Property Overview: 748 Simpson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 748 Simpson Avenue in Munroe East is a practical, post-war bungalow built in 1957. With 970 square feet of living space, it offers a manageable size that is very typical for its immediate street and neighborhood, making it a straightforward and honest representation of housing in this area. The lot size of just under 5,000 square feet is slightly smaller than others on Simpson Avenue but is average for Munroe East overall, offering a lower-maintenance yard.
The primary appeal lies in its established neighborhood setting and its recent sale history, indicating strong market activity. Its assessed value is consistent with similar homes nearby, suggesting it is priced in line with local expectations rather than standing out as unusually high or low. This is a property for buyers seeking an entry point into a mature community without the premium often attached to larger lots or newer builds. It would suit first-time homeowners, downsizers looking for a single-level layout, or investors interested in a stable, no-fuss rental property. A thoughtful perspective is that its very "averageness" in the local context can be a virtue—it represents a lower-risk, predictable purchase in a well-established area, free from the volatility or premium costs associated with standout properties.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others in the area?
At 970 sqft, the living area is very close to the average for both Simpson Avenue (986 sqft) and the wider Munroe East neighborhood (1,009 sqft). It is, however, notably smaller than the Winnipeg city-wide average for comparable homes.
2. Is the assessed value typical for this neighborhood?
Yes. The assessed value of $31,200 is around the average for Simpson Avenue and Munroe East. It ranks in the top third locally, indicating it is assessed comparably to or slightly higher than many immediate peers.
3. What is the significance of the lot size?
The lot of 4,942 sqft is below average for Simpson Avenue but is actually typical for the Munroe East area as a whole. This may mean less yard maintenance than larger lots on the street, which some buyers may prefer.
4. The home was built in 1957. Is it older than most in the area?
Yes, it is slightly older. On Simpson Avenue, it ranks in the bottom 21% by year built, meaning most homes on the street were built after 1957. This is common for the neighborhood, where many homes are from this era, so major systems and features are likely of a similar age to those in surrounding houses.
5. Where can I find more detailed context about this specific location?
For a precise visual analysis comparing this property to its immediate neighbors in terms of year built, size, and value, you can open the dedicated neighbourhood map analysis page linked in the full details.