Property Overview: 23 Simon Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Dakota Crossing presents a practical opportunity with distinct advantages. Its key appeal lies in a generous, above-average lot size—ranking in the top 5% on its street—offering valuable outdoor space and potential in a mature neighbourhood. The living area is efficient and notably larger than other homes on Simon Drive. Built in 1988, the house is of a vintage where major components may be nearing their service life, a factor for buyers to consider. The home features a detached garage and a basement that is present but not renovated, representing both usable space and a future project.

This property suits a specific buyer: someone who prioritizes land size and location over a turn-key, modern interior. It’s a strong fit for a hands-on buyer looking to add value through renovations over time, or for those seeking a manageable footprint with room to garden or expand outdoors. The assessed value sits below average for the immediate area, which can indicate a more accessible entry point into the neighbourhood for a savvy purchaser willing to invest sweat equity.

Section 2: Frequently Asked Questions

1. Is the lot size a significant advantage?
Yes. The land area is a standout feature, being one of the largest on the street. This provides more privacy, yard space, and potential for additions or landscaping than is typical for the immediate area.

2. What does "below average" assessed value for the street and area indicate?
It typically suggests the property is valued lower than many of its neighbours. This can be due to the unrenovated state, the home’s specific attributes, or recent sales trends. It often represents a relative value opportunity but warrants a thorough inspection to understand condition fully.

3. Who would the one-storey layout suit best?
This layout is ideal for aging in place, young families avoiding stairs, or anyone seeking single-level living. Its efficiency also can mean lower heating and cooling costs compared to larger, multi-storey homes.

4. The basement is noted as "not renovated." What should I consider?
This means the basement is in a functional but basic state. It offers blank-canvas potential but will require investment to finish. A priority would be to check for moisture issues, insulation, and the condition of mechanical systems often housed there.

5. How does the 2023 sale price relate to the current assessed value?
The sale price from August 2023 provides a recent market benchmark. The current assessed value for taxes may differ, as it is based on a municipal valuation model. For an offer, the 2023 sale price and prices of recently sold comparable homes are more direct guides to current market value.