Property Overview
716 Simpson Avenue is a classic 1958 bungalow in Winnipeg's Munroe East neighbourhood. With 996 square feet of living space on a 4,942 sqft lot, it presents a straightforward, manageable property. The home's assessed value is typical for its immediate area and street. Its appeal lies in its position as a modest, no-fuss home in an established community. It suits first-time buyers looking for an entry point into the market, downsizers seeking a simpler footprint, or practical investors interested in a stable, average-priced asset in the area. A thoughtful perspective is that its very "averageness" in the local context could be a strength, offering a predictable cost structure and less competition than more standout properties, while the lot size, though below average for the street, still provides decent outdoor space.
Frequently Asked Questions
1. How does this home compare in size and value to its neighbours?
The living area and assessed value are both very close to the average for Simpson Avenue and the wider Munroe East area, indicating it's a typical home for this specific location.
2. What is the significance of the sold price range from 2021?
The recorded sale in the $300k-$350k range provides a recent market benchmark. It's important to note this is a pre-2022 price, so current value would be influenced by market conditions since then.
3. Is the lot size a disadvantage?
The lot is smaller than most on Simpson Avenue but is near the average for Munroe East overall. It offers a lower-maintenance yard while still providing private outdoor space.
4. What should I consider about the home's age?
Built in 1958, the home is of a similar vintage to most in the area. This typically means potential for original features but also suggests that the condition and updates of major systems (like roof, wiring, plumbing) will be key inspection points.
5. How can I get the exact historical sold price?
The exact sale price is not publicly listed. As noted on the detail page, you can provide your email to the service to request that information manually; they state they do not use emails for marketing spam.