Property Overview: 778 Beaverbrook Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Beaverbrook Street in Mathers presents a compelling mix of space, value, and potential. Its most standout feature is the generous 6,119 sqft lot, which ranks in the top 1% for size on its street. This offers rare potential for expansion, gardening, or outdoor living in the neighbourhood. The house itself, built in 1956, is newer than many on the street and offers a comfortable 1,100 sqft of living space.
The appeal lies in its strong value proposition. The property’s assessed value sits well above average for the immediate area, suggesting a solid foundation of investment. Recent sold price data indicates significant appreciation between 2020 and 2021. This combination of a premier-sized lot, a reasonably updated home (relative to the street), and a strong value trajectory makes it a unique find.
This property would ideally suit a buyer looking for a home with clear upside, whether that’s in the land itself or through future updates. It’s for someone who sees the value in a larger, private yard in a mature neighbourhood and is comfortable with a home that may benefit from personalization. It could be a strategic purchase for a long-term homeowner or an investor-builder attracted by the lot's potential.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is exceptionally large for Beaverbrook Street, placing it in the top 1% locally. It is also above average compared to lots citywide, offering more outdoor space than most comparable homes.
2. What does the assessed value ranking indicate?
The assessed value is in the top 14% on its street and top 30% in the Mathers area, meaning it is officially valued higher than most nearby properties. This often reflects desirable characteristics, recent improvements, or market confidence in the location.
3. Is the living space smaller than average?
At 1,100 sqft, the living area is slightly below the average for Mathers but is close to the typical size found on Beaverbrook Street itself. The trade-off is the significantly larger lot.
4. What can the sold history tell us?
The home sold for between $450k-$500k in 2021, a notable increase from its $300k-$350k range in 2020. This suggests a period of rapid value increase, though for the most precise historical pricing, you can request the exact sold price data via email.
5. How does the age of the home compare?
Built in 1956, it is newer than the average home on Beaverbrook Street. However, within the wider Mathers area, it is older than many properties. This suggests a street with older homes where this property is one of the more recent builds.