Property Overview & Key Characteristics
This well-maintained, one-storey home at 1027 Edderton Avenue offers a practical and comfortable living space in Winnipeg's Beaumont neighbourhood. Built in 2005, it is a notably newer construction compared to many homes in the area, which often date back to the mid-20th century. This suggests modern building standards and potentially lower immediate maintenance needs. The home sits on a generous 5,152 sqft lot, providing ample outdoor space, and features a renovated basement, adding valuable finished living area to the 1,168 sqft main floor.
Its appeal lies in its balance of space, modernity, and value. The renovated basement is a significant asset, effectively expanding the living space for a growing family, a home-based business, or a dedicated recreation area. The property's assessed value ranks highly within its immediate street and neighbourhood, indicating it is perceived as a solid asset in its locale. It would suit first-time buyers looking for a move-in-ready, modern home without the premium of a brand-new build, or downsizers seeking single-level living with the bonus of a finished lower level for guests or hobbies. A thoughtful perspective is that its newer age and good lot size offer a "blank canvas" advantage in an established area, providing modern comforts while still allowing for future landscaping or exterior personalization.
Frequently Asked Questions
1. How does the age of this home compare to others nearby?
Built in 2005, this home is significantly newer than many properties in Beaumont. It ranks in the top 10% for year built within the neighbourhood, meaning it is among the most modern homes available in the area.
2. What does the "renovated basement" include?
While the specific finishes are not detailed in the provided information, a "renovated basement" typically means it is finished as livable space, which could include rooms such as a family room, bedroom, or office. It is a key feature that adds functional square footage to the property.
3. Is the property a good value compared to the street and area?
The home's assessed value ranks in the top 30% on its street and top 14% in the Beaumont neighbourhood, suggesting municipal assessment views it favorably against comparable properties. This can be a positive indicator of its relative market value.
4. Who might this property not suit?
Buyers requiring an attached garage or a swimming pool would need to look elsewhere, as this property has neither. It may also be less suitable for those seeking a very large main-floor living area, as the above-ground square footage is modest relative to the lot size.
5. What is the neighbourhood context like?
The listing shows nearby properties with a wide range of ages and sizes, from older, smaller homes to new constructions. This suggests a diverse, evolving streetscape rather than a uniform historic area, which can be appealing for those seeking a mix of character and renewal.