Property Summary: 464 Beaverhill Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This home in Niakwa Place presents a distinct value proposition centered on its generous lot. Built in 1972, the 1,000 sqft house is notably compact compared to others on its street and in the wider area. However, it sits on a 6,802 sqft lot that is larger than most on Beaverhill Boulevard and across Winnipeg, offering significant outdoor space and potential.
Its primary appeal lies in this land-to-structure ratio. The assessed value of $360k is below average for the immediate neighbourhood, suggesting the home itself may be dated or in need of updates, but it is priced squarely at the Winnipeg city-wide average. This creates an opportunity for buyers comfortable with a project, whether that’s renovating the existing footprint or, in the long term, considering redevelopment possibilities afforded by the sizable lot. It last sold in 2019 for between $300k-$350k.
This property would best suit practical buyers or investors who prioritize land value over immediate move-in condition. It’s a fit for those looking to enter a stable neighbourhood like Niakwa Place at a lower price point, with the vision to add value through renovations. It could also appeal to someone seeking a large, private yard in the city, for whom interior square footage is a secondary concern.
Section 2: Frequently Asked Questions
1. Is the house in need of major repairs?
While the listing doesn’t specify condition, the data provides clues: the living area is below average, the assessed value is low for the street, and it hasn’t sold since 2019. Buyers should budget for updates typical of a home from 1972 and consider a thorough inspection.
2. Why is the lot size a significant advantage?
The lot is larger than 76% of properties on Beaverhill Boulevard. In an established neighbourhood, this extra outdoor space is rare and offers more privacy, gardening space, and future flexibility than newer subdivisions.
3. How does the assessed value compare to likely selling price?
The $360k assessment is a municipal valuation for tax purposes. The city-wide average for comparable homes is about $390k, and the last sold price was lower, so the market price will depend on condition, updates, and current demand.
4. What is the neighbourhood like?
Niakwa Place is an established area with homes primarily from the 1970s. The data shows property values here are generally higher than both this home’s assessment and the Winnipeg average, indicating a desirable location.
5. How can I get the exact past sale price?
The site provides sold price ranges for non-members. As noted, you can request the exact sale history via email from the provider, as MLS data is not published directly on the site.