Property Overview: 1032 Rosemount Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Beaumont presents a practical opportunity. Its key characteristic is a recently renovated basement, adding valuable finished space to the 754 sqft main floor. The lot is a generous 5,152 sqft, placing it in the top quarter of the street for size, which offers room for gardening, play, or expansion. While the home itself was built in 1954, its living area is notably larger than most comparable homes in the immediate area and across Winnipeg, suggesting a potentially efficient or expanded layout.
The appeal lies in its grounded, move-in-ready foundation with clear value. The renovated basement provides immediate utility without the need for a major project. It suits first-time buyers looking for a manageable home with outdoor space, or downsizers seeking a single-level living with a low-maintenance lot and the bonus of a finished lower level. A thoughtful perspective is that this property represents a "blank canvas with the hard work done." The core upgrade (the basement) is complete, allowing the next owner to personalize the main living areas over time without tackling a large, disruptive renovation first.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A viewing is essential to determine if it's a modern living space, a rec room, or includes additional bedrooms or a bathroom.
2. How does the assessed value relate to the likely listing price?
The assessed value is $31.5k, but this is for municipal tax purposes and is typically far below market value. The last known sale was in 2017 for $22k. The current market price will be determined by recent sales of similar, updated homes in Beaumont.
3. Is the detached garage included?
Yes, the property includes a detached garage. Its size, condition, and features should be verified during a viewing.
4. The home is older—what should I check regarding maintenance?
While the basement is updated, a 1954-built home requires attention to its major systems. A thorough inspection should focus on the roof, foundation, plumbing, electrical, and heating systems to understand any upcoming capital costs.
5. The lot is large for the area. What are the possibilities?
The lot size is a significant asset. Potential uses could include adding a deck or patio, creating extensive garden beds, or even future expansion of the home (subject to zoning bylaws and permits). It offers more privacy and space than many neighbouring properties.