Property Overview: 1093 Moncton Avenue, Winnipeg

Key Characteristics & Appeal

This home at 1093 Moncton Avenue in Munroe East presents a compelling opportunity rooted in its strong positional value within its immediate community. Built in 1967, the 1,255 sqft house sits on a notably generous 5,500 sqft lot, which ranks within the top 6% on its own street. This larger-than-average parcel for the area is a key asset, offering ample outdoor space and potential.

The appeal lies in its established neighbourhood setting and its standout metrics locally. Both the living area and assessed value rank consistently above average for Munroe East and on Moncton Avenue itself, suggesting a property that has been maintained or valued more highly than many of its direct peers. A sale in the 2021-2025 period was recorded in the $350k-$400k range, which placed it in the top 14% for the area at that time.

This property would suit a buyer looking for a solid, established home in a mature neighbourhood, who values a larger lot for gardening, play, or future expansion. It’s also a sensible choice for those who prioritize homes that perform well against local comparables rather than just city-wide averages, indicating a good standard for the specific area.

Frequently Asked Questions

1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is often significantly lower than market value. The last known sold price range ($350k-$400k in 2021) is a more relevant, though dated, indicator of its market worth. Current market conditions and the property's condition will determine today’s price.

2. What does the "above average" ranking for the area actually mean?
It means that compared to most similar homes in the Munroe East neighbourhood, this property has a larger living area, a higher assessed value, and a larger lot. This suggests it may be a more substantial or well-situated property within its own community context.

3. The house was built in 1967. What should I consider?
While newer than many on its street (top 30%), a home of this age will likely have had major systems like roof, windows, plumbing, or electrical updated. A thorough inspection is essential to understand the condition and timeline for any necessary modernizations or repairs.

4. Is the large lot a major advantage?
Potentially, yes. A lot size in the top 6% for the street offers more privacy, space for additions like a garage or deck, and room for landscaping. It’s a relative rarity on the block that could add long-term value and utility.

5. How can I find out the exact past sold price?
The listing service provides sold price ranges from public data. To obtain the exact historical sale figure, you must request it directly from them via email, as they manually verify and provide this detail.