554 Beaverbrook Street

J. B. Mitchell, ਵਿਨੀਪਿਗ

Property score

60.9

Fair

Overall 60.9 · Older than most nearby homes

1,052 sqft (bottom 44%) · Built in 1951 (3 yrs older than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

6% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 62%Punjabi · 4%

Past 10 years J. B. Mitchell sales snapshot (~80% of all data)

Sold Count

123

Median price

375k

$/sqft

$469/sqft

Avg build year

1954

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Property score

60.9 is composed by the two sections below.

Property Score

53.0Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ52
1,052 sqftFair
ਤਰੀਕ ਤੋਂ ਬਣਿਆ36
1951Low
ਜ਼ਮੀਨ67
5,099 sqftGood
Neighbourhood Sales Activity90
Excellent

Community Score

72.8Good
Household Income74
Good
Education Level91
Excellent
Housing Stress30
Low
Core Housing Need50
Fair
Employment Health96
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

J. B. Mitchell

How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110371

Community deep dive

$73K

Median household income

$75K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

37%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)650
Labour force participation rate80%
Median age29.8
Avg household size2.2
Unemployment rate3%
Population density7222 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households37%
Couple families with children18%
Median household income (2020)$73K

Housing

Renter households79%
Condominium dwellings3%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)24%
Visible minority40%
Bachelor's or higher (25–64)56%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Punjabi · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ
1,052 sqft
0255075100
Same streetਹੇਠਲੇ 41%Same areaਹੇਠਲੇ 44%Citywideਹੇਠਲੇ 34%
Same street · Beaverbrook Street
#208 / 352
ਹੇਠਲੇ 41% · ਔਸਤ 1,140 sqft
Same area · J. B. Mitchell
#172 / 307
ਹੇਠਲੇ 44% · ਔਸਤ 1,121 sqft
Citywide · ਵਿਨੀਪਿਗ
#129,083 / 194,458
ਹੇਠਲੇ 34% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
434k
0255075100
Same streetਟਾਪ 16%Same areaਟਾਪ 23%Citywideਟਾਪ 31%
Same street · Beaverbrook Street
#58 / 352
ਟਾਪ 16% · ਔਸਤ 392.3k
Same area · J. B. Mitchell
#70 / 307
ਟਾਪ 23% · ਔਸਤ 403.5k
Citywide · ਵਿਨੀਪਿਗ
#60,733 / 194,458
ਟਾਪ 31% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1951
0255075100
Same streetਟਾਪ 50%Same areaਹੇਠਲੇ 15%Citywideਹੇਠਲੇ 29%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
5,099 sqft
0255075100
Same streetਟਾਪ 19%Same areaਹੇਠਲੇ 44%Citywideਹੇਠਲੇ 48%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

554 Beaverbrook Street — 15 amenities found within 500 m, across 8 categories, including 4 dining (nearest 166 m), 2 education (nearest 389 m), 2 healthcare (nearest 206 m).

Search radius
🍽️Dining4
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks3
💪Sports1
🏦Finance1
Worship1

Crime & Safety

J. B. Mitchell · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-98%

vs. prior year

Primary type

Property

67%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

5/2021 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 23%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 34%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 37%
8/2017 ਵਿਚ ਵਿਕਿਆCA$350k–400k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 32%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 45%

ਪੂਰਾ ਸ਼ਹਿਰ

ਟਾਪ 42%

Related homes

ਵਿਨੀਪਿਗ 554 Beaverbrook Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 554 Beaverbrook Street

Key Characteristics & Appeal

This one-storey home in Winnipeg's J.B. Mitchell neighbourhood presents a practical and value-oriented opportunity. Built in 1951, its 1,052 sqft living area is typical for the street, but the property stands out for its above-average assessed value relative to immediate neighbours, suggesting positive updates or inherent desirability. A key feature is the renovated basement, adding functional living space. The lot is a significant asset, at 5,099 sqft it is larger than many on the block, offering ample outdoor potential. The home includes a detached garage.

Its appeal lies in its solid positioning within a well-established area. The data indicates it has historically sold at prices above the local average, pointing to steady value. It suits first-time buyers seeking a manageable, updated starter home, or practical downsizers looking for a single-level layout with a low-maintenance footprint. The generous lot also appeals to those envisioning future expansions, gardens, or simply valuing extra private space in the city.


Frequently Asked Questions

1. What does the "above average" assessed value actually mean?
It means the municipal assessment for this home is higher than most comparable properties on its street and in the neighbourhood. This often reflects renovations (like the basement update), desirable lot characteristics, or market recognition of the specific location.

2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes, especially if considering rental income potential.

3. How does the lot size compare practically?
At over 5,000 sqft, the lot is notably larger than the average for J.B. Mitchell. This provides more yard space than many surrounding properties, which is a less obvious but valuable perk for privacy, recreation, or future projects like a shed or expanded deck.

4. What is the context of the past sale prices?
The home sold in 2017 and again in 2021, each time at a price point ranking in the top 23-45% for the area. This trend suggests it has consistently been perceived as offering good value relative to its peers, rather than being undervalued.

5. What are the considerations for a 1951-built home?
While the core systems may have been updated over time, a home of this age warrants standard inspections for its roof, foundation, plumbing, and wiring. The renovated basement is a plus, but the inspection should ensure the work was done to a good standard.