Property Summary: 1042 Beauty Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 1042 Beauty Avenue is a compact, efficiently sized property in Winnipeg's Leila-Mcphillips Triangle neighborhood. With 960 sqft of living space and a renovated basement, it offers a practical layout for individuals, couples, or small families. The home was built in 1977, making it newer than many in the immediate area, which can be appealing for maintenance considerations.
Its primary appeal lies in its position as an accessible entry point into the housing market. The assessed value is notably below averages for the street, neighborhood, and city, suggesting a lower property tax burden and an opportunity for value-conscious buyers. The lot, while smaller than most in Winnipeg, is manageable and requires less upkeep.
This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills home with recent updates to the basement. It’s for those who prioritize financial practicality and a simpler footprint over spaciousness or extensive outdoor space. A thoughtful perspective is that its smaller scale and below-average costs could free up budget for personalization or provide a financial cushion, making homeownership more sustainable.
Section 2: Frequently Asked Questions
1. Is the home significantly smaller than others in Winnipeg?
Yes. At 960 sqft, the living area is below the city-wide average. The lot size of 1,805 sqft is also considerably smaller than most residential lots in Winnipeg, placing it in the bottom tier for land area city-wide.
2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. Buyers should inquire about the nature of the renovation, required permits, and the basement's current use (e.g., living space, utility, storage).
3. Why is the assessed value so much lower than the city-wide average?
The assessed value of $23,700 is a municipal valuation for tax purposes and is influenced heavily by the home's smaller size and lot dimensions compared to city norms. It is not a market sale price but indicates a proportionally lower tax bill.
4. How does the year built compare to nearby homes?
Built in 1977, this home is actually newer than many on its street and in the broader city, where average build years are 1975 and 1966, respectively. This is a relative advantage in terms of potential building materials and systems.
5. What was the home's previous sale price?
Public data indicates it last sold in July 2021 for an estimated range of $20,500 to $23,500. For the precise sale price, you can request the information directly via the listing page.