Property Summary: 744 Beverley Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 744 Beverley Street in Daniel McIntyre presents a compelling mix of modern convenience and established neighbourhood character. Its key appeal lies in being a notably recent build (2020) in an area dominated by century-old homes, offering move-in readiness with a renovated basement and freedom from major immediate repairs. With a living area of 923 sq ft, it is a compact and efficient layout, suited for individuals, couples, or small families seeking a low-maintenance footprint.
The property’s standout characteristic is its assessed value, which ranks in the top 3-5% locally, suggesting a strong and desirable investment within the immediate area. This creates an interesting dynamic: you are purchasing a modern, low-maintenance home but within the mature, tree-lined context of a central Winnipeg neighbourhood. It would suit first-time buyers looking for a turnkey property, downsizers wanting single-level living (with basement potential), or pragmatic investors attracted by its modern amenities and strong local valuation fundamentals. A thoughtful perspective is that this home offers a way to access a established community without the typical upkeep challenges of an older house, though the smaller interior and land size trade space for that modern ease.
Section 2: Frequently Asked Questions
1. Is the property tax bill exceptionally high because of the high assessed value?
Not necessarily. While the assessed value is elite for the street and neighbourhood, it remains modest in a city-wide context. Taxes are calculated using a mill rate applied to your assessment; compared to newer suburban homes with similar modern features but much higher city-wide assessments, the taxes here may be relatively favourable.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. A buyer should verify if it is a legal suite (which would have specific requirements) or a finished recreational/living space, and inquire about the quality of the renovation and any permits.
3. With no garage, what are the parking options?
The property has no garage. Parking is likely via a rear lane or on-street. It’s important to confirm the specifics of dedicated parking, if any, and review any city street parking regulations.
4. How does the smaller living area compare to nearby homes?
At 923 sq ft, the living area is below the average for both the street and neighbourhood. This reflects its efficient, modern design compared to the often larger, sprawling layouts of older homes. It emphasizes functional use of space over sheer size.
5. The home sold for $29.5k in 2021. Is the current assessed value accurate?
The 2021 sale price appears to be a data anomaly or may refer to a partial interest/transaction, not a typical market sale. The current assessed value of $29.40k is not directly comparable to recent full market sales in the area. For a true market value, consult recent sales of similar modernized or newer homes in central neighbourhoods.