Property Overview: 835 Simpson Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-established home in Munroe East, built in 1959. With 999 sqft of living space, it is very typical for the immediate street and neighbourhood, offering a practical layout for everyday living. The lot size of 5,745 sqft is a standout feature, ranking in the top 18% for the Munroe East area, providing above-average outdoor space compared to nearby properties. This presents a clear opportunity for gardening, expansion, or simply more private yard space than many neighbouring homes.
The home’s assessed value is consistent with area norms, suggesting it is priced in line with market expectations for the location. Its appeal lies in its neighbourhood consistency—it’s a classic, no-surprises property in a mature community. It would suit first-time buyers or practical downsizers looking for a manageable home with a generous lot, without the premium price tag of a newer or significantly larger property. A thoughtful perspective is that while the home itself is average in size and value for the area, the larger-than-average lot offers inherent future flexibility, whether for personal use or as a value-add for a future buyer.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very representative of Simpson Avenue. The living area and assessed value are both around the street average. Its lot size is slightly above the street average, and it is somewhat newer than many homes on the block.
2. What is the significance of the lot size being in the "top 18%" for the area?
This means the property has more land than 82% of comparable homes in Munroe East. For a neighbourhood of older homes, this is a notable advantage, offering more privacy, green space, or potential for additions like a shed, deck, or garden.
3. The city-wide average living area is larger. Is this home small?
While the home is below the city-wide average for living space, it’s important to compare it to its immediate context. It is perfectly aligned with the average for both its street and the Munroe East neighbourhood, which consists of many similar, character homes.
4. What can the last sold price range tell me?
The home sold between $250,000 and $300,000 in September 2022. This provides a recent benchmark for its market value. For the exact price, you can request details via the provided email service.
5. Are the systems and structure due for updates?
Built in 1959, the home is 67 years old. Prospective buyers should budget for and investigate the age and condition of major components typical for this era, such as the roof, plumbing, electrical, and foundation, as part of their due diligence.