Property Overview: 905 Simpson Avenue, Winnipeg
Key Characteristics & Appeal
This is a practical, no-fuss home built in 1958, offering a straightforward opportunity in Winnipeg's Munroe East neighborhood. Its primary appeal lies in the balance it strikes: the 918 sqft living space is modest and below average for the area, but it sits on a notably generous 5,751 sqft lot that ranks well above average for the street and neighborhood. This creates a classic scenario of a smaller house on a larger parcel, which is increasingly rare.
The home’s assessed value is consistently around the average mark for its immediate surroundings, suggesting it is priced in line with local expectations without premium or discount. Past sales data indicates the property has seen appreciable value growth over the last several years.
This property would suit a first-time buyer or practical investor looking for a manageable footprint with the valuable upside of extra outdoor space. It’s also a candidate for those with a long-term vision, as the lot size offers future potential for expansion, gardening, or additions that a standard-sized lot would not. It’s less suited for those seeking a move-in-ready home with modern, spacious interiors.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 918 sqft, the living area is below the average for similar homes on Simpson Avenue, in Munroe East, and across Winnipeg. It is a compact, efficient layout.
2. What is the standout feature of this property?
The lot size. At over 5,700 sqft, the land area is significantly larger than most lots on its street and in the wider neighborhood, offering more privacy and yard space than is typical.
3. Has the property's value increased?
Based on available sales data, the sold price percentile increased substantially between 2016 and 2021, indicating strong value growth during that period. The current assessed value remains around the local average.
4. What should I consider about the home's age?
Built in 1958, the home is of average age for its area. Buyers should budget for updates consistent with a home of this era and have essential systems (roof, wiring, plumbing, insulation) thoroughly inspected.
5. How can I get the exact historical sold prices?
The exact sold prices are not displayed publicly on this site. You can request the full transaction history and exact figures by email via the "Request exact figures by email" button, and the information will be provided manually.