834 Beach Avenue

Property Overview: 834 Beach Avenue, East Elmwood, Winnipeg

Key Characteristics & Appeal

This is a well-established, one-and-a-half storey home built in 1949, presenting a practical and grounded opportunity in Winnipeg's East Elmwood neighborhood. Its primary appeal lies in its solid positioning within its immediate context. The home's living space (931 sq ft), land size (4,176 sq ft), and assessed value are consistently "around average" when compared directly to similar homes on Beach Avenue and within East Elmwood. This suggests a property that is neither oversized nor undersized for the area, offering a comfortable fit without premium pricing for extra space.

A key feature is the renovated basement, which adds functional living area beyond the main floor footprint. The home lacks a garage and pool, keeping maintenance expectations straightforward. Its history shows stable value with modest appreciation over recent years.

This property would suit a first-time homebuyer or a practical downsizer looking for an honest, no-fuss home in a mature neighborhood. It’s for someone who values being on par with the local norm rather than standing out, and who sees potential in a home that is already functional but may benefit from personal updates over time. The lot size offers a good balance of outdoor space without being overwhelming to maintain.

Frequently Asked Questions

1. How does this home’s size compare to others in Winnipeg?
While it is average for its specific street and East Elmwood area, its living area is below the city-wide average for comparable homes. This reflects the typically more compact, established character of many older Winnipeg neighborhoods compared to newer suburban developments.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. A viewing is essential to determine if it’s a finished recreational space, contains additional bedrooms, or includes updated utilities.

3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value (25.30k) is for municipal tax purposes and is historically low, a common feature in Winnipeg. Recent sale prices for the home (22.20k in 2016 and 22.50k in 2020) are a more relevant benchmark, but market conditions have likely shifted since. Always rely on a current market evaluation.

4. With no garage, what are the parking options?
The property has a driveway suitable for off-street parking. Given the average lot size for the area, there may be potential to add a garage or carport in the future, subject to municipal bylaws and permits.

5. The home is older—what should I be mindful of?
Built in 1949, major systems like the roof, plumbing, electrical, and foundation should be carefully inspected. The recent basement renovation is a positive sign, but it's important to ensure any updates were done with proper permits and address core functionality, not just cosmetics.