Property Overview: 1060 Beauty Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home at 1060 Beauty Avenue presents a specific and practical value proposition. Its key characteristic is its compact size, with 960 sqft of living space and a modest, sub-2,000 sqft lot, placing it well below area averages for both. The home was built in 1977, making it newer than many in its immediate neighborhood, and features a renovated basement. There is no garage or pool.
The primary appeal lies in its affordability and efficiency. With a relatively low assessed value, it offers an accessible entry point into the Winnipeg market, particularly for those who prioritize financial practicality over square footage. It would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. The renovated basement adds functional living space, which is a significant asset in a smaller home. A thoughtful perspective is that this property represents a "right-sized" option in a market often focused on larger homes, appealing to those seeking to minimize both upfront cost and ongoing utility/maintenance expenses without sacrificing the benefits of homeownership.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is 960 sqft, which is below average for the street, neighborhood, and city-wide. This indicates a more compact, efficient layout.
2. What is the property’s assessed value and what does it mean?
The assessed value is $240,000. The data shows this is below the city-wide average for comparable homes but is actually in the top tier (97th percentile) for assessed value within the Leila-Mcphillips Triangle neighborhood itself, suggesting it may be positioned at a higher value point among typically lower-valued properties in the immediate area.
3. How old is the home and is that typical?
Built in 1977, it is newer than most homes on its street and is around the city-wide average age. This could imply newer building materials and systems compared to some neighboring properties.
4. What should I know about the lot size?
The lot is 1,798 sqft, which is significantly smaller than the vast majority of lots on the street, in the area, and across Winnipeg. This means minimal exterior maintenance but also very limited private outdoor space.
5. Is recent sale price history available?
The last recorded sale was in November 2022, with a public data range of $22.50k to $25.50k. The exact sale price is available upon direct request to the listing service.