Property Overview
This one-and-a-half storey home at 584 Beaverbrook Street presents a practical opportunity in Winnipeg's J.B. Mitchell neighborhood. Its key appeal lies in being a solid, renovated baseline property that offers space and functionality without a premium price tag. With 1,240 sqft of living space, it sits above average for its immediate street and area, suggesting good interior volume for its class. The renovated basement adds usable living area. The detached garage and a standard 4,385 sqft lot provide expected amenities and outdoor space.
The home suits first-time buyers or practical investors looking for a move-in-ready, no-fuss property in a mature neighborhood. Its assessed value is modest relative to the citywide average, indicating a potentially manageable tax burden and an entry point into the market. A thoughtful perspective is that while the home ranks below average in its specific area for metrics like year built and land size, it outperforms many of its direct street neighbors for living space—highlighting its relative value within its most immediate peer group. It’s a home that represents the established character of its street more than a standout in the wider area.
Frequently Asked Questions
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. Buyers should inquire about the basement's ceiling height, legal egress, and the scope of the renovation to understand its full functionality.
How does the assessed value relate to likely selling price?
The assessed value is $37,100, which is used for property tax calculation. The last recorded sale in late 2022 was in the $35.5k-$38.5k range. In Winnipeg, selling price can differ significantly from the assessed value, so this figure should not be used alone to determine market value or an offer price.
Is the home older than others in the area?
Built in 1950, it is slightly newer than the average on its street but ranks in the top 90% (meaning it's older than most) for the broader J.B. Mitchell area. This suggests the immediate block has homes of a similar vintage, while the surrounding neighborhood may have more newer construction.
What are the implications of the lot size rankings?
The lot is typical for Beaverbrook Street but below average for both J.B. Mitchell and Winnipeg overall. This means outdoor space is standard for the immediate location but more compact than many other city properties. It may suit those preferring lower maintenance.
How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide this data manually via email upon request, stating they aim to reply by the end of the same day without using the contact for unsolicited marketing.