Property Overview: 944 Beach Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This well-situated one-storey home on Beach Avenue is a classic East Elmwood offering, presenting a practical and comfortable living space. Its key characteristics include 1,040 sqft of living area, a renovated basement, a detached garage, and a 4,077 sqft lot, all anchored by a 1954 build date. The home’s assessed value is notably modest compared to the Winnipeg city-wide average.
The primary appeal lies in its established neighborhood setting and functional layout. The renovated basement adds valuable finished space, increasing the home’s utility without the need for immediate upgrades. Its lot size, while below average for the immediate street, is still generous for the area and offers solid outdoor potential.
This property would suit first-time homebuyers seeking an entry point into a mature community, or practical downsizers looking for a manageable single-level layout with a low property tax burden. It represents a grounded opportunity for those prioritizing location and livability over sheer size or new construction, offering a chance to put personal touches on a solid foundation.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is very typical for both Beach Avenue and the wider East Elmwood neighborhood, ranking in the top third. However, it is significantly below the city-wide average assessed value, which may indicate a favorable property tax situation relative to many other parts of Winnipeg.
2. Is the lot size a concern?
The lot is below the average size for Beach Avenue itself but is very close to the standard for East Elmwood overall. It provides ample yard space for gardening, recreation, or additions, while potentially requiring less maintenance than a larger plot.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, the inclusion of permits, and whether it features a legal secondary suite or simply additional living/recreation space.
4. As a home from 1954, what should I be mindful of?
While the age is typical for the street and area, prospective buyers should pay special attention to the condition of major aging components. This includes the roof, foundation, plumbing, and electrical systems, which may be original or nearing the end of their service life.
5. How stable is the neighborhood based on this data?
The consistency of metrics like living area, year built, and assessed value among nearby and similar properties suggests a stable, established community without extreme fluctuations in home styles or values, which can be a positive indicator of long-term neighborhood character.