Property Overview: 761 Simcoe Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey character home in Winnipeg's Daniel McIntyre neighbourhood, built in 1904. Its key characteristic is its modest 700 sqft living area, which is notably smaller than most comparable homes locally and city-wide. This is balanced by a renovated basement and a detached garage. The lot size is fairly typical for the area at just under 2,500 sqft.
The appeal lies in its efficiency and affordability. With a relatively low assessed value, it represents a practical entry point into homeownership. The renovated basement adds functional living space, making the overall footprint more workable. It suits first-time buyers, downsizers, or investors looking for a manageable, low-maintenance property. Its age and smaller size mean utility costs and property taxes may be lower than average, offering a different kind of value for those who prioritize financial efficiency over square footage. It’s a home for those who see a smaller, older house not as a limitation, but as a simpler, more economical way to own in a central community.
Section 2: Frequently Asked Questions
1. Is the house too small for comfortable living?
While the 700 sqft main floor is compact, the renovated basement effectively doubles the usable living area. This layout can work well for individuals, couples, or small families who are savvy with space and appreciate efficient design.
2. What are the implications of the home's age (1904)?
The age indicates classic character but requires a diligent inspection. While systems may have been updated, buyers should budget for the maintenance typical of a 120-year-old structure and inquire specifically about the foundation, wiring, and plumbing.
3. How does the assessed value compare to the likely sale price?
The assessed value is a municipal tool for calculating taxes, not a market price. The last recorded sale was in 2021 for $21,800. A current market appraisal is essential, as sale prices are influenced by factors like the recent renovations and current market conditions.
4. What is the neighbourhood like?
Daniel McIntyre is a mature, central Winnipeg community. It offers the convenience of established amenities, services, and likely good transit access. Buyers should visit at different times to gauge neighbourhood activity and fit.
5. What are the advantages of a detached garage?
A detached garage provides secure storage or workshop space separate from the house. For a smaller home, this is a significant asset, keeping seasonal items, tools, or vehicles from encroaching on the primary living areas.