Property Summary: 52 Beeston Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This 672 sqft home, built in 1971, presents a straightforward opportunity in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its relative affordability and efficient scale, positioned well below the city-wide average for both living space and assessed value. The home sits on a 3,283 sqft lot, which is notably above average for its immediate street, offering a decent outdoor space for the property's size.
The data suggests this property is best suited for first-time buyers, downsizers, or practical investors seeking an entry point into the market without a premium for size. It’s a home for those who value a manageable footprint and lower property taxes, as indicated by its assessed value being significantly lower than the Winnipeg average. A less obvious perspective is that, while modest city-wide, this home ranks highly within its own micro-area on Beeston Drive for lot size and is the newest build on the street. This indicates it might offer a better relative condition or more modern foundation than its immediate neighbours, which is a key consideration for maintenance and renovation potential.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of approximately $24,200 is a key indicator of its municipal tax burden, which will be relatively low. It’s important to note this value is for taxation purposes and is typically lower than market value, which is reflected in its last sold price range of $200k-$250k in 2023.
2. How does the living space compare to other homes?
At 672 sqft, the living area is compact. It is above average for Beeston Drive itself but below the averages for both the wider Margaret Park area and Winnipeg overall. This confirms it’s a smaller, efficient home.
3. The home was built in 1971. What should I consider?
While 55 years old, this home is actually the newest build on Beeston Drive. This could imply updates over the years or potentially fewer age-related issues than neighbouring houses. However, a standard inspection for a home of this era is still essential.
4. Is the lot size a pro or a con?
It’s a relative pro. The lot is larger than most on the same street, offering more private outdoor space than you might expect for the home's size. However, it is smaller than the typical lot in Margaret Park and Winnipeg, so expectations should be set for a suburban infill lot, not an expansive yard.
5. Who would this property not suit as well?
Buyers needing ample indoor space for a growing family or those who prioritize a home at or above neighbourhood averages for size may find it too compact. It’s geared toward minimalists and those with simpler spatial needs.