1110 Waterford Avenue

Property Summary: 1110 Waterford Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Beaumont is defined by its generous, mature lot and solid standing within its community. Built in 1984, it is notably newer than many surrounding properties, suggesting potentially fewer immediate concerns with aging infrastructure. The key appeal lies in its substantial land size of nearly 11,000 sq ft, which ranks in the top tier for the street and neighbourhood, offering significant outdoor space for gardening, recreation, or future expansion. The home features a renovated basement and a detached garage.

Its value proposition is grounded in above-average rankings for lot size, assessed value, and building age relative to its immediate area. This combination suits buyers looking for a established neighbourhood setting with more modern construction roots, where the land itself is a major asset. It would particularly appeal to those seeking a manageable single-level layout with a finished basement for extra space, and to buyers who prioritize a large, private yard over a larger interior footprint.

A less obvious perspective is the property's apparent stability; its assessed value has risen modestly since its 2020 sale, and it consistently ranks highly on its street—a sign of a well-regarded location. It may represent a "middle ground" option: newer than many classic character homes but on a much larger parcel than typical newer infill properties.

Section 2: Frequently Asked Questions

1. How does the building age (1984) compare to the rest of the neighbourhood?
The home is significantly newer than many in Beaumont. It ranks in the top 13% for year built in the neighbourhood, meaning it is one of the more modern houses in the area, which can be an advantage for maintenance and systems.

2. The living area is 1,290 sq ft. Is that typical for the area?
It is above average. The size ranks in the top 21% for the neighbourhood, so it offers more interior space than most nearby homes, while still being a manageable single-storey layout.

3. What does the high ranking for lot size practically mean?
With a lot size in the top 4% of the neighbourhood, this property offers one of the largest parcels around. This provides exceptional privacy, space for outdoor activities, and future potential, which is rare in established areas.

4. The detached garage is noted. Is that common here?
While the listing doesn't specify for all homes, several comparable references show a mix. A detached garage offers flexibility and can be preferable for workshops or storage separate from the house.

5. How stable has the property's value been?
The assessed value of $43.3k is higher than its 2020 sale price of $38.8k, and it now ranks in the top 11% for assessed value in the neighbourhood. This indicates a steady, above-average value growth relative to nearby properties.