Property Overview

This home at 22 Mutchmor Close presents a solid, well-positioned offering in the Valley Gardens neighbourhood. Its key appeal lies not in being the largest or newest, but in its balanced and above-average standing within its immediate context. With 1,040 sqft of living space, it is very close to the average for both its street and community, offering comfortable size without excess. The property truly distinguishes itself with its assessed value for taxes, which ranks first on its street and well above the neighbourhood average, suggesting perceived quality or desirability factors that outpace direct comparables. Built in 1974, it is typical for the area. The lot size of approximately 5,500 sqft is also competitive, providing decent outdoor space.

This home would suit pragmatic buyers looking for a established, no-surprises property in a mature neighbourhood. It’s ideal for someone who values a strong relative position on their specific street and within their community over city-wide comparisons. The data suggests a buyer who appreciates a home that holds its value well against its closest neighbours, possibly indicating better upkeep, a favourable location on the street, or other intangible benefits.

Frequently Asked Questions

1. What does it mean that the assessed value is ranked #1 on the street?
This indicates that, for tax purposes, this property has the highest municipal assessment value on Mutchmor Close. It often reflects factors like lot desirability, property condition, improvements, or size relative to others on the same street, suggesting it is considered a premium property in that specific micro-market.

2. Is a 1974-built home a concern?
Not inherently. This build year is typical for the Valley Gardens area. The key consideration is the maintenance and updates made over the years. A home of this age may have had major systems like roof, windows, or furnace updated, which should be verified during an inspection.

3. How does the living space compare to a typical Winnipeg home?
At 1,040 sqft, it is smaller than the Winnipeg average of 1,342 sqft. However, it is very close to the average for its own neighbourhood (1,117 sqft) and street (1,018 sqft). This highlights that it’s a comfortably sized home for this specific, established community.

4. The lot is smaller than the city average. Is that a drawback?
The lot is about 1,000 sqft smaller than the Winnipeg average, but it is actually slightly larger than the average lot in Valley Gardens. For this neighbourhood, it is a competitively sized parcel, offering a balanced yard without excessive maintenance.

5. Why are the rankings so different between street, neighbourhood, and city comparisons?
This is a key insight. The home performs exceptionally well against its direct neighbours on Mutchmor Close (especially in assessed value), solidly within Valley Gardens, and closer to average city-wide. This pattern suggests the property’s greatest strength is its relative appeal and standing within its most immediate surroundings, which is often what matters most for day-to-day living and stability.