Property Overview: 737 Beach Avenue, East Elmwood
Key Characteristics & Appeal
This two-storey home at 737 Beach Avenue presents a compelling opportunity in Winnipeg's East Elmwood neighbourhood. Its primary appeal lies in offering above-average space and a more recent build date compared to most homes on its street and in the immediate area. With 1,578 sqft of living area, it ranks in the top 12% of homes on Beach Avenue for size, providing notably more room than local averages. The home also benefits from a renovated basement and a detached garage.
Built in 1960, it is newer than many neighbouring properties, which often date to the late 1940s and early 1950s. This suggests potentially fewer immediate concerns with aging core components. The lot is a standard size for the area at just over 4,100 sqft. Recent sale activity on the street indicates a stable and active market.
This property would suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood without paying a premium for a brand-new build. It’s ideal for those who value practical space over an exceptionally large yard and appreciate a home that stands out positively against its direct neighbours in terms of size and era of construction.
Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
While the home ranks above average for its street and East Elmwood in assessed value, it sits around the middle of the pack city-wide. This highlights its relative value within its established neighbourhood context.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, legal compliance, and moisture control should be verified through a viewing and inspection.
3. Is the detached garage insulated or heated?
This detail is not provided. The condition, size, and utility of the detached garage are important points to clarify, especially given Winnipeg's climate.
4. How does the 2024 sale price relate to the assessed value?
The home sold for $35,900 in July 2024, which is close to its current assessed value of $34,700. This recent sale provides a concrete, up-to-date market benchmark for the property.
5. What is the typical demographic or vibe of East Elmwood?
East Elmwood is a mature, established neighbourhood with a mix of long-time residents and younger families. It offers a quiet, residential feel with the convenience of being within Winnipeg, often appealing to those seeking community and practicality over trendiness.