Property Overview & Key Characteristics
This home at 946 Beaverbrook Street in Winnipeg's Mathers neighbourhood presents a compelling mix of established character and relative value. Built in 1958, the 1,156 sqft house sits on a 4,891 sqft lot. Its primary appeal lies in its strong standing within its immediate area. While the living space is typical for the street, the property distinguishes itself with an assessed value that ranks in the top 9% of Beaverbrook Street, suggesting it may be in better condition or have more desirable features than many neighbours. The lot size is also above average for the street, offering good outdoor space for the area.
The home would suit a practical buyer looking for a solid, established property in a mature neighbourhood. It's ideal for someone who values a sense of community on a street with similar homes and appreciates a property that appears to be a strong performer in terms of value retention within its micro-market. It may also appeal to those interested in a home with renovation potential, given its age and the opportunity to modernize while building on a well-regarded foundation.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value of $47,700 is notably above the average for both Beaverbrook Street and the wider Mathers neighbourhood, ranking in the top 9% and 20% respectively. This indicates it is likely assessed higher due to factors like condition, updates, or specific features compared to nearby homes.
2. Is the lot size a pro or a con?
It depends on your priority. The lot is above average for Beaverbrook Street, which is a positive for outdoor space in that specific location. However, it is below the average lot size for the broader Mathers neighbourhood, so it may feel smaller than some other area properties.
3. What might the sold price history indicate?
The home sold twice in recent years (2019 and 2024) within the same price range ($400k-$450k). This could suggest a stable market value in that period, but it's important to investigate the reasons for the relatively quick resale and request the exact sold prices for clarity.
4. The home was built in 1958. What should I consider?
While the build year is newer than many on its street, a 68-year-old home will likely have aging components. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, and to budget for any necessary updates or maintenance.
5. How does the living space compare?
At 1,156 sqft, the living area is very close to the average for both the street and the neighbourhood. This suggests the home offers a typical amount of space for the area, neither exceptionally large nor small, and floor plan efficiency will be a key factor in how it feels.