Property Overview: 406 Semple Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Jefferson offers solid value and space. Built in 1954, it features a renovated basement and a detached garage. The key appeal lies in its above-average proportions for the immediate area. With 1,253 sqft of living space and a 6,185 sqft lot, it ranks in the top 15-22% on its street and top 6% in the wider Jefferson neighbourhood for land size. This provides more room than many nearby homes. The assessed value is consistently above average for the local context, suggesting the property is well-regarded within its market.
The home suits practical buyers looking for a move-in-ready foundation with room to grow. It’s ideal for first-time homeowners or small families who value interior space and a larger yard in a mature neighbourhood. A thoughtful perspective is that while the home is newer than many on the street, its 1950s build still means maintenance considerations typical of that era. Its strong local rankings, however, indicate it’s a standout property on its own terms within Jefferson, rather than just another comparable listing.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The home is notably larger than many in Jefferson. Its living area and lot size consistently rank in the top 15-20% on Semple Avenue and in the broader neighbourhood, offering more space than the local averages.
2. What does the assessed value tell me?
The assessed value of $33,400k is above the average for both the street and Jefferson, placing it in the top 13-20% locally. This typically indicates the municipal assessment views it favorably compared to nearby properties, which can be a useful benchmark.
3. Is the renovated basement a full suite?
The listing confirms a renovated basement but does not specify if it is a legal secondary suite. Buyers should verify its configuration, permits, and potential for rental income with their agent.
4. What is the typical price history for this home?
Public data shows a sale in July 2019 in the $265k-$295k range. For the exact historical sold price, you can request it via email from the listing source.
5. How does the year built affect the home?
Built in 1954, the home is newer than many on its street (average build year 1946). While this can mean updated building practices for its time, buyers should still factor in potential updates for major systems like plumbing, electrical, or the roof, which may be due for attention based on their age and maintenance history.