Property Overview
394 Semple Avenue is a well-situated one-storey home in Winnipeg's Jefferson neighbourhood. Built in 1954, it features a renovated basement and a detached garage. The home's standout feature is its generous 6,556 sqft lot, which is significantly larger than most in the immediate area and ranks in the top 4% of the Jefferson neighbourhood. With 1,063 sqft of living space, the home is comfortably sized and compares favourably to local averages. Its assessed value is also above average for Jefferson, suggesting a solid level of investment in the property relative to its peers.
Key Characteristics & Appeal
The primary appeal of this property lies in its land. The lot size offers rare potential for expansion, gardening, outdoor living, or simply enjoying more private space than is typical for the area. The renovated basement adds functional living space and modern convenience to a classic post-war home. Its above-average assessment in the neighbourhood indicates it may be in better condition or have more features than surrounding homes.
This property would suit a practical buyer looking for a solid foundation in a established community. It’s ideal for someone who values outdoor space over a large interior footprint, or for a household planning a future addition. First-time buyers or downsizers seeking a manageable single-level layout with a low-maintenance detached garage would also find it a strong fit. A less obvious perspective is that a larger, well-kept lot in a mature neighbourhood often contributes to long-term stability and curb appeal that outlasts interior design trends.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is 6,556 sqft, which is above average citywide. For context, the average lot in Winnipeg is about 6,570 sqft, but in the Jefferson neighbourhood, the average is much smaller at around 4,742 sqft, making this property's yard a notable feature.
2. What does the "above average" assessed value mean for this home?
An assessed value that ranks in the top 22% for Jefferson suggests the municipal assessor views this property as more valuable than most in the immediate area. This can be due to factors like the renovated basement, the large lot, overall condition, or a combination of features.
3. Is the living space suitable for a growing family?
With just over 1,000 sqft on the main floor plus a renovated basement, the home offers flexible space. It may suit a young family, but those needing multiple large bedrooms or dedicated main-floor rooms should verify the specific layout.
4. What is the historical price trend?
Public data shows it last sold in March 2021 for an estimated range of $29.5k to $32.5k. The current assessed value is $31.7k. For precise historical sold prices, you can request the exact figures from the listing source.
5. Are the rankings comparing this home to similar properties?
Yes. The rankings compare this home to others on the same street, in the Jefferson area, and citywide for metrics like living area and lot size. This provides context on how its features measure up against immediate neighbours and the broader market.