Property Overview
This two-storey home at 1090 Beauty Avenue in Winnipeg's Leila-Mcphillips Triangle neighbourhood presents a practical opportunity. Built in 1977, its 1,080 sqft living area is notably above average for its immediate street. The appeal lies in its relative affordability, as indicated by an assessed value significantly below area and city averages, and its position as a newer build compared to many homes on the street. It suits first-time buyers, investors, or downsizers seeking a functional footprint without a premium price tag. The property has a basement (not renovated) and no garage or pool. A key, less obvious perspective is its efficient use of a smaller lot (1,999 sqft), which could mean lower maintenance and costs, but also limited private outdoor space. It represents a value-oriented entry into the market where the investment is primarily in the house itself rather than the land.
Key Details & FAQs
- Year Built: 1977
- Living Area: 1,080 sqft
- Assessed Value: $26,400
- Last Sold Price (July 2019): $21,500 - $24,500
1. What are the property taxes?
Property taxes are calculated by applying the city's annual mill rate to the assessed value. With an assessed value of $26,400, the taxes would be relatively low compared to the Winnipeg average.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely in an unfinished, utility state.
3. What is the parking situation?
The listing specifies there is no garage. Parking would be limited to on-street or possibly a driveway, if one exists.
4. How does the value compare to nearby homes?
The home's assessed value is below average for both the broader neighbourhood and the city, but around average for Beauty Avenue itself. This suggests it is priced in line with its immediate street but may offer savings compared to the wider area.
5. What does the lot size mean for me?
At 1,999 sqft, the lot is compact. This typically translates to less yard maintenance but also limited potential for expansions like large additions or detached structures. It emphasizes the home's interior and its efficient footprint.