Property Overview: 88 Beaumont Bay, Winnipeg
Key Characteristics & Appeal
This home at 88 Beaumont Bay in Maybank is a study in desirable neighbourhood positioning. Built in 1954, its key appeal lies in its strong standing within its immediate, established streetscape. The living area of 1,032 sqft ranks in the top 7% for Beaumont Bay, meaning it offers more interior space than most of its direct neighbours. Similarly, its assessed value is above the street average. This suggests a property that is a relative standout on its own block, potentially offering better value or more substantial improvements than nearby homes.
The appeal is more nuanced when zooming out. Compared to the wider city, the lot size and assessed value are more modest, framing this as a solid, established home in a mature neighbourhood rather than a sprawling suburban property. It would suit a buyer who values a sense of community and character in a well-located area, and who prioritizes being above-average for their immediate surroundings over competing with city-wide averages. It’s a practical choice for someone looking for a comfortable, settled home in Maybank without the premium of a new build or a massive lot.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it compares very favourably to its closest neighbours on Beaumont Bay, particularly in living space and year built. It's when comparing to all of Winnipeg that its metrics appear more average, highlighting the established nature of this specific neighbourhood.
2. The assessed value seems low. What does that indicate?
The assessed value for tax purposes ($25.80k) is not the market value. The provided sales history from 2017 and 2022 shows it previously sold in the $200k-$250k range. The low assessed value is typical for Winnipeg and should not be confused with the home's likely selling price.
3. What does the "Top 7%" ranking for living area actually mean?
On Beaumont Bay, only 6 out of 67 comparable homes have a larger living area than this one. So, within its immediate peer group, it offers more interior space than 93% of similar properties.
4. The home was built in 1954. Should I be concerned about updates or maintenance?
The year built (1954) ranks in the top 4% on its street, meaning it is actually one of the newer homes on Beaumont Bay. This suggests the neighbourhood has a consistent, classic character. A buyer's inspection should focus on the condition and updates of major systems (roof, wiring, plumbing, windows) common to homes of this era.
5. The lot size is below the city average. Is that a major drawback?
The lot is approximately 3,664 sqft, which is consistent with the average for Beaumont Bay. This is typical for mature, inner-city neighbourhoods. It offers a manageable yard size with less maintenance than a larger suburban lot, which can be an advantage for many buyers.