Property Overview: 1022 Simpson Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1022 Simpson Avenue in Munroe East presents a solid, above-average offering within its immediate neighborhood. Built in 1968, it is notably newer than most homes on its street, ranking in the top 5%. With 1,040 sqft of living space and a 5,200 sqft lot, it provides a comfortable footprint that is spacious for the area, offering more room than many direct neighbors. Its assessed value is consistently strong, ranking above average both on its street and in the broader Munroe East area.
The appeal lies in its position as a well-established, relatively modern home in a mature neighborhood. It suits buyers looking for a move-in-ready property that doesn’t require the updates often needed with older homes, while still offering the character and larger lot sizes typical of the area. It’s an ideal fit for first-time homeowners, small families, or downsizers seeking a manageable property with a sense of space and a stable, comparative value in the local market.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, the living area is above average for Simpson Avenue and typical for the wider Munroe East neighborhood, offering a comfortable size without being overly large.
2. What does the "Elite" ranking for Year Built mean?
Built in 1968, this home is among the newest 5% on its street. This suggests potentially fewer immediate concerns with aging infrastructure compared to many neighboring homes built earlier, often around 1960.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($32.5k) is a municipal figure for tax purposes and is not a market appraisal. However, its consistent ranking above local averages indicates the property is considered a higher-value home within its specific comparison groups.
4. What can the past sale data tell me?
The home sold between $250k-$300k in 2016. This provides a historical benchmark, but the current market value will be influenced by factors like condition, updates, and market trends since that time.
5. How can I get more precise information about sales history or comparisons?
The listing service offers a detailed neighborhood analysis map to visually compare this property with others nearby. You can also request the exact historical sold price directly from them via email.