Property Overview: 1030 Edderton Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, offers modern living in Winnipeg’s Beaumont neighbourhood. Its key appeal lies in being a relatively new build with a renovated basement, requiring less immediate maintenance than an older home. With 1,408 sqft of living space on a 3,266 sqft lot, it strikes a balance between indoor comfort and outdoor space.
The property’s standout feature is its strong value history. It last sold in May 2022 for $62.50k, a price that ranked in the top 2% for its street, indicating a premium was paid for its then nearly-new condition. While the current assessed value is $51.80k, its historical sales performance suggests a track record of attracting buyer interest. The home ranks highly within its immediate neighbourhood for its newer age (top 6%) and above-average lot size (top 8%), offering a sense of relative modernity and space.
This home would suit a first-time buyer or downsizer seeking a low-maintenance, modern property without the premium of a brand-new build. It’s also a practical fit for someone who values a finished basement for extra living space but doesn’t require a garage. A thoughtful perspective: for the neighbourhood, this is a contemporary property, potentially offering better energy efficiency and layout than many surrounding older homes, which is a less obvious but tangible daily benefit.
Section 2: Frequently Asked Questions
1. How does the sold price history affect this property's value?
The home sold for a significant neighbourhood premium in 2022. This history shows strong past buyer demand, likely due to its then near-new condition. It provides a useful benchmark, though current market conditions will determine present value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the listing agent to understand the quality and use of this additional space.
3. Is the lack of a garage a major drawback?
This depends on buyer needs. For some, it’s a disadvantage. For others, the trade-off for a newer home with a finished basement at this price point may be acceptable, especially given the above-average lot size which could allow for future addition.
4. How does this home compare to others on the street?
Data shows it has a larger-than-average lot for the street (top 20%) and is newer than most (top 18%). However, its living area is slightly below the street average (top 21%). This suggests you’re getting more outdoor space and a newer structure, but not the largest house on the block.
5. What is the neighbourhood (Beaumont) like?
The provided data compares it to other Beaumont properties, which range from historic 1930s/40s homes to new constructions like a 2025 build on Rosemount Avenue. This indicates a mixed, evolving area where this 2019 home represents a modern option among more established properties.