Property Overview: 1137 Beauty Avenue

Key Characteristics & Appeal

This well-situated home at 1137 Beauty Avenue presents a compelling blend of space, value, and established character. Built in 1980, it is a newer construction compared to many homes on its street and across Winnipeg, suggesting potentially fewer major age-related concerns. The property stands out for its generous proportions, offering 1,374 sqft of living space—significantly above the local average—on a large 7,046 sqft lot, providing ample room both indoors and out.

Its appeal is rooted in solid, above-average fundamentals within its immediate context. The home ranks in the top tiers on Beauty Avenue for living area, assessed value, year built, and lot size. This indicates a property that outperforms most of its direct neighbors on key metrics. With an assessed value of $450k and a recent sold price range of $400k–$450k, it represents a substantial home in the area.

This property would suit buyers looking for a spacious family home in an established neighborhood without paying a premium for a downtown or river-adjacent location. It’s ideal for those who prioritize interior and yard space over a trendy postal code, and for value-conscious buyers who appreciate a home that stands above its immediate peers in terms of size and modern build year. The large lot also offers long-term potential for expansion or landscaping projects.

Frequently Asked Questions

1. How does this home’s value compare to the wider city?
While the home ranks above average city-wide for assessed value and lot size, its living area is closer to the Winnipeg average. This suggests you are acquiring a particularly large property and lot for the price point, with the value being more pronounced within the Leila-Mcphillips Triangle area itself.

2. The home is newer than most on the street. What does that imply?
A 1980 build date places it in the top 10% newest homes on Beauty Avenue. This can mean updated building materials, electrical systems, and insulation compared to much older stock, potentially translating to lower immediate maintenance costs and better energy efficiency.

3. What is the significance of the large lot size?
At over 7,000 sqft, the lot is substantially larger than the average on its street (~3,868 sqft). This offers not only more private outdoor space but also provides a greater sense of privacy from neighbors and could be a strategic asset for future resale or redevelopment.

4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly displayed online. You can request it directly via the email button on the listing page. The service provides the accurate figure manually, typically by the end of the same day, without using your email for marketing.

5. Are the nearby similar-value properties a good indicator?
The listed properties with similar assessed values are located in different neighborhoods (like Elmhurst). This indicates that at this price point, buyers are often comparing across various areas of Winnipeg, so it’s useful to research what similar budgets afford in other communities to understand this home’s relative value.