Property Overview: 600 Beverley Street, Winnipeg

Key Characteristics & Appeal

This two-storey home at 600 Beverley Street in Daniel McIntyre presents a compelling mix of modern convenience and established neighborhood character. Its key appeal lies in its relative newness; built in 2011, it is a notably modern property for the area, ranking in the top 2% for year built both on its street and in the neighborhood. This suggests a home likely requiring less immediate investment in major system updates compared to its century-old counterparts.

With 1,102 sqft of living space and a standard city lot, the property offers functional space without excessive maintenance. It features a detached garage and an unrenovated basement, presenting a blank canvas for future expansion. The home’s assessed value is strong for the immediate area, indicating it is viewed favorably within its local market context. This property would suit first-time buyers or practical downsizers seeking a move-in-ready home in a central Winnipeg community, who value newer construction but wish to be part of a mature, established streetscape. It offers a balance of modern living infrastructure within the fabric of a historic neighborhood.

Frequently Asked Questions

1. How does the 2011 build date impact this home compared to others in Daniel McIntyre?
It’s a significant advantage. Most homes in the area are much older, averaging from the early 1900s. A 2011 build typically means more modern wiring, plumbing, insulation, and building codes, which can translate to lower immediate repair costs and potentially better energy efficiency.

2. The assessed value seems high for the street but low citywide. What does this mean?
This is common for central, established neighborhoods. The assessment reflects the property’s high value relative to its immediate area, which is positive for equity. The lower citywide ranking simply reflects the much higher assessed values typically found in newer suburban developments or exclusive areas, and is not a negative indicator for this property's local market position.

3. Is the unrenovated basement a drawback?
Not necessarily. While it may not be a finished living space, it provides essential storage, utility access, and future potential. For a buyer with a vision or who prefers to customize over time, an unrenovated basement can be seen as an opportunity rather than a deficiency.

4. What is the significance of the lot size being "below average" citywide?
This is expected for a central, inner-city neighborhood. Larger lots are typically found in the suburbs. The lot size is standard for the area and offers manageable outdoor maintenance, which can be a plus for many buyers.

5. The home sold in February 2023. What can that sale price tell me?
The recent sale provides a concrete, real-world market value from just over a year ago, which is a more current data point than the assessed value for tax purposes. It establishes a clear benchmark for the property’s recent market price, useful for understanding current value trends.