Property Overview: 763 Beverley Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1909, offers a classic character footprint in the Daniel McIntyre neighbourhood. With 1,346 sqft of living space, it sits on a 3,029 sqft lot. The home presents a solid, unrenovated canvas with a basement and no garage. Its primary appeal lies in its strong positional value within its immediate context: it ranks above average for both living area and assessed value compared to similar homes on Beverley Street and in the Daniel McIntyre area. This suggests a property that is well-sized and valued within its established community, even if it appears more modest in city-wide comparisons.
The home would suit a practical buyer looking for character-home proportions in a central neighbourhood, who is prepared for a project. It’s ideal for someone who values space and location over modern finishes, seeing potential in a home that already stands out positively among its direct peers. A thoughtful perspective is that its above-average rankings on its own street indicate a property that has historically been a solid performer in its micro-market, offering a degree of stability and established desirability in that specific locale.
Frequently Asked Questions
1. What does "above average for the street" actually mean for this home?
It means that compared to other similar properties on Beverley Street, this home has more living space and a higher assessed value than most. It's a stronger performer in its immediate setting than it might appear from city-wide data.
2. Is the basement finished?
No. The listing specifies the basement exists but is "not renovated," indicating it is likely in original or utility condition.
3. Why is the city-wide assessed value ranking so much lower?
The assessed value is comparative. This home's value is very strong for its neighbourhood and street, but when compared to all property types across the entire city (including newer suburbs and luxury homes), it falls into a lower percentile. This highlights its affordability and character within an inner-city context.
4. What are the implications of the home's age (1909)?
Built 117 years ago, the home will have classic character and construction, but prospective buyers should budget for and anticipate the maintenance and system updates typical of a century-old house. Its age is average for the street.
5. Where does the recent sale history indicate the market for this home?
It last sold in January 2022 for $210,000, a price that ranked in the top 26% for the street at that time. This reinforces the pattern of it being a premium property within its specific local market, even at a higher price point.