Property Overview & Key Characteristics
This 1954-built, one-storey home on a spacious 6,000 sqft lot in Beaumont presents a classic Winnipeg character with practical updates. Its key appeal lies in the combination of a generous, mature lot and a renovated basement, offering expanded living space in a well-established neighbourhood. The detached garage adds functional storage or workshop potential.
The home suits first-time buyers seeking a solid entry point into a desirable area, or downsizers looking for a manageable single-level layout without compromising on outdoor space. Its above-average lot size for the street is a standout feature, offering room for gardening, play, or future expansion. A thoughtful perspective is that while the living area is modest, the renovated basement and large lot provide a strong foundation to add value, whether through interior updates or outdoor living enhancements. The property’s assessed value ranks solidly in the middle of the local market, suggesting it is a competitively positioned, no-surprises investment rather than a speculative project.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 5,999 sqft lot is a significant feature, ranking in the top 13% for size on Windermere Avenue. It is substantially larger than many neighbouring properties, offering more privacy and potential.
2. What does "renovated basement" typically mean for a home of this era?
While specifics should be verified, in a 1954 home this usually indicates foundational updates like moisture control, improved insulation, and finished living space. It’s a major advantage, adding functional square footage and modern livability.
3. Is the house smaller than others nearby?
At 991 sqft of above-ground living area, it is below the neighbourhood median. However, this is balanced by the renovated basement and the very large lot. It represents a more efficient floor plan on a premium piece of land.
4. The home last sold in 2016. What does that indicate?
An 8-year ownership period suggests stability and likely thoughtful maintenance, not rapid turnover. The price increase from its 2016 sale to the current assessed value aligns with general market trends in the area.
5. How does the assessed value relate to the likely listing or sale price?
The assessed value is for municipal tax purposes. In a stable market, it often serves as a baseline. Given the desirable lot size and basement renovation, a market price would reasonably reflect these premium features above the assessed value.