Property Overview: 224 Semple Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home at 224 Semple Avenue stands out in Winnipeg's Jefferson neighbourhood as a modern, low-maintenance property. Built in 2023, it is essentially a new home, ranking in the top 1% for its year of construction both on its street and citywide. Its primary appeal lies in offering modern living without the wait or hassle of a new build, featuring a renovated basement and a very efficient 1,432 sqft of living space that is above average for the immediate area.
The home’s assessed value is notably high for Jefferson, placing it in the top 1-2% of the neighbourhood, which suggests quality finishes and systems. A thoughtful perspective is that this creates a unique value proposition: you get a premium, modern property within a more established neighbourhood setting. The trade-off is a smaller land area (3,094 sqft), which means less yard upkeep—a plus for those seeking a lock-and-leave lifestyle or who prioritize interior space over extensive gardening.
This property would ideally suit first-time buyers or young professionals looking for a modern, move-in-ready home without a sprawling yard to maintain. It would also appeal to downsizers seeking single-floor living potential (with a renovated basement) and new, worry-free mechanical systems, all within a community of mostly older homes.
Frequently Asked Questions
1. Is the high assessed value a good sign?
Yes, it generally indicates the property is valued well above most homes in Jefferson for its size, age, and condition. This often reflects newer construction, quality materials, and desirable updates. It's a strong indicator of a premium property within its immediate market.
2. What does the smaller land area mean for me?
The lot is below average in size for the city and neighbourhood. This translates to less outdoor maintenance and a smaller yard, which is ideal for those with busy lifestyles. However, it may offer less privacy and space for large gardens, play structures, or future expansions compared to neighbouring properties.
3. The home sold recently in late 2024. Why is it back on the market?
Without specific disclosure, common and neutral reasons can include a change in the previous owner's employment, family circumstances, or a relocation. The very recent sale does confirm strong market interest for modern homes in this area.
4. How does the living space compare practically?
At 1,432 sqft, the living area is spacious for the Jefferson neighbourhood (top 8%) but closer to the citywide average. This means the home likely feels roomy compared to nearby older bungalows, offering a modern floorplan optimized for efficient living rather than vast, unused spaces.
5. There's no garage. What are the parking options?
The listing indicates no garage. Parking would typically be via a driveway or on-street. Prospective buyers should verify the driveway capacity and review any city street parking regulations to ensure it meets their needs.