3549 Beiko Avenue

Property Overview: 3549 Beiko Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained two-storey home in Elmhurst presents a solid, move-in-ready opportunity. Built in 1985, it sits on a generous 5,880 sqft lot and offers 1,688 sqft of living space, including a finished basement. The home features an attached garage and ranks favorably in several key metrics for the area, particularly for its above-average living space and lot size within its immediate community.

Its primary appeal lies in its established neighborhood setting and its balanced, practical footprint. The data suggests it outperforms a majority of comparable Winnipeg homes in terms of size and assessed value, indicating a property that offers good substance for the price. The consistent appreciation between its 2017 and 2021 sales also points to stable value in its market segment.

This property would best suit pragmatic buyers—such as young families, professionals, or downsizers—who prioritize space, a finished basement for flexibility, and a settled community over a brand-new build. It’s for those seeking a home that is competitively sized within its context, without the premium or unpredictability of a major renovation project or a brand-new subdivision.

Section 2: Frequently Asked Questions

1. How does the home’s age (1985) affect its condition and potential costs?
While the home is over 40 years old, its strong rankings for "newness" within its community suggest it is younger than many surrounding properties. Buyers should still budget for age-related maintenance, such as potential updates to the roof, windows, or major mechanical systems, which are typical for homes of this era.

2. The lot is large, but what is the backyard like?
At nearly 6,000 sqft, the lot offers ample outdoor space. The specific layout (e.g., sunny exposure, privacy, landscaping) isn't detailed here, so a viewing is essential to see if it meets your needs for recreation, gardening, or entertaining.

3. What do the competitive rankings actually mean for me?
These rankings show how this home compares to others on its street, in Elmhurst, and across Winnipeg. For example, ranking "in the top 35%" for lot size city-wide means 65% of Winnipeg homes have smaller lots. It’s a useful, data-driven way to gauge the home's relative strengths in key categories.

4. The assessed value is $502,000, but it sold for $515,000 in 2021. What does this indicate?
The 2021 sale price above the current assessment could reflect a strong past market or specific features buyers valued. It’s important to note that municipal assessments are for tax purposes and can lag behind the current market; a professional valuation will determine its present worth.

5. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. This is a crucial distinction for rental income or mortgage purposes. A buyer must verify its legal status and compliance with local bylaws through their own due diligence.