Property Overview: 51 Sims Crescent, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of space, modernity, and value within its established Mission Gardens neighbourhood. Built in 1992, it is notably newer than most homes on its street and across Winnipeg, suggesting updated building systems and potentially lower immediate maintenance needs compared to older stock. The 1,368 sqft living area is comfortably above average for both the immediate street and the broader area, offering more interior room than many comparable properties.
Its standout feature is the 6,605 sqft lot, which is significantly larger than typical lots nearby. This provides substantial outdoor space for gardening, recreation, or future expansion, a rarity that becomes increasingly valuable. The assessed value positions the property in the top tiers for its immediate vicinity, indicating it is perceived as a premium home on its crescent and within Mission Gardens.
The appeal lies in this above-average offering: a newer home on a generously sized lot in a mature neighbourhood. It would suit buyers looking for a "best on the block" scenario—those prioritizing outdoor space and a more contemporary build within an established community, without venturing to newer suburban subdivisions. It’s also a sensible choice for value-conscious buyers who understand that a higher assessment relative to neighbours often correlates with stronger resale positioning.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is not a direct market appraisal. However, consistently ranking in the top 7% on its street and top 18% in the area suggests the property has features the market values. The last known sale was between $400k-$450k in 2021, which is a more concrete benchmark for current value.
2. What are the implications of the home being newer than most on the street?
A 1992 build date means major components like roofing, windows, and plumbing are likely from a more modern era than those in many neighbouring homes, potentially deferring major renovation costs. It may also feature a more contemporary layout. However, it is now 34 years old, so standard inspections for its age are still crucial.
3. Is the large lot a benefit for future expansion?
The 6,605 sqft lot is a significant asset. It offers ample yard space and may provide flexibility for additions like a garage, deck, or garden suite, subject to local zoning and permit approvals. This is a key differentiator from properties with smaller, standard lots.
4. How does this home compare to the Winnipeg average?
City-wide, its living area is around the median, but its lot size and assessed value are above average. This indicates you're paying more for the land and the property's standing than for sheer interior size. It’s a neighbourhood-centric value proposition rather than a city-wide square-footage leader.
5. Where can I see more detailed context about the immediate area?
The listing references a neighbourhood analysis page that maps nearby properties, allowing you to visually compare lot sizes, building ages, and values on Sims Crescent and the surrounding blocks. This is useful for understanding the specific micro-market.