Property Overview: 3441 Beiko Avenue
Key Characteristics & Appeal
This 1983-built, one-storey home in Elmhurst offers a practical and spacious layout on a large, approximately 6,600 sqft lot. Its key features include a fully finished basement and an attached garage. With over 1,540 sqft of living space, it provides ample room for a growing family or those who appreciate single-level living.
The appeal lies in its established neighborhood setting combined with strong relative value. The property ranks notably well across Winnipeg for its lot size, living area, and assessed value—consistently placing in the top 20-35% of the city. This suggests you get more space for your investment compared to many other homes in the wider market. It’s a home that balances the charm of a mature community with the functional benefits of a modern, finished layout.
This property would suit buyers looking for a move-in ready, low-maintenance bungalow with room to spread out. It’s ideal for small families, empty-nesters seeking single-level convenience, or investors attracted by its above-average city-wide rankings for value and size.
Frequently Asked Questions
1. What do the rankings mean?
The rankings show how this property compares to others in its immediate street, the Elmhurst community, and all of Winnipeg. For example, ranking in the "top 21%" for lot size in Winnipeg means 79% of city properties have a smaller lot. It's a quick way to gauge its relative standing on key metrics.
2. Is a 43-year-old home a concern?
While the home is well-established, its age means prospective buyers should pay close attention to the condition of major systems like the roof, windows, and furnace during an inspection. The fully finished basement is a positive update, but the inspection will be key for peace of mind.
3. Who might this home not suit?
Buyers seeking a brand-new, custom-built home or a property with a swimming pool would need to look elsewhere. Its appeal is in its established, spacious practicality rather than luxury amenities.
4. How does the assessed value relate to the asking price?
The municipal assessment of $482,000 is used for calculating property taxes and is not a direct market appraisal. It does, however, indicate the home is considered a higher-value property within Winnipeg, which can be a positive signal, but the sale price will be determined by current market conditions.
5. What are the advantages of a large lot in this area?
Beyond simple outdoor space, a lot of this size in an established neighborhood offers long-term flexibility. It provides room for gardening, play, or future additions like a shed or deck, and can contribute to better privacy and natural light than more densely packed lots.