Property Overview: 1236 Windermere Avenue
Key Characteristics & Appeal
This is a classic one-and-a-half storey home in Winnipeg's Beaumont neighbourhood, built in 1947. It sits on a generous, mature lot of nearly 5,000 sq ft, which is notably larger than many in the immediate area. With 1,300 sq ft of living space, the home offers more room than over 80% of its neighbours, providing a sense of space that is somewhat rare for its vintage. A detached garage adds practical utility.
The appeal here is rooted in established character and space. The lot size is a significant asset, offering potential for gardening, expansion, or simply more private outdoor living in a central location. While the home itself is older, its above-average living area for the street suggests a layout that may feel more substantial than typical homes from this era. The property last sold in July 2023 for $290,000, a price point that was competitive within the wider city at the time.
This home would suit a pragmatic buyer who values lot size and interior space over a modern build. It’s a candidate for someone comfortable with a home of this age, potentially looking for a character property to update gradually. The strong lot ranking also makes it interesting for those who see long-term value in land, whether for personal use or future redevelopment potential.
Frequently Asked Questions
1. What does the "Top X%" ranking mean for the lot size?
The lot is in the top 26% for size within the Beaumont neighbourhood, meaning it's larger than 74% of other lots nearby. This is one of the property's standout features.
2. Is the assessed value a good indicator of the selling price?
No, the municipal assessed value ($24,200) is for tax purposes and is typically far below market value. The 2023 sale price of $290,000 is the relevant market indicator.
3. What should I consider with a home built in 1947?
Prospective buyers should budget for potential updates to major aging systems like plumbing, electrical, and the roof. A thorough inspection is essential to understand the home's current condition.
4. How does the living area compare to newer homes?
At 1,300 sq ft, it offers more interior space than most homes on its street and in Beaumont. While the layout may differ from open-concept modern builds, it provides comparable square footage.
5. What are the implications of a detached garage?
It offers flexible storage or workshop space separate from the house. However, it requires maintenance of a separate structure and may mean navigating a driveway or yard to access it in winter.