Property Overview: 647 Beaverbrook Street, Winnipeg
Key Characteristics & Appeal
This one-storey home on Beaverbrook Street in the J.B. Mitchell neighbourhood is a practical and well-positioned property. Built in 1955, its 1,093 sqft living area is very typical for the immediate street and area, offering a comfortable footprint without being oversized. A key feature is the renovated basement, adding valuable finished space. The property includes a detached garage and sits on a 4,485 sqft lot, which is standard for the street but slightly smaller than the average lot in J.B. Mitchell.
The primary appeal lies in its strong value proposition within its local context. The home’s assessed value ranks notably above average for both Beaverbrook Street and the J.B. Mitchell area, suggesting it is viewed favorably relative to its peers in terms of valuation. This, combined with the renovated basement, indicates updates that have been recognized in its assessment. The home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a sensible fit for value-conscious buyers who appreciate a home that stands above its immediate neighbours in assessed worth, potentially reflecting good condition or desirable improvements.
Frequently Asked Questions
1. What does the "above average" assessed value ranking actually mean?
It means that, compared to similar homes on Beaverbrook Street and in the J.B. Mitchell area, this property’s official assessed value is higher than most. This often reflects factors like renovations (such as the basement), overall condition, or specific features that add value relative to other homes in the vicinity.
2. Is the lot size a disadvantage?
The lot is perfectly average for Beaverbrook Street itself. It is smaller than the broader neighbourhood average, which may mean less backyard space than some other homes in J.B. Mitchell, but it is not an outlier on its own street.
3. What can the 2017 sale price range tell me?
The sale price range from 2017 provides a historical benchmark, showing what the home was worth under past market conditions. It is essential for understanding price growth, but the current value will be driven by today’s market and the property’s updated condition.
4. Who might this home not suit?
Buyers seeking a very large lot within J.B. Mitchell, or those wanting a home with significantly more interior space than the neighbourhood average, might find better options elsewhere. It is a home that fits comfortably within the scale of its immediate surroundings.
5. How do I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail here. You can request the precise history by emailing the listing source; they provide this data manually without using your email for unsolicited marketing.