Property Summary: 75 Beaumont Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 75 Beaumont Bay in Maybank is a study in contrasts, offering a specific value proposition. Its key characteristic is its modest scale: at 888 sqft, the living area is notably compact, ranking below average for both the neighbourhood and the city. The lot size is similarly smaller-than-average for the area. However, this is balanced by a very low municipal assessed value, placing it well below citywide averages and potentially offering a lower property tax burden and an accessible entry point into the market.
The appeal lies in its efficiency and position within a mature neighbourhood. Built in 1954, it is one of the older homes on its street, suggesting a well-established setting. It suits practical, budget-conscious buyers such as first-time homeowners seeking affordability over space, investors looking for a rental property with lower carrying costs, or downsizers who prioritize location and simplicity over a large footprint. The property represents a trade-off—accepting less interior and land space for financial accessibility in a settled area.
Section 2: Frequently Asked Questions
1. Is the low assessed value a good thing?
Generally, yes, as it typically correlates with lower annual property taxes. However, it may also reflect the home’s smaller size and vintage. It’s a key factor in the home’s overall affordability.
2. How does the smaller lot size impact living here?
It means less outdoor maintenance and private yard space. This can be a positive for those seeking a low-maintenance lifestyle, but a limitation for those wanting extensive gardening, privacy, or room for additions.
3. The home is older than most on the street. Should I be concerned?
Being one of the older homes (top 4% for age on Beaumont Bay) means systems like plumbing, electrical, and the roof may be older or have been updated. A thorough inspection is essential, but it also means the home is part of the original character of the street.
4. Who might this property not suit?
It likely won’t suit growing families needing multiple bedrooms and living spaces, those who desire a large garden or outdoor entertaining area, or buyers who prioritize modern, open-concept layouts without renovation plans.
5. The data shows no public sales history. How can I understand its value?
The provided comparable homes with similar assessed values (like those on Lynbrook Drive or Elmhurst Road) can give a sense of the price range for City-assessed properties in this bracket. For precise historical sale prices, you must request the information manually via the provided email service.