Property Overview
This one-and-a-half storey home on Beverley Street, built in 1910, presents a practical opportunity in Winnipeg's Daniel McIntyre neighbourhood. With 1,116 sqft of living space, its size is typical for the immediate area. A key feature is the renovated basement, adding functional living space. The property sits on a modest 2,291 sqft lot, which is smaller than many in the city but common for the neighbourhood's character.
Its appeal lies in its established location and updated practicality. The home's assessed value ranks well above average for Beverley Street itself, suggesting it is a solid performer within its specific context. This isn't a sprawling suburban property; instead, it suits a buyer looking for a manageable, character home in a central community without a large maintenance footprint. It would fit first-time homeowners, downsizers, or investors seeking a property with recent updates (like the basement) in a mature, no-frills neighbourhood.
Frequently Asked Questions
How does the smaller lot size affect the property?
While the land area is below the city average, it is consistent with many lots in Daniel McIntyre. This means lower exterior maintenance and potentially lower property taxes tied to land value, but also limited space for expansive additions or privacy.
The home sold for $18.5k in 2020 but now has a $21.4k assessment. What does this mean?
The 2020 sale price appears to be a nominal figure, not reflective of a standard market transaction (potentially a transfer between family members or a sale with conditions). The current assessed value is the relevant figure for municipal taxes and is considered above average for the street.
What does the "above average" assessment on the street indicate?
It suggests that, according to municipal valuation, this home has a higher worth than most on Beverley Street. This could be due to the renovated basement, overall condition, or specific attributes that add value relative to its direct neighbours.
Is the 1910 build date a concern?
The year built is actually older than the average on the street, which can imply solid, traditional construction. However, it necessitates a thorough inspection to understand the condition of aging components like wiring, plumbing, and the foundation, even with a renovated basement.
Who might this property not suit?
It may not fit buyers seeking a large yard, modern open-concept layouts, or garage parking. The home offers central, character-driven living rather than suburban space and amenities.