 5% within Windsor Park, though it’s closer to average across Winnipeg as a whole.
The appeal here is less about flash and more about proportion. You’re getting a home that’s meaningfully larger than most on the block, on a lot that’s also above average by a clear margin, yet the tax assessment doesn’t push into outlier territory at the city level. That combination suggests a property with good relative value—above-average physical space without a premium assessed price tag.
This property would suit buyers who prioritize square footage and outdoor space over a newer build. It’s a good fit for someone who wants a solidly sized home in an established neighbourhood, and who is comfortable with a 1960s structure that likely needs some updating but offers room to work with. Investors or homeowners looking for a property with strong comparative metrics in its immediate area may also find it appealing.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
It’s one of the larger homes on Monaco Bay, ranking 5th out of 48 for living area and 3rd out of 48 for lot size. Both measurements sit comfortably above the street and community averages.
2. Is the assessed value of $412,000 reasonable for this area?
It’s the highest assessed value on the street, but within Windsor Park it falls in the top 5%. Across Winnipeg, it’s close to the citywide average of $390,000, so while it’s high locally, it’s not out of step with the broader market.
3. What does the 1961 build year mean in practical terms?
Homes from this era are common in Windsor Park. The age is middle-of-the-pack for the street and community. Buyers should expect original mechanical systems or finishes, but the construction is generally solid. Renovation potential is a factor to consider.
4. How does the lot size compare to typical Winnipeg properties?
At 6,357 sqft, it’s above both the street and community averages, and sits in the top 25% citywide. That’s a notable advantage for anyone wanting more yard space without moving to a larger property type.
5. What does “接近平均” (close to average) mean in the citywide rankings?
It means that while the home ranks very well within its street and community, its citywide position for living area and assessed value is more middle-of-the-pack. This is common for properties in established neighbourhoods—they stand out locally but don’t dominate at a city scale.