Property Overview: 559 Beverley Street, Winnipeg
Key Characteristics & Appeal
This is a classic one-and-a-half storey home in the Daniel McIntyre neighbourhood, built in 1910. With 1,177 sqft of living space, it offers a comfortably sized layout that is very typical for its street and area, neither notably large nor small. A key feature is its renovated basement, adding functional living space. The property sits on a modest 2,304 sqft lot, which is smaller than most in Winnipeg but common for the central neighbourhood.
Its primary appeal lies in its established location and solid, average metrics for the immediate area. The assessed value of $180,000 positions it as an accessible entry point into the Winnipeg market, especially when compared to the much higher city-wide average. The home’s age (116 years) is actually above average for Beverley Street, suggesting it is among the more character-filled homes on the block. This property would best suit first-time buyers or practical investors looking for a straightforward, centrally located home without extreme premiums or major compromises. It’s a home that represents the median experience of its neighbourhood.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is below the city average, it is quite standard for the dense, central Daniel McIntyre area. This means lower outdoor maintenance but limited private yard space. The focus here is on the home and location, not the land.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, moisture control, and whether it includes a legal suite or additional bedrooms.
3. The home is over a century old. What should I consider?
Built in 1910, the home likely has classic charm but requires diligent inspection for aging components like the foundation, plumbing, electrical wiring, and insulation. Its older age compared to neighbours could mean more original character or more immediate updates.
4. How does the assessed value relate to the likely selling price?
The $180,000 assessment is a municipal valuation for tax purposes. The last known sale was in 2019 for $165,000. The current market price will be influenced by recent comparable sales, condition, and market trends, not solely the assessed value.
5. What is the neighbourhood like?
Daniel McIntyre is a mature, central Winnipeg neighbourhood. The proximity to nearby properties on Beverley Street (as close as 8 meters) indicates a typical, closely built streetscape for the area, offering community feel with less privacy.