Property Overview
This 1930s one-storey home on a generous 5,024 sqft lot in Beaumont presents a classic Winnipeg character property with modern updates. Its key appeal lies in the balance of original charm, practical renovation, and a lot size that stands out in the neighbourhood. The fully renovated basement adds significant functional living space, a valuable asset in a home of this era. With a detached garage and a lot that ranks in the top third for size on its street, it offers both utility and potential.
The home is particularly well-suited for first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It would also appeal to value-conscious buyers looking for a solid, updated structure in a well-established area, where they can enjoy mature trees and neighbourhood character. A less obvious advantage is its age ranking: built in 1930, it is among the top 10% oldest homes on the street, which can often mean a well-built core structure and a established, settled streetscape.
Key Questions for Consideration
1. What does the "renovated basement" entail?
It's essential to understand the scope, quality, and permits for this renovation, as it represents a major portion of the home's liveable space and functionality.
2. How does the 2016 sale price compare to the current asking price?
The property sold for $23.2k in 2016, which is significantly below its current assessed value of $31.6k. Investigating the market changes and improvements made since that sale will provide crucial context for its current valuation.
3. What is the condition of the detached garage and other exterior structures?
Given the age of the property, the state of the garage, foundation, roof, and major mechanical systems (like plumbing and wiring, which may have been updated) should be carefully evaluated.
4. How does the living area compare to needs?
At 1,112 sqft above grade, the main floor living space is modest. Buyers should consider if the layout and basement space adequately meet their daily living requirements.
5. What is the immediate neighbourhood vibe like?
The lot size ranks well, but it's wise to experience the street's traffic, noise levels, and neighbour dynamics firsthand, as these factors greatly influence livability in established areas.