Property Summary: 78 Simon Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Dakota Crossing is a practical and affordable entry point into the Winnipeg market. Its key characteristic is its compact, efficient size at 952 sqft, which places it below the average for the neighbourhood and city. This isn't necessarily a drawback; it translates to lower utility costs, less maintenance, and a manageable footprint. The home features a renovated basement and a detached garage, adding functional space and storage.

The appeal lies in its value proposition and established location. The assessed value is modest and sits around the average for its immediate street, suggesting it's a competitively priced option in its micro-area. Built in 1992, it is one of the newest homes on Simon Drive, meaning major components like roofing or windows may have more life left than in older peers. The lot size is standard for the street, offering typical outdoor space for the area.

This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a straightforward, no-frills home. It’s for someone who prioritizes a renovated basement and a newer build year over sheer living space. A thoughtful perspective is that its below-average size for the area could be a long-term advantage, as it may insulate it from the most direct competition with larger, more expensive neighbourhood homes.

Section 2: Frequently Asked Questions

1. Is the living area too small?
At 952 sqft, the living space is compact. It's below the average for both Dakota Crossing and Winnipeg overall. This suits simpler lifestyles but may feel tight for those needing multiple dedicated rooms or ample storage. The renovated basement provides crucial additional flexible space.

2. How does the assessed value compare?
The assessed value is around the average for Simon Drive itself, but below the average for the wider Dakota Crossing area. This indicates the home is priced consistently with its immediate neighbours, potentially offering fair value within its specific block.

3. What does the 1992 build year mean for me?
Built in 1992, this is one of the newest homes on its street. While not new, this age suggests key structural components are likely more recent than in many Winnipeg homes, potentially deferring major replacement costs for a period.

4. What is the neighbourhood context?
The data shows the homes on Simon Drive are generally of a similar scale and value. This consistency can contribute to neighbourhood stability. The lot size is also typical for the street, so the property is in line with its direct surroundings.

5. What was the previous sale price?
The home last sold in September 2020 for $312,000. This recent sale provides a concrete market benchmark from just over three years ago, which can be a useful reference point for understanding current value.