Property Overview & Key Characteristics
This 1971 bi-level home at 3505 Beiko Avenue sits on a large, 8,416 sqft lot in Elmhurst, offering a classic Winnipeg housing profile with distinct advantages. Its primary appeal lies in the substantial, above-average lot size, which ranks within the top 10% of all properties in Winnipeg for square footage. This provides significant outdoor space and potential. The home features a finished basement and a detached garage.
The property presents a clear value proposition for specific buyers. It would suit a handy buyer or renovator looking for a home with solid "bones"—a large, established lot in a mature neighbourhood—where they can invest in updates over time. It's also a practical entry point into homeownership for those prioritizing land size and basement space over a large main-floor footprint. A less obvious perspective is that this home, while modest in finished living area, offers a high land-to-building ratio, which can be a long-term asset for expansion, gardening, or simply enjoying private outdoor space that is increasingly rare in newer subdivisions.
Frequently Asked Questions
1. How does the lot size compare to typical homes?
The lot is exceptionally large at 8,416 sqft, placing it in the top 10% of all residential properties in Winnipeg for land area. This is the home's most competitive feature.
2. The living area seems compact. How is the space distributed?
As a bi-level with a finished basement, the total usable living space is greater than the 802 sqft main floor listing suggests. The layout typically offers separation between living/sleeping areas across two levels, with the basement adding flexible space for recreation, storage, or additional bedrooms.
3. What should I know about the age of the home?
Built in 1971, the home is 55 years old. This means systems like the roof, windows, plumbing, and electrical may be original or have been updated at various times. A thorough inspection is recommended to understand the condition and plan for any modernizations.
4. How do the property rankings affect value?
The rankings show a property of contrasts: its lot size is a major strength (top 10% in Winnipeg), while its living area and assessed value are more modest relative to the city. This indicates you are primarily investing in the land and location, with the house itself offering functional living space.
5. Is the finished basement included in the living area square footage?
Typically, in Manitoba, the listed "living area" (802 sqft here) refers to above-grade, heated space. The finished basement area is additional but not included in that official figure, which is why the home feels more spacious than the primary square footage indicates.