Property Overview: 1024 Rosemount Avenue
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Beaumont presents a practical and comfortable living opportunity. Its key characteristic is a renovated basement, adding valuable finished space to the 920 sqft main floor. The property sits on a generous 5,151 sqft lot, offering ample outdoor space that ranks well above average for the street. While the home itself was built in 1955, its living area is notably spacious compared to many in the wider neighbourhood and city.
The appeal lies in its balance of established charm and modern updates, primarily in the basement. It suits first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for a manageable single-level layout without sacrificing yard space. A thoughtful perspective is the home’s "middle-of-the-road" rankings in assessments and recent sales for the area; it doesn’t command a premium price for luxury, but also isn’t at the bottom, suggesting a stable, value-oriented entry into a mature neighbourhood. The detached garage adds utility and storage flexibility.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era often means it has been finished into a livable space, potentially including recreation areas, additional bedrooms, or a bathroom, adding significant functional square footage.
2. How does the lot size compare to newer homes?
At over 5,000 sqft, the lot is substantially larger than those found in many modern subdivisions. This allows for greater privacy, gardening potential, and outdoor living space—a premium feature in established neighbourhoods.
3. The home last sold in early 2020. What should I consider?
The 2020 sale price provides a historical marker, but market conditions have shifted. It’s important to focus on its current assessed value and recent comparable sales in Beaumont to understand today’s value.
4. Is a 1955-built home a concern?
Homes from this period are common in Winnipeg and are often solidly built. The key is the maintenance and updates over time. The renovated basement is a positive sign, but a thorough inspection for foundational, electrical, and plumbing systems is always recommended.
5. Who handles the rankings and what do they mean?
The rankings (e.g., "Top 19% in same street" for lot area) are statistical comparisons based on public data. They quickly show how this property measures up against immediate neighbours and the wider city in specific categories, like lot size or assessed value, helping gauge its relative standing.