Property Overview & Key Characteristics
This two-storey home at 1130 Beauty Avenue in Winnipeg's Leila-Mcphillips Triangle neighbourhood presents a practical and affordable entry point into homeownership. Built in 1977, its key feature is a renovated basement, adding valuable finished living space to the 1,080 sqft footprint. The home sits on a modest, manageable lot and does not include a garage or pool.
Its primary appeal lies in its value proposition and relative modernity within its immediate area. The data shows the home is newer than most on its street and in the broader neighbourhood, which can suggest fewer major age-related concerns compared to older peers. The renovated basement is a significant functional upgrade. However, its assessed value is notably below the averages for both the neighbourhood and the city, indicating a potentially lower price point.
This property would suit first-time buyers or practical investors looking for a solid, no-frills foundation. It’s for someone who values move-in readiness from the basement upward over premium lot size or luxury features. The manageable size and lower tax assessment could be particularly appealing for those with a tight budget.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While the listing confirms it is renovated, specifics on finish quality, layout, and permits should be verified by a buyer's inspection. It represents added liveable space but understanding its condition is key.
2. How does the below-average assessed value affect property taxes?
A lower assessed value generally leads to lower municipal property taxes, which is a financial positive. However, it may also reflect the home’s more modest size and lot relative to others in the wider area.
3. There's no garage. What are the parking options?
The property has no garage, so parking is limited to driveway or on-street. Buyers should confirm local street parking regulations and consider the implications for vehicle storage during Winnipeg winters.
4. The home is newer than many on the street. Is that an advantage?
Potentially, yes. A 1977 build is more recent than many area homes, which might mean updates to core components have already been addressed or that systems are less prone to issues associated with very aged properties.
5. The sold price history shows a range. How can I get the exact figure?
The exact sold price from the last transaction is not publicly displayed in this format. As noted, you can request it directly via email from the source, who provides the accurate figure manually without marketing spam.