Property Overview: 924 Moncton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 924 Moncton Avenue in Munroe East is a classic, mid-century bungalow built in 1958. With 1,038 sqft of living space on a 4,800 sqft lot, its metrics are consistently "around average" when compared to its immediate street, neighborhood, and the wider city. This consistency is a key characteristic: it represents a solid, typical home for the area without extreme outliers in size or age.

The appeal lies in its stability and established neighborhood context. A notable point is its Assessed Value, which ranks in the top 22% on its own street, suggesting it may be perceived as having better relative value or condition than many direct neighbors. For a buyer, this indicates a property that holds its own in a familiar setting. The lot size is also slightly above average for Munroe East, offering a bit more outdoor space than many nearby homes.

This property would best suit a pragmatic first-time homebuyer or an investor looking for a straightforward, no-surprises entry into the Winnipeg market. It’s for someone who values a mature neighborhood over a brand-new build, and who sees potential in a home that is fundamentally aligned with its surroundings rather than standing out. The recent sale history on the street indicates active turnover, suggesting a dynamic local market.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value ($30,900) is for municipal tax purposes and is typically much lower than market value. Market price is determined by current buyer demand, the condition of the home, and recent sale prices of comparable properties, like the nearby sale in the $250k-$300k range in early 2020.

2. What does the "around average" ranking for most features actually mean?
It means this home is very representative of the Munroe East area. You are not paying a premium for an unusually large lot or modern build, nor are you compromising on significantly less space or an older home than the norm. It’s a benchmark property for the neighborhood.

3. The home was built in 1958. What should I be aware of?
While the age is typical for the area, a home of this vintage may have original plumbing, electrical, or insulation systems. A thorough inspection is crucial to understand if any major updates have been completed or if modernization will be a future consideration.

4. The data shows a sold price from early 2020. Is that relevant today?
It provides a historical benchmark, but market conditions have likely changed since then. It's most useful for seeing the price trajectory of the street. For a current market valuation, you would need to look at sales of similar homes from the past 3-6 months.

5. How can I get more specific information about recent upgrades or the interior condition?
The provided data is statistical. For details on renovations, roof age, interior layout, and overall condition, you would need to view the property listing details, schedule a viewing, or request the information directly from the seller or their agent.