179 Beliveau Road – Property Summary
Key Characteristics and Buyer Profile
This is a 963-square-foot home built in 1979, located on Beliveau Road in the Worthington neighbourhood of Winnipeg. What stands out most is the assessed value: it ranks first on its street and in its neighbourhood (top 1%), and above average citywide. That’s unusual for a home of this size—the living area is around average on the street and in the city, but the value is significantly higher. This suggests the property has something other than square footage driving its worth, such as desirable lot characteristics, updates, or location within the area. The year built is also a distinguishing factor: it’s the newest home on Beliveau Road (top 1%) and above average for the neighbourhood, though older than the citywide average. This property would likely appeal to buyers who prioritize value retention or appreciation potential over raw space. It may suit someone looking for a well-positioned, efficiently sized home in a solid neighbourhood, rather than a larger or newer house further out. The combination of top assessed value and modest square footage also hints at a property that might work well for an investor or owner-occupant who sees long-term upside.
Five Possible FAQs
1. Why is the assessed value so high compared to other homes on the street?
The data shows it ranks #1 out of 208 homes on Beliveau Road for assessed value, despite having only an average living area. That likely means the home has features not captured by square footage alone—possibly a larger lot, recent renovations, a desirable location within the street, or other site-specific advantages.
2. How does the living area compare to other homes in Winnipeg?
At 963 square feet, it’s slightly below the citywide average for comparable homes (1,042 sqft) but close to the street average (894 sqft). It’s ranked around the middle citywide (top 54%), so it’s not unusually small—just compact relative to the overall market.
3. Is this home older or newer than others in the area?
It was built in 1979, making it the newest home on Beliveau Road (top 1%) and newer than most in the Worthington neighbourhood (top 25%). Across Winnipeg, it’s around average—many homes are newer, but many are also older.
4. What does “assessed value” mean for a buyer?
Assessed value is the city’s estimate of market value for property tax purposes. It isn’t the same as the sale price, but a high assessed value relative to neighbours often signals strong demand or premium features. It can also mean higher property taxes, so it’s worth checking the current tax bill.
5. How does this home compare to others on the block?
On Beliveau Road, it has the highest assessed value and is the newest home. Its living area is slightly above average for the street. That combination is uncommon—most homes in the top tier for either value or age tend to differ significantly in size. This one sits somewhere in the middle for space but leads in other metrics.