Property Overview: 931 Beach Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on Beach Avenue in East Elmwood presents a compelling mix of above-average living space within a more modest land footprint. Built in 1963, it is notably newer than many neighbouring homes. Its primary appeal lies in its generous 1,824 sqft of renovated living area, which ranks within the top 10% for the immediate area, offering substantial interior space for the locale. The home features a renovated basement, adding to its functional living area. The assessed value is above average for the street and neighbourhood, suggesting a well-maintained or updated property relative to its peers.
The property would suit buyers prioritizing interior space and modernized features over a large yard. It’s an efficient layout for a family or those who value defined living areas without extensive exterior maintenance. A thoughtful perspective is that while the lot is smaller than average, this often translates to lower upkeep and can be a smart trade-off for the significant interior square footage and renovation investment. It represents a move-in-ready opportunity in a mature neighbourhood, likely appealing to practical buyers looking for value in the structure itself rather than the land.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area of 3,155 sqft is smaller than the average lot on Beach Avenue and in Winnipeg. This means less yard for gardening or play, but also typically reduces maintenance time and costs.
2. Is the assessed value a reliable indicator of the sale price?
The assessed value ($36.30k) is for taxation purposes. The home last sold in 2020 for $32.70k. Market conditions, recent renovations, and buyer demand will determine the final sale price, which is often different from the assessed value.
3. What does "renovated basement" imply?
While the listing confirms the basement is renovated, specifics on finish quality, permits, or the extent of work (e.g., moisture proofing, ceiling height) should be verified through a viewing and inspection.
4. The home ranks highly for its "Year Built." Why is that significant?
Being built in 1963 makes it newer than most homes on the street and in East Elmwood. This can suggest updated building materials, electrical systems, or floorplans compared to older homes, potentially reducing immediate upgrade needs.
5. There's no garage. What are the parking options?
The listing notes no garage. Buyers should check the property for a driveway or designated off-street parking and investigate city street parking regulations to understand daily logistics.