Property Overview: 1178 Beauty Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, two-storey home built in 1977, offering 1,080 sqft of living space with a renovated basement. It sits on a modest 2,004 sqft lot and does not include a garage or pool. The home’s primary appeal lies in its value proposition and manageable size. With a historically low sold price and a current assessed value significantly below the city average, it presents a clear entry point into the Winnipeg market.
Its standout characteristic is efficiency: the living area is above average for its immediate street, suggesting a well-utilized footprint for the neighbourhood. The renovated basement adds functional space without expanding the footprint. This property would suit first-time buyers, downsizers, or pragmatic investors seeking a lower-maintenance home without major renovations. It’s for someone who prioritizes financial accessibility and a solid foundation over size or premium amenities, understanding that the smaller lot and lack of a garage are trade-offs for the price.
A less obvious perspective is its potential as a “right-sized” home in an area where many properties are larger. For the right buyer, this means lower property taxes, utility costs, and upkeep time compared to neighbourhood averages, offering a simpler living arrangement.
Frequently Asked Questions
1. What is the exact sold price history?
Exact sold prices are not publicly listed in detail. Available data indicates a sale occurred in July 2020 for an estimated range. You can request the precise historical sold price by emailing our team; we provide this information manually with no attached marketing spam.
2. How does this home compare in size to its neighbours?
While the home’s total living area is below the average for the broader Leila-Mcphillips Triangle area, it is actually above average (in the top 25%) for homes directly on Beauty Avenue itself. This indicates it is a relatively spacious home for its specific street.
3. Why is the assessed value so much lower than the city average?
The assessed value is based on municipal valuation for tax purposes, which considers factors like lot size, living area, and the home’s characteristics. This home’s modest lot size and living area, relative to the wider city, result in an assessment that ranks in the bottom 20% citywide.
4. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or finishes. This would be a key point to clarify with the seller or listing agent to understand the quality of the renovation and the nature of the additional living space.
5. Is the lack of a garage a major concern?
This depends on buyer needs. The home has no garage, which is a common trade-off for homes in this price range. Buyers should consider on-street parking availability, the feasibility of adding a shed for storage, and their personal vehicle requirements. For some, this is a worthwhile compromise for an affordable, move-in-ready home.