Property Overview: 772 Beaverbrook Street, Winnipeg
Key Characteristics & Appeal
This home at 772 Beaverbrook Street in the Mathers neighbourhood presents a balanced offering for a specific buyer. Its key characteristic is a larger-than-average lot for the immediate street, at 5,100 sqft, placing it in the top 14% locally. This provides valuable outdoor space and potential in an established area. The house itself, built in 1956, is newer than many on the block, and its 1,052 sqft living area is comfortably within the average range for the city.
The appeal lies in its position as a solid, mid-century home on a generous lot within a mature community. Recent sale history suggests stable value. It would suit a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who values a sizable yard over a large interior footprint and appreciates the character and stability of a long-established neighbourhood. It’s a property for those who see potential in the land and a well-located structure, rather than seeking modern finishes or maximum square footage.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home’s assessed value is notably lower than its historical sale prices (in the $300k-$350k range). This is not uncommon, as municipal assessments for tax purposes often lag behind market values. Prospective buyers should rely on current market evaluations, not the assessment, to determine value.
2. Is the lot size a significant advantage?
Yes, particularly within the immediate vicinity. The lot is larger than most on Beaverbrook Street, offering more private outdoor space than you might typically find. This is a less obvious but valuable asset for gardening, recreation, or future expansion, setting it apart from directly neighbouring properties.
3. What does the "below average" ranking for assessed value in Mathers mean?
This statistic indicates that within the wider Mathers neighbourhood, this home’s assessed value is lower than about 75% of comparable properties. This generally translates to relatively lower property taxes, which is a tangible financial benefit for the owner.
4. The home was built in 1956. What should I consider?
While newer than many homes on its street, a 70-year-old house will likely have original or aging core components. A thorough inspection of the roof, foundation, plumbing, and electrical systems is essential to understand any needed updates or maintenance liabilities.
5. How can I find out the exact past sale prices?
The listed sale prices are estimated ranges from public data. The listing service offers to provide the exact sale prices via email upon request, which they handle manually. This gives you precise historical data for your own analysis.