55 Simsbury Place

Property Overview: 55 Simsbury Place, Linden Woods

Section 1: Key Characteristics & Appeal

This well-established home in the desirable Linden Woods neighbourhood presents a solid, above-average offering in terms of living space. With over 2,200 square feet, the interior is notably larger than both the Winnipeg city average and the local area average, providing ample room for family life. The lot size is consistent with many homes on its street but is slightly more compact compared to some larger properties within Linden Woods itself, potentially offering a balance of yard space with less maintenance.

The home’s primary appeal lies in its location within a mature, sought-after community, coupled with a generous floor plan. Built in the early 1990s, it is part of a stable and developed streetscape. The assessed value positions it as a mainstream option within Linden Woods, not an outlier, suggesting it aligns with the expected value for this area. This property would best suit buyers looking for a ready-to-live-in family home in a prime neighbourhood without the premium lot size or ultra-modern features of some higher-tier listings. It represents an opportunity to secure above-average interior space in a top-tier school district and community.

Section 2: Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
While the lot is average for Simsbury Place, it ranks below the broader Linden Woods average. This could mean a more manageable yard but less private outdoor space than some neighbouring properties.

2. Is the home’s assessed value a reliable indicator of its market price?
The assessed value ($63,800) is for municipal tax purposes. Notably, the home sold for between $550,000 and $600,000 in 2020, which is a more relevant benchmark for current market value. Always consult a real estate professional for a current market evaluation.

3. What does the "above average" living area ranking mean practically?
Ranking in the top 6% city-wide for living area means this home offers significantly more interior space than most in Winnipeg. For a growing family, this is a key advantage over many other homes on the market.

4. The home was built in 1992. What should I consider?
Homes from this era are often past the point of original major components failing but may not have seen comprehensive updates. A thorough inspection is advised to assess the condition of the roof, windows, HVAC, and any original kitchens or bathrooms, which may be due for renovation.

5. Where can I see more detailed context about the immediate area?
You can view a detailed neighbourhood analysis map to compare this property directly with nearby homes in terms of year built, lot size, living area, and assessed value. This helps visualize how it fits precisely within its specific streetscape.