Property Overview
This one-and-a-half storey home on Beaverbrook Street in Winnipeg's J.B. Mitchell neighbourhood presents a practical and well-sized living option. Its key appeal lies in offering above-average interior space for both the immediate street and the neighbourhood, featuring 1,279 sqft of living area and a renovated basement. The property includes a detached garage and sits on a standard city lot. While the home itself is spacious for the area, its assessed value is notably lower than neighbourhood averages, which may indicate different valuation factors or present an opportunity. Built in 1950, it is a mature home typical of the area. This combination suits first-time homebuyers or practical investors looking for move-in-ready space without a premium price tag, particularly those who value interior square footage over a larger yard.
Frequently Asked Questions
1. Is the lower assessed value a concern?
Not necessarily. It indicates the city's assessment is below the neighbourhood average, which could be due to various factors. It's important to distinguish between municipal assessment for taxation and current market value, which is determined by buyer demand.
2. What does "one-and-a-half storey" mean for this home?
This style typically features a main floor with principal rooms and a second floor under sloped roofs, often creating cozy bedrooms with character. It's a classic Winnipeg design that makes efficient use of space.
3. How does the lot size compare?
The land area is standard for Beaverbrook Street but below the average for the wider J.B. Mitchell neighbourhood. This suggests a more compact, low-maintenance yard, which could be a positive for those not wanting extensive outdoor upkeep.
4. The home is above average in size but below average in assessed value for J.B. Mitchell. Why?
This discrepancy can sometimes point to a property that offers good functional space (a renovated basement, practical layout) without premium finishes or features that drive up assessments, like extensive updates or a prime location within the neighbourhood.
5. What is the context of the "renovated basement"?
While noted as renovated, specifics on the quality, permits, and finish of the basement renovation are not provided here. This would be a key area for inspection and inquiry to understand its contribution to the living space.