Property Overview: 11 Beaumont Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home at 11 Beaumont Bay in Maybank is a study in desirable neighbourhood positioning. Built in 1954, its key strength is its above-average living space (1,272 sq ft) for its immediate area, ranking it in the top 3% on its own street. This suggests a home that may feel more spacious than many of its direct neighbours. The lot size is consistent with the local street profile but is more modest compared to wider city averages.
The appeal lies in its established, stable context. The data indicates you are buying into a mature, consistent streetscape where homes are of a similar vintage and scale. The assessed value is notably lower than both the neighbourhood and city-wide averages, which could present a value opportunity for a buyer looking to enter this specific area. It would suit a pragmatic buyer who values a character home in a settled community over a large lot, or someone looking for a property with renovation potential where the value is in the structure and location rather than the land size.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value for tax purposes doesn't always equal market value. In this case, it reflects the property's specific characteristics (like lot size and home age) relative to the entire city. It can indicate a more affordable tax base while the market price may be influenced more by the desirable Maybank location.
2. The home is older—what should I consider?
Built in 1954, it is actually among the newer homes on Beaumont Bay. While this means potential for original charm, it also warrants thorough inspections for aging components like plumbing, electrical, and the roof, common for homes of this era.
3. How does the lot size impact future plans?
At 3,647 sq ft, the lot is typical for the street but below the Winnipeg average. This is ideal for low-maintenance outdoor living but may limit possibilities for large additions or pool installations. Your plans should align with the existing neighbourhood footprint.
4. What does the sold price history tell me?
The listed sale in the 2017 range provides a historical benchmark, but market conditions have likely shifted. To understand current value, this data point should be combined with a professional assessment of recent comparable sales in Maybank.
5. Who are the typical neighbours?
The uniformity in year built (most homes on the street from the mid-1950s) suggests a neighbourhood of long-term residents. This often translates to a stable, quiet community with well-maintained homes, but may also mean less frequent turnover of properties.