Property Overview: 1143 Beauty Avenue, Winnipeg
Key Characteristics & Appeal
This home at 1143 Beauty Avenue presents a compelling mix of space, value, and established character. Built in 1980, it is a notably newer property within its immediate street context. Its key strength lies in its generous proportions: the 1,332 sqft living area is comfortably above average for the street, and the 7,036 sqft lot offers significant outdoor space, ranking well both locally and city-wide. The assessed value suggests a solid, above-average valuation for the area.
The appeal here is grounded in practical advantages. It suits buyers looking for a home with room to grow or simply more breathing room, without necessarily paying a premium typical of such lots in broader comparisons. It would particularly fit a first-time buyer or a young family seeking a established neighbourhood home where the land itself represents a long-term asset. A thoughtful perspective is that while the home is newer than many on its street, it may still require updates common to houses of its era, representing both a project and an opportunity for personalized modernization.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The property sold between $350k-$400k in 2021. This provides a recent market benchmark, but current value will be influenced by market conditions, any updates made since then, and the home’s maintained condition.
2. What does the above-average lot size mean for me?
The lot is significantly larger than many on the street. This offers greater privacy, potential for expansions like a garage or shed, more gardening space, or simply a larger yard for recreation.
3. The home is newer than neighbours, but what might that imply?
While a 1980 build may mean more modern wiring or plumbing than older neighbours, it’s still a 40+ year-old home. Key components like the roof, windows, and major systems should be evaluated for their age and condition.
4. How should I interpret the "around average" rankings for the neighbourhood?
Rankings "around average" for the Leila-Mcphillips Triangle area in metrics like value and living area suggest this property is a typical, mainstream offering for this specific community, not an outlier. It indicates you are getting what is standard for the area.
5. Who are the most comparable nearby properties?
The listing suggests looking at homes with a similar assessed value (like those on Woodfield Bay or Cathcart Street in Elmhurst) for a price comparison, while homes directly on Beauty Avenue (like 1150) are the best indicators of street-specific value and character.