Property Overview: 56 Beaumont Bay, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a specific value proposition centered on its established location and efficient footprint. Built in 1954, it is one of the older homes on its street, which can imply well-proven construction and mature landscaping. With 888 sqft of living space, it is a compact and manageable bungalow, smaller than most homes in the wider Maybank area and Winnipeg overall. The lot size is notably modest, ranking at the very bottom of the scale for land area compared to immediate neighbours and the city, suggesting lower maintenance but limited outdoor expansion potential.
Its primary appeal lies in affordability and simplicity. The assessed value is consistently below average across all comparison levels (street, neighbourhood, and city), indicating a lower property tax burden and an accessible entry point into the market. It suits first-time buyers, downsizers, or pragmatic investors seeking a no-frills, low-maintenance home in an established neighbourhood. The thoughtful perspective here is for the buyer who prioritizes financial efficiency over space—this property trades square footage and land for a lower carrying cost, making it a calculated choice rather than a compromise.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
It depends on your priorities. The modest lot means less yard work and lower exterior maintenance costs, which is a benefit for those seeking simplicity. However, it offers limited space for additions, large gardens, or extensive outdoor recreation.
2. The home is older than most on the street. Should I be concerned?
A 1954 build warrants a thorough inspection, as with any older home. However, being one of the original houses in the area can also mean it was well-built with mature trees and settled foundations. Its age is a key factor in its character and likely lower assessed value.
3. How does the below-average assessed value affect me?
A lower assessed value typically translates to lower municipal property taxes, which reduces your annual carrying costs. It’s a tangible financial advantage, though it may also reflect the home’s smaller size and older age.
4. Who would this property not suit?
It would likely not meet the needs of growing families requiring multiple bedrooms and ample living space, or buyers who desire a large yard, a modern open-concept layout, or significant renovation/expansion potential.
5. The sold price history shows a range. How can I get the exact figure?
The exact sold prices are not published publicly. You can request this information directly via the listing platform by providing your email. They provide this data manually and state they do not use contact details for unsolicited marketing.