Property Summary: 757 Beverley Street, Winnipeg

Key Characteristics & Buyer Profile

This is a compact, early-1900s character home in Winnipeg's Daniel McIntyre neighbourhood. Its key appeal lies in being an affordable entry point into the housing market, particularly for a standalone house. The living space (913 sq ft) is modest, ranking below average for the area, suggesting a cozy, efficient layout rather than expansiveness. A notable positive is the renovated basement, adding functional living space. The lot is also smaller than most in the immediate vicinity.

The property suits first-time buyers or investors looking for a lower-priced asset with renovation potential. Its below-average assessed value for the city indicates a relatively low property tax burden, which is a practical financial advantage. A thoughtful perspective for the right buyer is appreciating the charm and simplicity of a smaller, historic home, which can mean lower utility costs and less maintenance than a larger, newer property. It’s a practical choice for those prioritizing location and ownership over size, with the renovated basement offering immediate utility.

Frequently Asked Questions

1. How does the property's size compare to nearby homes?
The house is notably compact, with a living area below the average for both Beverley Street and the wider Daniel McIntyre neighbourhood.

2. What is the likely property tax based on the assessed value?
With an assessed value significantly below the Winnipeg city average, the annual property taxes are expected to be comparatively low.

3. Has the home been updated recently?
The listing specifically notes a renovated basement, suggesting modernized living space below grade. The age of the main floor systems and finishes should be verified by a home inspection.

4. Is the small lot size a concern?
The land area is smaller than most on the street. This limits expansive outdoor space but typically reduces yard maintenance responsibilities.

5. What does the sale history indicate?
The home sold for $15.8k in 2017 and $9.5k in 2016. It is essential to consult with a real estate professional to understand the context of these historical prices versus the current market value.