Property Overview
843 Beach Avenue is a modern two-storey home in Winnipeg's East Elmwood neighborhood. Built in 2017, it stands out as a significantly newer construction compared to most homes in the area, which largely date to the mid-20th century. With 1,256 sqft of living space, it offers above-average roominess for both its street and neighborhood. The property sits on a 3,304 sqft lot, which is more compact than typical for the city but common for newer infill developments. It features a basement (not renovated) and does not include a garage or pool. The assessed value is consistent with similar homes in its category.
Key Characteristics & Appeal
The primary appeal of this home is its modernity. As a 2017 build, it offers buyers a move-in-ready property that likely requires less immediate attention to aging roofs, windows, or major systems compared to the neighborhood's older stock. This translates to potential savings on maintenance and higher energy efficiency. The living space is generous for the area, providing comfortable room for a small family, a couple, or a professional working from home.
Its appeal is balanced: it suits buyers seeking a newer, low-maintenance home who are willing to trade a larger yard for that modern convenience. It would particularly fit first-time homeowners wanting a worry-free start, downsizers looking for a manageable property without renos, or investors attracted by the appeal of a relatively new rental property in an established community. A less obvious perspective is that its compact lot and lack of garage might be seen as a benefit for those who prefer less outdoor upkeep and no driveway to clear in winter.
Frequently Asked Questions
1. What are the likely advantages of a 2017 build in this neighborhood?
You can expect newer construction standards, modern insulation and windows for better energy efficiency, and contemporary electrical and plumbing systems. It likely requires less immediate capital investment for big-ticket repairs than older homes nearby.
2. The lot size is noted as below average. How might this impact daily living?
The yard space will be more limited for gardening, play structures, or extensive entertaining. However, it also means less lawn mowing and general outdoor maintenance. Parking may be limited to on-street, as there is no garage.
3. The basement is "not renovated." What does that typically mean?
It is likely an unfinished or partially finished space with concrete floors and exposed walls and ceilings. It provides excellent storage and potential for future living space, but any development would require a significant renovation investment.
4. How does the assessed value compare to the last sale price?
The home was last sold in September 2017 for $279,000. Its current assessed value is $328,000. This difference reflects market changes over seven years and the assessed value for taxation purposes, not necessarily the current market price.
5. Is this home typical for East Elmwood?
Not in age. It is a clear outlier as one of the newest homes on its street and in the wider area. While its living space is above average for the neighborhood, its lot size and lack of a garage are more characteristic of newer infill projects than the traditional homes surrounding it.