Property Summary: 3529 Beiko Avenue
Key Characteristics & Appeal
This 1985-built, two-storey home in Elmhurst offers a well-proportioned 1,705 sqft of living space on a generous 5,848 sqft lot, featuring a finished basement and an attached garage. Its appeal lies in its established, mature setting and its strong relative standing in key metrics. The property ranks notably above average for its size, age, and assessed value compared to most homes across Winnipeg, suggesting a solid and competitive offering for its category. It particularly stands out on its own street, ranking newer and larger than the majority of its immediate neighbors.
The home would suit practical buyers looking for a move-in-ready, low-maintenance property in a settled neighborhood. It’s ideal for a small family or professionals who value space and a finished basement for extra living area, without the concerns or premium price of a brand-new build. A thoughtful perspective is that while the home is 41 years old, its rankings indicate it has been well-maintained and remains competitive against newer stock, offering a balance of character and modern livability.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in three areas: its specific street, the broader Elmhurst community, and all of Winnipeg. For example, ranking "newer than 84% of homes on its street" means only 16% of houses on Beiko Avenue are newer than this one.
2. Is the assessed value the same as the listing price?
No. The assessed value ($487,000) is the city's valuation for property tax purposes. The listing price is set by the seller and can be higher or lower based on current market conditions.
3. What are the potential considerations with a 1985-built home?
While the home ranks as newer than many, buyers should still factor in the potential future need to update major systems common for this era, such as the roof, windows, or HVAC, during a standard inspection.
4. How usable is the finished basement?
The listing confirms the basement is finished, which adds flexible living space. It's important to clarify the ceiling height, the quality of the finish, and whether it includes a proper egress window for safety and legality as a bedroom.
5. Does the property have any obvious drawbacks based on this data?
The data shows its ranking within the Elmhurst community is its weakest area, particularly for lot size where it surpasses only 24% of neighbors. This suggests the lot, while large overall, may be smaller than typical for Elmhurst, which could affect outdoor space relative to immediate surroundings.