Here is a clean, standalone summary of the property at 342 Beliveau Road.

Key Characteristics & Ideal Buyer Profile

This is a compact, older home with a realistic price point. At 740 square feet of living area and a lot size of 4,048 sqft, it is smaller than the average home on its street, in the Worthington neighborhood, and across Winnipeg. The property was built in 1948, meaning it is older than most comparable homes on the street.

Its main appeal is its strong value in a lower tier of the market. The assessed value is $206,000, which ranks in the bottom 10% citywide. For a buyer, this is the upside: in a city where the average comparable home is valued near $390,000, this property offers a significantly lower entry point. The lot is also where you get the most even footing—it sits right around the average for the street, despite the house itself being small.

This property would suit a buyer who is comfortable with a fixer-upper or budget-conscious renovation. It is not for someone wanting move-in-ready space or a large yard relative to the neighborhood. Instead, it works for an entry-level buyer, an investor looking for a low-cost rental, or someone willing to live small in exchange for a lower mortgage. The "smallest and least expensive on the block" dynamic means the buyer is paying for the location and land, not the house—a strategy that often carries less risk if you’re patient about upgrades.

Five Frequently Asked Questions (FAQs)

1. How does the lot size compare to other homes nearby?
The lot is 4,048 sqft. It is actually close to average for Beliveau Road itself (where the average is about 6,049 sqft). However, it is well below the neighborhood average of 7,831 sqft and the city average of 6,570 sqft. You are getting a yard, but it’s on the smaller side for Worthington.

2. Is this home considered a good deal based on its assessed value?
Yes, from a strict data standpoint. The assessed value of $206,000 is among the lowest 5% on the street and the lowest 9% citywide for comparable properties. This reflects the small size and older age of the building, but it also means the buyer is not paying a premium for space they aren’t getting.

3. How old is the house, and is that a concern?
The year of construction is 1948. This makes it older than the average house on Beliveau Road (which averages 1966) and in the city (also 1966). It is typical for the Worthington neighborhood, which has an average build year of 1962. A 1948 home will likely need more maintenance and updates (electrical, plumbing, insulation) than a later build, so a home inspection is strongly recommended.

4. What does "ranked #80 out of 91" for living area mean?
It means this property is in the bottom percentile for size. Out of 91 comparable homes on Beliveau Road, 79 are larger, and only 11 are smaller. This confirms the house is among the smallest on the street.

5. Where does the assessed value rank compared to other properties?
It ranks at #86 out of 91 on Beliveau Road (Top 95%—meaning it is lower than 95% of neighbors). In Worthington, it ranks #775 out of 811 (Top 96%). Citywide, it is #176,838 out of 194,458 (Top 91%). In simple terms, this is one of the lowest-valued homes in its area, which is the entire basis of its appeal for a value-focused buyer.