Property Overview: 329 Semple Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1910, presents a distinct profile in Winnipeg's Jefferson neighbourhood. Its primary appeal lies in its generous, above-average living space of 1,520 sq ft, which ranks within the top 6% of homes on its street and in the local area. This spacious interior is complemented by a renovated basement, adding functional living area. The property suits buyers looking for character and more room than is typical for the area, without a premium price tag, as reflected in its well-below-average assessed value.
However, its appeal is nuanced. The home's age and smaller lot size (3,092 sq ft) mean it ranks lower in those metrics compared to peers. This creates an opportunity for a specific buyer: someone who prioritizes interior space and the potential of an older home over a large yard or modern construction. It’s a practical choice for those comfortable with the maintenance of a century-old house who want to maximize square footage within a budget. The lack of a garage and pool underscores its value as a straightforward, no-frills family home.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for municipal tax purposes and is influenced heavily by the home's age, lot size, and specific location. This property's older age and smaller lot contribute to its lower assessment compared to newer homes on larger lots city-wide.
2. What does "Top 6%" for living area actually mean?
It means this home has more living space than 94% of comparable properties on Semple Avenue. Simply put, it's significantly larger inside than most other homes in its immediate vicinity.
3. Is a 1910 home a concern?
It depends on your perspective and preparedness. While it offers character, it likely requires diligent maintenance and updates. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation.
4. The lot is smaller than average. Is that a major drawback?
Not necessarily. It means less yard maintenance, which can be a positive for some. The trade-off is less private outdoor space, so it's ideal for buyers who value interior square footage over a large garden.
5. How reliable are the past sold price ranges shown?
The ranges are based on public data and provide a general market history. For precise historical sale figures, you must request the exact data via email, as the listing service manually verifies and provides those details to ensure accuracy.