Property Summary: 521 Beverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1909, offers a blend of historic charm and practical updates, notably in its renovated basement. With 1,365 sqft of living space, it provides above-average roominess for both its immediate street and the Daniel McIntyre neighbourhood. Its appeal lies in its positioning within a well-established, central community, offering more interior space than many local comparables. The lot, while smaller than area averages, is typical for the urban core and requires less maintenance.
This property would suit first-time buyers or downsizers seeking character in a mature neighbourhood without a major renovation project. It’s also a practical fit for investors or owner-occupants looking for a home with a modernized basement, potentially for a rental suite or extended family space. A thoughtful perspective: while its city-wide assessed value is modest, its strong ranking within the local context suggests it is a competitively valued asset within its specific, in-demand neighbourhood, rather than the broader metro area.
Section 2: Frequently Asked Questions
1. How does the home’s size compare locally?
At 1,365 sqft, the living area is above average for both Beverley Street and the wider Daniel McIntyre neighbourhood, placing it in the top 19% of comparable homes in both categories.
2. What does the assessed value indicate?
The assessed value of $20,500 is above average for the street and around average for the neighbourhood. It’s important to note that assessed value for property tax purposes is different from market value; recent nearby sale prices should be reviewed for a current market perspective.
3. Is the lot size a limitation?
The 2,268 sqft lot is smaller than area averages. This means lower yard maintenance but also less private outdoor space. It is a standard lot size for central, character-home neighbourhoods.
4. What are the implications of the home’s age?
Built in 1909, the home shares a similar vintage with many in the area. This age brings character but also means potential attention should be paid to the condition of original components like windows, wiring, and plumbing, despite the basement renovation.
5. How does this property fit within the city context?
The metrics show a home that is competitively sized and valued within its immediate community. Its city-wide rankings are less relevant, as this property is best evaluated as part of the central, established Daniel McIntyre neighbourhood rather than compared to suburban or newer city areas.