Property Summary: 1064 Beauty Avenue, Winnipeg
Key Characteristics & Appeal
This 1,080 sqft bungalow, built in 1977, presents a practical and affordable entry point into Winnipeg’s Leila-Mcphillips Triangle neighbourhood. Its core appeal lies in offering solid value, particularly for its immediate area. While the home’s living space is above average for Beauty Avenue, its standout feature is a very competitively low property tax assessment, which is significantly below area and citywide averages. This suggests ongoing municipal tax obligations will be relatively manageable—a key financial consideration often overlooked.
The property sits on a modest 2,002 sqft lot, which means lower maintenance but less private outdoor space. This setup suits buyers seeking a low-maintenance lifestyle without the burdens of a large yard. The home would be well-suited for first-time buyers, downsizers, or pragmatic investors looking for a straightforward, value-conscious property where the numbers make clear sense from day one. It’s a home that prioritizes function and financial efficiency over grandeur.
Frequently Asked Questions
1. What does the "below average" assessed value actually mean for me?
It primarily means your annual property taxes will be based on a lower value than many comparable homes, potentially saving you money each year. It does not necessarily dictate the market selling price.
2. Is the smaller lot size a major drawback?
It depends on your lifestyle. It greatly reduces yard maintenance but also limits expansion possibilities and private outdoor space. For those who prefer parks or low upkeep, it can be an advantage.
3. The home is older. What should I budget for maintenance?
Built in 1977, major components like the roof, windows, and mechanical systems (furnace, water heater) are likely at or beyond their typical lifespan. A thorough inspection is crucial, and setting aside a budget for updates is prudent.
4. How does this home compare to others in the wider city?
The data shows this home offers more interior space than many on its street but sits on a much smaller lot than is typical across Winnipeg. Its value proposition is very specific to its local context.
5. Where can I find the exact historical sale price?
The listed sale range is based on public data. To obtain the precise sale price from 2024, you can request it via email from the listing source, as they maintain an exact, manually verified record.