Property Overview: 764 Simpson Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-established, mid-century home in the Munroe East neighbourhood, built in 1956. With 970 square feet of living space, it offers a practical and manageable layout that is very typical for its immediate street and area, making it a straightforward, no-surprises option. The lot size of just under 5,000 sqft is also standard for the local area, providing a decent outdoor space without being overly demanding to maintain.
The primary appeal lies in its positioning as a solidly average property within its local context. The data shows its living area, assessed value, and lot size are all consistently around the median when compared to its closest neighbours. This suggests a home that is competitively priced and proportioned for the community. It last sold between $300k-$350k in 2022, aligning closely with its current $300k assessed value.
This property would suit first-time buyers or practical downsizers looking for an entry point into a stable neighbourhood without premium costs. It’s for someone who values predictability over standout features—a home that matches the local norm in size and value, which can simplify both the purchase decision and future resale. A thoughtful perspective is that its older build date (1956) is actually below average for the street, which could hint at original character or, conversely, indicate a more immediate need for updates compared to neighbouring homes.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 970 sqft, the living area is very close to the average for both Simpson Avenue (986 sqft avg.) and the wider Munroe East area (1,009 sqft avg.). It’s a comfortably standard size for this location.
2. Is the assessed value in line with recent sale prices?
Yes. The current assessed value is $300k. The home sold for between $300k and $350k in 2022, indicating the assessment is grounded in recent market activity.
3. The home was built in 1956. Is that older than most on the street?
It is. The data shows the average build year for homes on Simpson Avenue is about 1960. This home is among the older ones on the block, which may be a factor for maintenance or renovation considerations.
4. What is the lot size, and is it typical?
The lot is 4,943 sqft. This is slightly below the average for Simpson Avenue but is almost identical to the average lot size for the broader Munroe East area (4,958 sqft avg.), making it very typical for the neighbourhood.
5. Where can I see more details about how this property compares to its neighbours?
You can use the provided link to open a detailed neighbourhood analysis map. This tool allows you to visually compare this home with nearby properties on factors like year built, living area, and lot size.