1033 Edderton Avenue

Property Overview

This well-situated one-storey home on a generous 5,153 sqft lot in Beaumont presents a practical and value-conscious opportunity. Its key appeal lies in a balance of established neighbourhood character, recent updates, and a manageable scale. The home features a renovated basement and an attached garage, adding functional living and storage space to its 862 sqft main-floor footprint. Built in 1952, it sits on a lot that is larger than most on its street and in Winnipeg overall, offering potential for outdoor enjoyment or future expansion.

The property would suit first-time buyers seeking an entry point into a mature area without a major renovation project, thanks to the updated basement. It also appeals to downsizers or those looking for a low-maintenance, single-level layout. A thoughtful perspective is that while the living area is compact, the renovated basement and above-average lot size provide crucial space flexibility that isn't immediately apparent from the square footage alone. The recent sale in early 2024 at a price close to its assessed value suggests a stable, grounded market price.

Key Questions for Consideration

1. What does "renovated basement" specifically include?
It's essential to clarify the scope, quality, and permits for this renovation to understand if it adds finished living space, additional bedrooms, or simply updated finishes.

2. How does the smaller main living area (862 sqft) feel in practice?
The home's livability will depend heavily on an efficient floor plan. Viewing the property is crucial to see how the space flows and how the renovated basement integrates with daily life.

3. What is the neighbourhood vibe and typical upkeep for homes of this era?
Beaumont features older, character homes. Prospective buyers should walk the street to gauge pride of ownership and consider potential maintenance items common to houses built in the 1950s.

4. The lot is larger than average—are there any usage restrictions or opportunities?
The sizable lot is a significant asset. Check for any easements or zoning bylaws that might affect adding a deck, garden structures, or even a future addition.

5. How do the utility costs compare for a home of this age and size?
While the home is modest in size, its 1952 construction may have different insulation and efficiency standards than newer builds. Requesting recent utility bills would provide a clear picture of ongoing costs.