Property Overview & Key Characteristics
This one-storey home at 469 Simcoe Street is a compact, character property built in 1910. With 760 sqft of living space and a 2,500 sqft lot, it sits below the city averages for size, positioning it as a more manageable and potentially affordable entry point into Winnipeg’s Daniel McIntyre neighbourhood. The home features a detached garage and an unrenovated basement.
Its primary appeal lies in its location and simplicity. For its street and immediate area, its assessed value is around average, suggesting it’s priced in line with the local market rather than carrying a premium. The home’s age is actually above average for Simcoe Street, indicating it fits the historic fabric of the area. It would suit a first-time buyer, an investor, or someone looking to downsize who prioritizes location over square footage and is prepared for a home with original character and an unfinished basement. The modest scale means lower utility costs and less maintenance, which is a practical, less obvious advantage.
Frequently Asked Questions
1. Is this a small house compared to others?
Yes. At 760 sqft, the living area is notably smaller than the average home in Winnipeg, in Daniel McIntyre, and even on Simcoe Street itself. This makes it a compact, efficient layout.
2. What does the "unrenovated basement" imply?
It means the basement space is in original or utilitarian condition, not finished as a living area. It offers functional space and storage potential but would require investment to modernize or finish.
3. How does the assessed value compare?
The assessed value of $17,700 is around the average for homes on Simcoe Street and in the Daniel McIntyre area, but it is significantly below the average assessed value for the entire city.
4. Is the property on a large lot?
The 2,500 sqft lot is near the average for the street and neighbourhood. However, it is considerably smaller than the typical city-wide lot average, which is over 6,500 sqft.
5. Are other homes on the street similar?
Nearby properties on Simcoe Street show a mix, with some similar in age and value, and others larger and with higher assessments. This suggests a street with varied housing stock, from modest starter homes to more substantial renovated properties.