Property Overview: 753 Beverley Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1912, presents a classic character property with practical advantages. Its key strength is an above-average living space of 1,280 sqft for the Daniel McIntyre neighbourhood, offering more room than many comparable homes. The standout feature is the land: at over 3,000 sqft, the lot size is in the top 3% for Beverley Street, providing rare outdoor space and potential in a central area. While the basement exists, it is noted as not renovated, and the property has no garage or pool.
The appeal lies in its position as a solid, centrally-located home with a generous footprint. It suits value-conscious buyers looking for a character home with room to grow or customize over time, particularly those who prioritize private outdoor space in the city. The assessed value is modest relative to the city-wide average, suggesting a potentially accessible entry point into the market. A thoughtful perspective is that this property offers a "blank canvas" quality—it provides the valuable assets of space and location, allowing a buyer to incrementally shape the home to their needs without paying a premium for already-completed, high-end renovations.
Frequently Asked Questions
1. What does "one & 3/4 storey" mean?
This is a common architectural style for the era, typically featuring a full main floor and a second floor where the roofline slopes inward, creating some rooms with sloped ceilings or slightly less square footage than a full two-storey home. It adds character and efficient use of space.
2. How significant is the large lot size?
Very significant for the street and neighbourhood. It offers more privacy, gardening space, and play area than most nearby properties. It also represents long-term value and potential for additions or landscaping projects that aren't possible on standard-sized lots.
3. The assessed value seems low. Does that reflect the sale price?
Property assessments are for municipal tax purposes and use a mass appraisal system. They are not market valuations. The home last sold for $20.70k in December 2023, which is a more relevant indicator of its recent market value.
4. What should I know about an unrenovated basement?
This indicates the basement is in original or functional condition but may lack modern finishes, moisture-proofing, or legal ceiling height for a suite. It represents both a cost-saving (lower purchase price) and a future project opportunity, but a thorough inspection is essential.
5. How does this home compare to others in the city?
The data shows it's a neighbourhood-centric property. Its living space and lot are above average for Daniel McIntyre, but its age and assessed value are more typical when compared just to the city as a whole. This highlights its strong standing within its immediate, established community.