Property Overview: 11 Beachside Bay, Winnipeg
Key Characteristics & Appeal
This home at 11 Beachside Bay in the Meadows neighbourhood presents a specific value proposition. Built in 1994, it is a newer home compared to the Winnipeg average. Its key characteristic is a modest living space of 1,149 sqft, which is notably smaller than most direct neighbours on Beachside Bay but aligns more closely with the typical size for the wider Meadows area and the city overall. The lot size of 5,005 sqft is consistently average across all comparison levels.
The appeal lies in its efficient scale and relative modernity within an established area. The assessed value of $44,500 is below the street average but sits above average city-wide, suggesting the property may offer more accessible entry into the Winnipeg market compared to pricier areas. Recent sale history indicates significant value growth between 2017 and 2023.
This property would best suit first-time buyers, downsizers, or investors seeking a lower-maintenance, newer-built home without a large footprint. It’s for those who prioritize location and a modern foundation over spaciousness, and who see potential in a home that is competitively positioned within the broader city market despite being more modest on its own street.
Frequently Asked Questions
1. Is this house much smaller than its neighbours?
Yes. The living area is 1,149 sqft, which ranks in the bottom 5% on Beachside Bay itself, where comparable homes average about 1,576 sqft. However, it is much closer to the average size for the wider Meadows neighbourhood and the city.
2. What does the assessed value tell us?
The assessed value of $44,500 is below the average for Beachside Bay. Interestingly, it ranks above average compared to the entire city, indicating that property values on this street are generally higher, making this one a more affordable option within that context.
3. How old is the property, and is that an advantage?
The home was built in 1994, making it 32 years old. It is newer than most homes in Winnipeg and ranks as newer than average on its street and in its neighbourhood, which can be an advantage for major systems like roofing, wiring, and plumbing.
4. Can I find out the exact historical sold prices?
The listing provides sold price ranges from public data (e.g., $450k-$500k in 2023). To obtain the exact sold prices, you must request them via email from the listing service, which provides them manually without using your email for marketing.
5. How does the lot size compare?
The land area of 5,005 sqft is consistently around the middle range of comparison—it’s not particularly large or small for the street, the Meadows area, or the city overall. It offers a standard urban lot for the location.