Property Overview: 1070 Beauty Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Beauty Avenue in the Leila-Mcphillips Triangle neighbourhood is a practical and compact property. Built in 1977, it is notably newer than many homes on its street and in the wider city, which can suggest fewer immediate concerns with aging infrastructure. The 1,080 sqft living space is efficient and above average for the immediate area, featuring a renovated basement that adds functional space.
The primary appeal lies in its position as a modest, entry-level home. With no garage or pool, it offers simplicity and lower maintenance. The assessed value is significantly below area and city averages, indicating a potentially accessible price point. This isn't a sprawling property—the lot is compact relative to others in the neighbourhood—but that translates to less yard work.
This home would best suit first-time buyers, downsizers, or practical investors seeking a straightforward, no-frills property in Winnipeg. Its value proposition is rooted in its newer build date (for its context) and renovated basement, offering modern livability without the premium of a larger, more updated home. It’s a property for those who prioritize function and fundamentals over extra features or land size.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and whether it includes a separate entrance or additional bedrooms.
2. Why is the assessed value so much lower than the city average?
The assessed value is a municipal valuation for tax purposes, not market value. Its low assessment relative to the city reflects the home's compact size, lack of premium features (like a garage), and its specific neighbourhood market. The last known sold price range was $22.5k-$25.5k in 2017.
3. What are the implications of having no garage?
Buyers should plan for street parking and consider the cost of installing a parking pad or shelter, if permitted. Winters will require clearing snow from a vehicle and navigating on-street parking regulations.
4. The home is "newer" for the street but "older" for the neighbourhood. What does this mean?
While built in 1977 (newer than many on Beauty Avenue), it's older than the average home in the broader Leila-Mcphillips Triangle. This suggests the immediate block may have older charm and mature landscaping, while the surrounding area has seen more recent development.
5. How does the compact lot size affect daily living?
The 2,400 sqft lot is smaller than most in Winnipeg. This means minimal yard maintenance, which is a plus for some, but very limited private outdoor space for gardening, play, or entertaining. Privacy from neighbours may also be reduced.