Property Overview: 1405 Mars Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Beaumont sits on a spacious, mature lot that is larger than most in the area. The property’s key features include a renovated basement and a detached garage. Built in 1960, it presents a solid opportunity in a long-established neighbourhood.
The primary appeal lies in its balance of a generous land parcel and recent updates below grade, offering immediate livability and future potential. While the living area is modest, the renovated basement effectively expands the usable space. The lot size is a significant asset, ranking in the top tier for the street, which is rare for older infill neighbourhoods and provides valuable outdoor space or future expansion possibilities.
This home would suit a first-time buyer or downsizer looking for a manageable single-level layout without compromising on yard size. It’s also a practical candidate for a long-term holder who values the stability of an established area and sees potential in the land value over time. The recent basement renovation removes a major project from the list, making it a move-in-ready option for a pragmatic buyer.
Section 2: Frequently Asked Questions
1. How does the lot size compare to newer homes?
At over 5,500 square feet, the lot is substantially larger than those found in many modern subdivisions. This is a defining characteristic of the property, offering more privacy and space than is typical today.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on the scope, quality, permits, or finished square footage are not provided here. This would be a key detail to clarify with the seller or agent.
3. Is the house dated, given its age?
Built in 1960, some original elements are likely. The appeal for many will be the solid foundation and lot, with the understanding that cosmetic updates to the main living area may be desired over time. The renovated basement suggests some modernization has begun.
4. How is the value positioned in the market?
The assessed value is consistent with similar homes across several neighbourhoods. Notably, the last sale was in 2016, so the current price will reflect nearly a decade of market changes since that transaction.
5. What is the neighbourhood like?
Beaumont is a mature, established area. The rankings show this property’s metrics (like lot size) are strong within the immediate street and neighbourhood, suggesting a well-regarded location within the community.