Property Overview
This one-storey home at 284 Semple Avenue in Winnipeg's Jefferson neighbourhood is a compact, character property built in 1913. With 800 sqft of living space and a renovated basement, it sits on a modest 3,090 sqft lot with a detached garage. The data indicates it is smaller, older, and has a lower assessed value than most comparable homes in its immediate area, neighbourhood, and city-wide. Its most recent recorded sale was between 2016 and 2025. The appeal lies in its simplicity, manageable size, and the value proposition of an established home with recent basement updates. It is likely suited for first-time buyers, downsizers, or investors seeking an affordable entry point with minimal upkeep relative to larger properties.
Key Characteristics & Suitability
This home's defining characteristic is its modesty across nearly all metrics. Its below-average size, assessed value, and land area for the area suggest a property that prioritizes function and affordability over space or modern amenities. The renovated basement is a practical update that adds usable living area. Its appeal is grounded in being a straightforward, no-frills home in an established neighbourhood. It would suit a buyer comfortable with the charm and potential constraints of a century-old home, who values lower property taxes (reflected in the assessed value), and who seeks a manageable footprint without a large yard or complex maintenance. A less obvious perspective is that its consistent "below average" ranking could represent a stable, predictable investment in a city where average prices are rising, offering insulation from the top of the market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller size, older age, and modest lot—compared to others. It reflects a lower valuation for municipal tax purposes, which can be an ongoing financial benefit for the owner.
2. What does having a "renovated basement" entail?
While the listing confirms the basement is renovated, specifics on the finish quality, permits, or moisture control are not provided here. This would be a key area for a home inspection and discussion with the seller.
3. Is the smaller lot size a disadvantage?
It depends on your lifestyle. A smaller lot means less outdoor maintenance, which can be a plus for those seeking simplicity. However, it also limits potential for expansions, large gardens, or extensive outdoor living spaces.
4. How does the 1913 build year affect the home?
A home of this age will have character but likely requires attention to older building systems like wiring, plumbing, and insulation. The renovated basement is a positive update, but the overall condition of the original structure should be carefully evaluated.
5. The last sold price shown is a range. How can I get the exact figure?
As noted in the data, the exact historical sale price is available by request from the listing source. You can provide your email to receive the precise figure, as this information is manually verified from non-public records.