27 Monarch Mews

Property Overview

This two-storey home in Vialoux offers a compelling blend of space, established charm, and strong city-wide standing. Its key appeal lies in its generous 2,081 sqft of living area and a large, 8,706 sqft lot, providing ample room both inside and out. The property features a finished basement and an attached garage. Built in 1974, it presents a solid, well-maintained investment in a mature neighbourhood.

The home’s standout characteristic is its impressive relative value within Winnipeg. It ranks in the top 9% of the city for lot size and the top 8% for living area, meaning it offers more space than the vast majority of homes. This is balanced by its more moderate rankings within its immediate street and community for factors like age and assessed value, suggesting it fits comfortably within its local market rather than being an outlier.

This property would suit buyers looking for established character and substantial space without venturing into premium luxury pricing. It’s ideal for a growing family needing room to spread out, or for someone who values a large private yard. It also appeals to the value-conscious buyer who appreciates statistics, as the numbers clearly show you are acquiring a home that is spaciously superior to most in the city.

Key Questions for Consideration

1. What does the "finished basement" entail?
The listing confirms the basement is finished, but the scope, quality, and ceiling height of the renovation are not detailed. This is a key point for determining usable living space and should be verified in person.

2. How does the 1974 construction date impact maintenance?
While the home ranks well for its age locally, being 52 years old means prospective buyers should pay particular attention to the condition of major systems like roofing, plumbing, electrical, and windows, which may be at or beyond their typical lifespan.

3. The lot is large, but how is it shaped and oriented?
At over 8,700 sqft, the lot size is a major asset. Understanding its layout—whether it's deep, wide, or irregular—and its sun exposure will help gauge its potential for gardening, recreation, or future additions.

4. The assessment value is lower than the city ranking for size. What does this indicate?
The home’s assessed value ranks in the top 13% city-wide, which is high, but not as high as its size rankings (top 8-9%). This can sometimes suggest the interior or specific features may benefit from updates, or it may reflect the local area's pricing. It's a useful point for value discussion.

5. What is the mix of homes on the street and in Vialoux?
The home ranks highly for size on its street (top 14%) but moderately for value (top 50%). This suggests the immediate block may have a varied mix of home sizes and values. Understanding the neighbourhood's consistency will help set expectations for community character and long-term value trends.