417 Beliveau Road – Property Summary
Key Characteristics & Buyer Suitability
This is a 1976-built home with 1,114 square feet of living space on a 4,216-square-foot lot, located on Beliveau Road in Winnipeg’s Worthington neighbourhood. The assessed value is $312,000.
The property stands out most on its own street. Compared to other homes on Beliveau Road, it is above average in living area (top 26%), assessed value (top 30%), and year built (top 20%). The lot, however, is smaller than typical for the street, ranking in the bottom third. At the neighbourhood and city levels, the home sits closer to average—its living area and value are in line with Worthington norms, and slightly below Winnipeg’s citywide averages for comparable homes.
Where this property’s appeal lies is in its relative freshness. Built in 1976, it is newer than most surrounding homes, which average 1962 in the neighbourhood and 1966 on the street. For a buyer who wants a home that is not brand new but also not needing the major structural updates common to 1950s and 1960s houses, this offers a middle ground. The above-average position on its street also suggests a stronger value relative to immediate neighbours.
This home would suit a buyer who values being toward the top end of their immediate street rather than competing at a citywide scale. It is a reasonable fit for someone looking for a solid, later-70s home in an established neighbourhood, who is comfortable with a smaller lot and does not need maximum square footage. It is less suited to someone seeking a large yard or a home that ranks high across all metrics citywide.
Five Possible FAQs
1. How does the lot size compare to other homes nearby?
The lot is 4,216 square feet, which is below average for both the street (average 6,049 sqft) and the neighbourhood (average 7,831 sqft). It ranks in the bottom quarter of Worthington. If lot size is a priority, this is one of the smaller properties in the area.
2. Is the assessed value of $312,000 reasonable for this area?
The assessed value is above the street average of $297,700 but slightly below the neighbourhood average of $315,300. It is well below the citywide average of $390,100. This suggests the home is priced competitively for its immediate street, while being modest compared to broader city benchmarks.
3. What condition or updates might a 1976 home typically need?
Built in 1976, the home is now nearly 50 years old. Common considerations include the original roof, windows, furnace, and electrical panel, all of which may have been updated or may still be nearing the end of their service life. Buyers should budget for potential major system replacements depending on prior maintenance.
4. How does this home compare to others on Beliveau Road specifically?
It ranks in the top 20–30% on Beliveau Road for year built, living area, and assessed value. This means it is one of the newer, slightly larger, and higher-valued homes on that street. For someone focused on the immediate block, this is a strong relative position.
5. Is this a good option for someone looking to downsize or buy a first home?
Potentially yes, especially for first-time buyers or those downsizing from a larger house. The living area is just above the street average, the lot is manageable, and the assessed value is below city averages. However, the above-street-average value means it may not be the cheapest entry point on Beliveau Road, so comparison shopping on the same street is advisable.