1156 Beauty Avenue

Property Overview: 1156 Beauty Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,080 sqft home on Beauty Avenue, built in 1977, presents a practical opportunity in Winnipeg's Leila-Mcphillips Triangle neighbourhood. Its key appeal lies in its relative efficiency and established location. The living space is notably above average for the immediate street, suggesting a well-utilized footprint compared to its closest neighbours. With an assessed value significantly below both area and city-wide averages, the property stands out as a potentially more accessible entry point into the market.

The home would suit first-time buyers or pragmatic investors looking for a functional property without a premium price tag. Its older vintage (1977) is actually newer than many homes on the street, which could imply updates over the years or a slightly more modern layout than some direct comparables. A thoughtful perspective is that while the land size is modest, this can translate to lower maintenance and property tax burdens, aligning with a simpler, more manageable homeownership experience. Buyers should note that the home's metrics are strongest within its own micro-location (Beauty Avenue itself), indicating it may be a standout option on its specific block.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home was last sold in 2023 for an estimated $250k-$300k, while its current assessed value is listed at $26.40k. It's important to understand that municipal assessed value for property tax purposes is often different from current market value. The 2023 sale price range is a more relevant indicator of its market worth.

2. Is the living space smaller than average?
Within the city and the broader Leila-Mcphillips Triangle area, the 1,080 sqft living area is around average. However, on Beauty Avenue itself, it ranks in the top 25%, meaning it is actually larger than most homes on the same street.

3. What does the "below average" land area mean for me?
At 2,003 sqft, the lot is smaller than most in Winnipeg. This typically means less outdoor maintenance and a smaller yard. For buyers prioritizing a manageable property size or a more efficient use of space, this can be a practical feature rather than a drawback.

4. How old is the home, and what might that imply?
Built in 1977, the home is 49 years old. While this means potential systems (like roof, plumbing, wiring) may be due for updates or inspection, it's worth noting that this build year is newer than the average home on its street, which may be a relative advantage.

5. Where can I find the exact historical sale price?
The exact sold price is not publicly displayed. The listing service offers to provide the precise figure via email upon request, stating they aim to reply manually by the end of the same day.