Property Overview: 405 Semple Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on a large, 6,804 sqft lot in the Jefferson neighbourhood presents a compelling blend of space and established value. Its key strength is its generous proportions: the 1,728 sqft living area ranks in the top 4% on its street and top 3% in Jefferson, offering significantly more room than typical local comparables. This is complemented by a renovated basement, adding functional living space. The detached garage and the substantial lot—ranking in the elite top 3% for land area in the neighbourhood—provide excellent outdoor utility and potential.
The appeal lies in its established, above-average positioning within a specific community rather than the broader city market. While its 1954 build date is newer than many area homes, the value is clearly in the land and living space. It suits practical buyers looking for a spacious family home with room to grow, garden, or entertain in a mature neighbourhood. It’s ideal for those who prioritize interior square footage and lot size over a newer build, and who see value in a property that stands out significantly within its immediate locale.
Frequently Asked Questions
1. How does this home’s value compare to the rest of Winnipeg?
City-wide, its assessed value and year built are around the Winnipeg average. Its standout features are relative to its specific neighbourhood and street, where it ranks well above average for living space and lot size.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This is a key detail to clarify with the seller or a viewing agent to understand the quality and layout of this additional space.
3. Is the detached garage heated or insulated?
This information is not provided in the available data. The condition, size, and amenities of the detached garage would be important points to verify.
4. The last sold price range (2022) is close to the current assessed value. What does this indicate?
This suggests the property’s market value has been relatively stable in recent years, with the assessment aligning with recent sales activity. It points to a property holding its value in its market segment.
5. The lot is large. Are there any restrictions on its use?
While the large lot is a major asset, it’s wise to check municipal zoning bylaws for any restrictions on additions, secondary suites, or outbuildings to fully understand the potential of the property.