Property Overview: 917 Simpson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,030 sqft bungalow, built in 1959, presents a solid opportunity in Winnipeg's Munroe East neighborhood. Its primary appeal lies in its above-average land size—a 5,751 sqft lot that ranks in the top 16% for the local area—offering more outdoor space and potential than many nearby properties. While the living area is modest compared to the citywide average, it is competitively sized for the immediate street and neighborhood, suggesting a comfortable, efficient layout for its locale.
The home’s assessed value consistently ranks above average for both Simpson Avenue and Munroe East, indicating a perception of stable value within its core community. A thoughtful perspective is that this property represents a "neighborhood anchor" – it holds its ground well in direct local comparisons, even if it appears more modest in a citywide context. It suits first-time buyers or downsizers seeking a manageable home with a generous yard in an established area, or an investor looking for a property with fundamental strengths in a stable market segment.
Section 2: Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a key feature. At 5,751 sqft, it is larger than the average lot on Simpson Avenue (5,355 sqft) and in the Munroe East area (4,958 sqft), placing it in the top 16% locally for land area.
2. Is the living space smaller than typical Winnipeg homes?
Yes, when viewed citywide. At 1,030 sqft, it is below the Winnipeg average of 1,342 sqft. However, it is very much in line with, or slightly above, the average for both the immediate street (986 sqft) and the Munroe East neighborhood (1,009 sqft).
3. What does the assessed value ranking tell me?
The assessed value ($31,900) ranks in the top 25-28% for both the street and the neighborhood, meaning it is considered above average in value among its direct peers. Citywide, it ranks around the 65th percentile, indicating it is a mid-range property in the broader market.
4. When was it last sold and for roughly how much?
Records indicate it was sold in September 2023. The publicly available price range for that sale was between CA$350,000 and CA$400,000. For verified, exact sale figures, you can request a manual lookup from the site.
5. Are the sold price data and rankings from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. The comparative rankings for living area, land size, year built, and assessed value are based on analysis of this public data for comparable properties.