Property Overview: 878 Beaverbrook Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and established neighbourhood character. Built in 1957, its 1,196 sqft of living area is notably above average for Beaverbrook Street and the wider Mathers area. The property stands out most significantly for its assessed value, which ranks in the top 9% on its street and the top 23% city-wide, suggesting a strong valuation foundation relative to its peers. The lot size of just over 5,000 sqft is generous for the immediate street, offering ample outdoor space.
Its appeal lies in this above-average positioning within a mature community. The sale history shows a substantial increase in value between 2020 and 2023, indicating positive market momentum. This isn't just a typical post-war home; the data suggests it's one of the more substantial and highly assessed properties on its block. It would suit practical buyers looking for a well-sized family home in a settled area, as well as value-conscious investors or homeowners who appreciate a property that metrics show outperforms many local comparables in key categories like assessed value and living space.
Frequently Asked Questions
What does the "top X%" ranking actually mean?
It shows how this property compares to similar homes in three areas: its immediate street, the broader Mathers neighbourhood, and all of Winnipeg. For example, its assessed value is in the top 9% on Beaverbrook Street, meaning it is valued higher than 91% of its closest neighbours.
The assessed value seems low compared to the recent sold price. Why?
Municipal assessed value for tax purposes often lags behind current market values and uses a different calculation method. The sold price range from 2023 reflects the actual market value at that time, which was significantly higher.
How does the lot size compare?
At 5,096 sqft, the lot is larger than most on Beaverbrook Street (top 25%) but is below the average lot size for the wider Mathers area. This indicates a spacious yard for the immediate location, though larger lots can be found elsewhere in the neighbourhood.
Is the 1957 build date a concern?
The year built (1957) is newer than most homes on its street (top 14%), meaning it's a relatively younger home in that specific context. However, any home of this age will require a thorough inspection for updates to major systems like roof, wiring, and plumbing.
How can I find out the exact past sold price?
The precise sale figures are not publicly listed. As noted, you can provide your email to the listing service to request the exact historical price, which they provide manually without using your email for marketing.