623 Beverley Street

Property Overview & Key Characteristics

This one-and-a-half storey home, built in 1908, is a classic Winnipeg character property situated in the Daniel McIntyre neighbourhood. With 1,261 sqft of living space, it sits on a larger-than-average lot for the immediate area at over 3,000 sqft. The home features a basement, but it is noted as not being renovated. There is no garage or pool.

Its primary appeal lies in its established location and its solid standing within the local context. The data shows that for its street and neighbourhood, this home ranks above average in both assessed value and land area. This suggests a property that is well-regarded and proportionally sized within a mature community. The sale history indicates significant market appreciation between 2017 and 2021.

This property would suit a buyer who appreciates the charm and history of an early 20th-century home and is looking for a foothold in a central neighbourhood. It is likely a candidate for someone comfortable with a home that may require updates, particularly the basement, and who values a decent lot size over modern amenities like a garage. It’s a practical choice for those who compare value within a specific community rather than against city-wide averages.

Frequently Asked Questions

1. What does the assessed value ranking mean?
While the home’s assessed value is below the Winnipeg city-wide average, it ranks well above average for both Beverley Street and the broader Daniel McIntyre neighbourhood. This indicates the property is considered relatively valuable within its own established community context.

2. Is the lot size a significant feature?
Yes. At 3,033 sqft, the lot is larger than many on the same street and in the neighbourhood. This offers more outdoor space than typical for the area, which could be a advantage for gardening, entertaining, or future expansion.

3. What should I know about the “not renovated” basement?
This note suggests the basement is in original or functional condition but has not been modernized or finished to contemporary standards. Buyers should budget for potential updates for moisture control, insulation, or living space conversion, and will want a thorough inspection.

4. How does the sale history inform the current value?
The home sold for $200,000 in 2021, a substantial increase from its 2017 sale price. This shows strong market momentum in recent years. Current value will depend on market conditions since 2021, but this history provides a clear benchmark.

5. Who might this home not suit?
Buyers seeking a move-in-ready home with modern, turnkey finishes or those who require a garage for vehicle storage may find this property less suitable. It appeals more to those who see potential in a character home and value location and lot size over immediate convenience.