3471 Beiko Avenue

Property Summary: 3471 Beiko Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established Elmhurst bungalow presents a classic and practical home on a generous 7,148 sqft lot. Its key features include a fully finished basement, attached garage, and a functional 1,419 sqft main-floor living space. Built in 1979, the home offers a solid foundation and a layout typical of its era, which often provides good room separation and straightforward renovation potential.

The appeal lies in its balance of space, location, and value. The property ranks highly within Winnipeg for its above-average lot size and assessed value, suggesting a strong foothold in a mature neighbourhood. It’s a home that offers room to breathe and garden, without the premium price tag of newer developments. This property would suit first-time buyers looking for a move-in-ready home with a finished basement for extra space, or downsizers seeking single-level living with a manageable yard and garage. A thoughtful perspective is that homes from this period often have simpler structural layouts, which can make future updates or modifications more straightforward than in some newer, more complex builds.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the "top 16%" for lot size in Winnipeg means the lot is larger than 84% of all properties in the city, which is a significant advantage.

2. Is the finished basement included in the 1,419 sqft living area?
No, the listed 1,419 sqft refers to the main living area above grade. The finished basement provides additional, separate space.

3. What are the potential considerations with a 47-year-old home?
While offering solid construction, a home of this age will likely have original or aging core components. A thorough inspection is advised to assess the condition of the roof, windows, plumbing, electrical systems, and major appliances to help plan for future maintenance.

4. How does the assessed value relate to the asking price?
The municipal assessment of $474,000 is for taxation purposes and provides a benchmark. Market conditions, recent upgrades, and seller motivation will determine the final listing and sale price, which can be above or below this figure.

5. What is the neighbourhood (Elmhurst) like?
As a mature Winnipeg neighbourhood, Elmhurst typically offers established amenities, parks, and schools. The "top 49%" ranking for lot size within the community itself indicates this property is about average for the area, fitting right into the local character.