581 Beaverbrook Street

Property Overview: 581 Beaverbrook Street, Winnipeg

Key Characteristics & Appeal

This home is a one-and-a-half storey house built in 1951, offering 1,216 square feet of living space on a 4,691 sqft lot. Its key features include a renovated basement and a detached garage. The appeal lies in its solid, no-fuss practicality. The living space is notably above average for its immediate street and neighborhood, meaning you get more interior room than many nearby homes without a drastic price premium, as reflected in its assessed value being in line with local averages. The renovated basement adds modern, functional space without the need for immediate projects.

It’s a home that suits value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize move-in readiness and space efficiency over new construction. It offers a sensible footprint in an established area. A less obvious perspective is that its "average" metrics across the board (value, land size, year built) are actually a strength; it represents a stable, known quantity in the market without the volatility or premium of outlier properties. It’s for someone who sees a home as a practical shelter and a financial foundation rather than a statement.

Frequently Asked Questions

1. How does the living space compare to other homes?
At 1,216 sqft, the living area ranks in the top 25% on its own street and top 29% in the J.B. Mitchell neighborhood, meaning it is genuinely larger than many comparable homes in the immediate area.

2. What is the significance of the assessed value?
The assessed value of $39,600 is around the average for the street, neighborhood, and city-wide for similar properties. This suggests the property is priced consistently with the market, not over- or under-valued based on municipal assessment.

3. What does the sold price history indicate?
The home sold in October 2020 for an estimated range of $33.5k to $36.5k. This provides a recent benchmark, but as with any historical data, current market conditions must be considered for today's value.

4. Is the 1951 build date a concern?
The year built is typical for the area. While it places the home below the neighborhood average for age, this is common for established communities. It underscores the importance of a thorough inspection to understand the condition of major aging components like the roof, wiring, and plumbing.

5. How can I get the exact historical sold price?
The exact sold price is not publicly listed. You can request it directly via email from the listing source, which provides this detail manually without using your email for unsolicited marketing.