Property Overview & Key Characteristics
39 Jupiter Bay is a well-established bi-level home in Winnipeg's Beaumont neighbourhood, built in 1964. Its primary appeal lies in its exceptionally generous 14,838 sqft lot, which ranks in the top 1% of the neighbourhood and top 2% city-wide for size. This offers rare potential for expansion, gardening, or outdoor recreation that is hard to find in mature areas. The home itself, at 1,507 sqft, offers comfortable living space that is above average for its immediate street and neighbourhood.
The property suits buyers looking for a solid, no-frills foundation in a quiet setting, where the land itself is the star. It’s ideal for those with long-term vision—whether that’s enjoying expansive private outdoor space now or considering future additions. The renovated basement adds functional living area. Given its age, it may particularly appeal to value-conscious buyers, renovators, or those prioritizing lot size over a modern turn-key home, especially when compared to nearby properties which are often on smaller, standard lots.
A less obvious perspective is the stability suggested by its assessed value, which is consistently higher than many direct neighbourhood comparables. This indicates the lot size and improvements are recognized as adding durable value. While the home is older, its rankings show it remains competitive in its local market context.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the scope, finish quality, and whether it includes a legal suite or additional bedrooms should be verified with the seller or a viewing.
2. How does the age of the home affect maintenance?
Built in 1964, buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems. A thorough home inspection is highly recommended.
3. Is the large lot size typical for Beaumont?
No, this lot is unusually large. Most comparable homes in the area sit on standard residential lots. This size is a standout feature that offers privacy and flexibility not commonly available.
4. Why is the assessed value relatively low compared to the lot size?
Municipal assessments often lag behind market values and can be influenced by factors like the age and style of the home. The value here likely reflects the original dwelling, with the premium for the lot size not fully captured, suggesting potential for market value to be higher.
5. What is the neighbourhood character and convenience like?
Beaumont is a mature, established neighbourhood. Its quiet, residential streets are a key feature. Prospective buyers should explore local amenities, transit routes, and traffic patterns to ensure it meets their daily needs.