Property Overview: 22 Beauchemin Avenue, Winnipeg
Key Characteristics & Appeal
This 1980-built, one-storey home in Elmhurst offers a practical and spacious foundation for a variety of buyers. Its key characteristic is a well-sized, 5,872 sqft lot, providing ample outdoor space that ranks in the top third for its street. The 1,210 sqft living area is comfortably above average for the immediate area, offering good interior space. The property includes a finished basement and an attached garage.
The appeal lies in its balance of space and value within a mature neighborhood. It’s a property with solid fundamentals—larger than typical lot, roomy interior, and garage—rather than luxury finishes. The unrenovated state presents a clear opportunity for buyers to add value and customize to their taste over time. It would suit first-time buyers looking for a home with room to grow, practical-minded families who prioritize yard space over a new build, or value-focused investors seeking a property with strong reno potential on a good lot. A less obvious perspective is that its "average" rankings in many categories for Winnipeg actually represent stability and a lower risk of overpaying for transient neighborhood hype.
Frequently Asked Questions
1. What does the ranking system mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, its lot size is larger than 67% of homes on its street (placing it in the top 33%), offering a relative size advantage in its immediate area.
2. Is the basement finished?
Yes, the home has a basement, and it is finished, adding to the usable living space.
3. How does the age of the home affect its value and condition?
Built in 1980, the home is part of Winnipeg's mature housing stock. This often means established neighborhoods and larger lots, but buyers should budget for updates to systems like roofing, windows, or HVAC that may be nearing the end of their service life.
4. What is the significance of the assessment value?
The city's assessment for tax purposes is $376,000. It's important to note this is not a market valuation but an administrative figure; the sale price is determined between buyer and seller. This assessment ranks higher than most in Winnipeg, suggesting the city views its underlying value favorably.
5. What are the main considerations for a buyer?
The primary draws are the large lot and spacious interior layout for the area. The main considerations are the home's age, indicating potential update projects, and understanding that its value will be closely tied to the buyer's vision and budget for any modernization.