Property Overview: 909 Simpson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1958 bungalow in Munroe East presents a practical opportunity centered on its land. The 918 sqft living space is modest and below average for the area, suggesting a home suited for essential living without excess. Its assessed value is consistently below average, indicating a potentially accessible entry point into the market.
The primary appeal lies in its generous 5,751 sqft lot, which ranks well above average for both the street and the neighbourhood. This creates significant value not in the structure, but in the land itself, offering ample outdoor space for gardening, expansion, or future redevelopment. The property last sold in late 2019 for an estimated $200k-$250k.
This home would best suit a value-conscious buyer, such as a first-time homeowner comfortable with a smaller footprint, or an investor looking at the long-term potential of the lot. It’s a property where you’re purchasing space and location more than a finished product, appealing to those who see potential in the land or are willing to update the home over time.
Section 2: Frequently Asked Questions
1. Is the house in need of major updates?
Given its age (68 years) and below-average assessed value, buyers should budget for updates typical of a home from this era. An inspection is essential to determine the condition of major systems like roof, plumbing, and wiring.
2. What makes the lot size so significant?
At 5,751 sqft, the lot is notably larger than most in the immediate area. This provides rare outdoor space for the neighbourhood and could offer future flexibility, such as adding an addition, a large garage, or landscaping features that smaller lots cannot accommodate.
3. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes ($28,600) is not a market valuation. The previous sold price (2019) and current market conditions will be the primary drivers. The low assessment, however, suggests relatively lower property taxes.
4. What is the neighbourhood like?
Munroe East is a mature, established neighbourhood. The data shows homes here are of a similar vintage and scale, offering a consistent streetscape. Its appeal is typically grounded in convenience and stability rather than luxury.
5. Can I find out the exact past sale price?
Yes, but not directly on the site. The provided data shows a sold range. As noted, you can request the exact historical sold figures by emailing the site administrators for a manual lookup, as this data is not sourced from the MLS.