Property Overview: 665 Beverley Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1907, presents a classic character property in Winnipeg's Daniel McIntyre neighbourhood. Its key appeal lies in a balanced, grounded profile. With 1,172 sqft of living space, it sits around the average for the area, offering a practical footprint for a small family, a couple, or an investor. A standout feature is its 3,034 sqft lot, which is notably larger than many neighbouring properties, providing valuable outdoor space and potential in a mature community.

The home suits buyers looking for an entry point into a central neighbourhood without a premium price tag, as reflected in its assessed value. Its unrenovated basement and older vintage mean it is ideally suited for a hands-on buyer who sees value in adding their own updates over time, or for an investor comfortable with managing a property with inherent character and history. The detached garage adds functional storage or workshop space. The appeal here isn't about luxury finishes, but about solid fundamentals: a generous lot, a practical layout, and a location where the property's value is rooted more in the land and location than in high-end interiors.

Section 2: Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings in the center of the house, with sloped ceilings or knee walls on the sides where the roof line descends. It offers more space and character than a bungalow but often with a cozier feel than a full two-storey.

2. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is not the market value. Its low figure relative to city-wide averages is typical for older, character homes in central neighbourhoods and reflects factors like the home's age and condition. The sale price from 2022 provides a more relevant recent market benchmark.

3. Is the larger lot a significant advantage?
Yes. In an established neighbourhood where lots are often subdivided, a plot over 3,000 sqft offers more privacy, yard space for gardening or recreation, and better potential for future additions or landscaping projects than many nearby properties.

4. What should I consider about the "unrenovated basement"?
This means the basement is in original or functional condition but not modernized. It provides essential utility space and storage but may have lower ceilings, older finishes, and require attention to insulation or moisture management. It represents both a cost consideration and an opportunity for future improvement.

5. How does the home's age (1907) affect ownership?
It grants charm and built-in character but comes with expectations. Original materials like plaster and lathe walls, older windows, and vintage electrical or plumbing systems may be present. A thorough inspection is crucial. The upside is the enduring quality of construction and the history of a well-established street.