Property Overview: 853 Beaverbrook Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous lot. Built in 1956, the house itself is modest in size at 948 sqft, placing it below the average for the local Mathers area. Its assessed value is similarly positioned below the neighbourhood average. The standout feature is the 5,609 sqft lot, which ranks in the top 5% on its street, offering significantly more outdoor space than most nearby properties.
The appeal here is for a specific buyer: one who prioritizes land over living space. It suits a handy buyer or investor looking for a footprint with room to expand, garden, or simply enjoy a larger yard in a mature neighbourhood. It could also appeal to a first-time buyer comfortable with a smaller, classic home who sees the long-term potential in the lot size. The property’s value is practical and rooted in its land asset, rather than its current structure or finishes.
Frequently Asked Questions
1. Is the house in need of major updates?
Given its 1956 construction and below-average assessed value for the area, buyers should budget for modernizations. The condition aligns with a property where the land is the primary asset.
2. Why is the lot size so significant compared to neighbours?
The lot is notably larger than most on Beaverbrook Street, ranking in the elite top 5%. This suggests the property may have been part of an original subdivision pattern that has since changed, offering a rare amount of private outdoor space for the street.
3. How does the sold price history inform the current value?
The home sold between $300k-$350k in 2016. This historical data, combined with its current below-average assessment for Mathers, indicates it may be positioned as a more accessible entry point into the neighbourhood, with value driven by the lot.
4. What is the neighbourhood (Mathers) like?
Mathers is a mature, established neighbourhood. The property metrics show homes here have a wide range of sizes and values, suggesting a mixed, unpretentious character. The lot size here is around average for Mathers as a whole.
5. How can I get the exact past sale price?
The exact sale price is not publicly listed. You can request it directly via the provided email form on the listing page. The service is manual, with a promise of a reply by the end of the same day and no marketing spam.