Property Overview: 3569 Beiko Avenue
Key Characteristics, Appeal & Ideal Buyer
This 1984-built, four-level split home sits on a generous 6,104 sqft lot in Elmhurst. Its key characteristics include 1,578 sqft of living space, a finished basement, and an attached garage. The home's appeal lies in its well-established neighborhood setting and its strong relative standing in several practical metrics. It ranks in the top third of all Winnipeg homes for lot size and living area, indicating a property that offers more space than most. The build year is also relatively newer compared to many in its immediate area. This combination suggests a solid, spacious home in a mature community.
It would suit buyers looking for a move-in ready family home with ample indoor and outdoor space, without the premium of a brand-new build. It’s a practical choice for those who value established neighborhoods, larger lots, and a home that competes favorably in size and age within its broader market context. A thoughtful perspective is that while its last sale price in 2019 was below the current assessed value, its rankings for assessed value are moderate locally, suggesting it may be seen as a reasonably valued option within its specific community rather than a standout bargain across the entire city.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg for specific traits. For example, ranking in the "top 29%" for living area in Winnipeg means 76% of homes are smaller—a sign of above-average interior space.
2. How updated is the home?
The listing confirms a finished basement. As the home is 42 years old, prospective buyers should inquire about the age and condition of major systems (roof, HVAC, windows) and interior updates (kitchen, bathrooms) during viewings.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value is for municipal tax purposes. The market sale price is determined by current buyer demand. The home's assessed value ranks lower in its local area than its size rankings, which is a point for discussion with your agent.
4. What are the advantages of a four-level split layout?
This design often provides good separation of living and sleeping areas across multiple half-levels, offering more privacy than a standard bungalow or two-story. It can be efficient for heating and cooling zones but may involve more stairs.
5. The 2019 sale price seems low compared to today's assessment. Why?
The 2019 market was different, and the home may have been sold under different conditions. This historical data is useful for understanding past trends but does not dictate the current market value, which is influenced by present-day factors.