Property Overview
225 Semple Avenue is a compact, one-storey home in Winnipeg's Jefferson neighbourhood. Built in 1922, its key characteristic is its affordability, underscored by a modest 618 sqft living area and a low assessed value. The home sits on a 3,096 sqft lot and features a basement that is present but not renovated. There is no garage or pool. Its appeal lies squarely in its position as an accessible entry point into the housing market. It suits first-time buyers, investors looking for a low-cost rental property, or anyone seeking a minimalist footprint with very low property taxes. A thoughtful perspective is that this property represents a "blank slate" opportunity—its value is primarily in the land and the structure's potential, rather than in any finished condition, making it a project for those who want to customize without paying a premium for prior renovations.
Frequently Asked Questions
1. What is the actual selling price?
Based on public data, the home sold in March 2025 for an estimated range of $14.5k to $17.5k. For the exact sale price, you can request the information via email from the listing service.
2. Is this a tiny home?
At 618 square feet, it is significantly smaller than the average Winnipeg home (approx. 1,342 sqft). It fits the definition of a small or compact home, offering a lifestyle focused on simplicity and low maintenance.
3. What are the major drawbacks?
The living space is well below average for the street, area, and city. The basement exists but is unrenovated, and there is no garage. The home is over 100 years old, so prospective buyers should budget for potential updates and maintenance.
4. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, dedicated workspace, significant storage, or who are not prepared for the upkeep of an older home. Families or those who frequently work from home may find the space too limited.
5. Why is the assessed value so much lower than the city-wide average?
The assessed value of approximately $19,200 reflects the home's small size, age, and basic condition compared to the broader Winnipeg market. Property assessments are based on these tangible characteristics rather than neighbourhood trends alone.