Property Overview: 1052 Beauty Avenue, Winnipeg
Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1977, presents a practical opportunity in Winnipeg's Leila-Mcphillips Triangle neighborhood. Its primary appeal lies in its efficient use of space; the living area is notably above average for Beauty Avenue itself, suggesting a well-proportioned home on a modest 2,003 sqft lot. This combination points to a lower-maintenance property, especially when compared to the much larger typical lot sizes citywide.
The data reveals a compelling contrast: while the home's size is a relative strength on its street, its assessed value is significantly below average for both the immediate area and the wider city. This disconnect can signal different things. For a value-conscious buyer, it may represent an entry point into the neighborhood or a property with untapped potential. It suits first-time buyers, downsizers, or investors looking for a manageable footprint without a premium price tag. The recent sale in the $250k-$300k range (2025) aligns with this value positioning. A thoughtful perspective is that this home offers the space of an average city home but on a lot that requires less upkeep, appealing to those prioritizing interior space over extensive yard work.
Frequently Asked Questions
1. Why is the assessed value so much lower than area averages?
A lower assessment can be due to various factors, including the home's specific condition, updates needed, or its smaller lot size relative to the neighborhood. It's important to review the property's condition in person to understand this fully.
2. What does the "above average" living area ranking mean for this home?
On Beauty Avenue, this home's living space is in the top 25%, meaning it is more spacious than most of its immediate neighbors. This is a key advantage, offering more room than the street's typical home.
3. Is the smaller lot size a major drawback?
It depends on your priorities. The lot is significantly smaller than the Winnipeg average, limiting expansive outdoor space. However, it also means less maintenance, which can be a benefit for those not wanting extensive yard work.
4. How current is the sold price information?
The listed sale price range (CA$250k–300k) is from 2025, making it very recent. For the exact sale price, you must request it directly via the provided email service.
5. The home was built in 1977. What should I consider?
A home of this age may have original components, like roofing, windows, or major systems, nearing the end of their typical lifespan. A thorough inspection is recommended to budget for any necessary updates or maintenance.