Property Overview: 11 Sims Crescent, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This 1,163 sqft bungalow, built in 1989 on a 5,020 sqft lot, presents a solid, middle-ground opportunity in the Mission Gardens neighbourhood. Its primary appeal lies in its efficient use of space and its position relative to local market trends. While the home's assessed value is notably below average for its immediate street and area, it recently sold for a price that ranks in the top 16% of the neighbourhood, suggesting buyers see value beyond the official assessment. The living area is above average for Sims Crescent, offering more interior space than many direct neighbours.
This property would suit practical, value-oriented buyers who are comfortable with a home from the late 1980s and may see potential in a lower assessed value. It's a candidate for someone looking for a liveable home with a decent lot size in a mature area, possibly with an eye toward long-term value in a neighbourhood where recent sale prices are strong. A thoughtful perspective is that this home represents the "established middle" of its community—not the newest or largest, but a proven and functional part of the streetscape that has maintained relevance in the market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
Assessed values for taxation purposes don't always reflect current market conditions or specific property appeal. The recent sale price indicates that buyers were willing to pay a premium compared to other homes on the street, likely due to factors like condition, updates, or layout not fully captured in the assessment.
2. How does the size of this home compare to others?
At 1,163 sqft, the living area is larger than the average home on Sims Crescent (1,122 sqft) and is very close to the Mission Gardens average. City-wide, it's slightly smaller than average, which is typical for many established neighbourhoods.
3. What does the "Top %" ranking mean for the sale price?
The recent sale price ranked in the top 16% for the Mission Gardens area and top 28% city-wide. This means the price was higher than that percentage of comparable home sales, indicating strong market performance for this property.
4. Is the lot size typical?
Yes. The 5,020 sqft lot is very close to the average for both Sims Crescent and the broader Mission Gardens area, offering standard outdoor space for the neighbourhood.
5. How can I find out the exact historical sale price?
The provider offers a manual service to share the exact sold price. You can submit your email via the button on the listing; they aim to reply by the end of the same day and state they will not use your information for unsolicited marketing.