Property score
50.5
Fair
Overall 50.5 · Smaller and older than most nearby homes
830 sqft (bottom 9%) · Built in 1923 (31 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, 1 school, 2 healthcare facilitys, and 1 shop nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
31 yrs older than neighborhood avg.
Mother tongue
English · 62%Punjabi · 4%
Past 10 years J. B. Mitchell sales snapshot (~80% of all data)
123
375k
$469/sqft
1954
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
50.5 is composed by the two sections below.
Property Score
Community Score
J. B. Mitchell
How to read: Share of sales in each ~$50k price band for “j. b. mitchell” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110371
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
562 Beaverbrook Street — 13 amenities found within 500 m, across 7 categories, including 4 dining (nearest 175 m), 1 education (nearest 363 m), 2 healthcare (nearest 225 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 562 Beaverbrook Street
Key Characteristics & Appeal
This is a compact, one-storey home built in 1923, offering 830 square feet of living space on a 4,079 sqft lot in Winnipeg's J.B. Mitchell neighbourhood. Its key characteristics are defined by its modest scale and value position. The home has a basement, but it is not renovated, and there is no garage or pool.
The primary appeal lies in its affordability and potential as a straightforward entry point into the housing market. With a notably low assessed value and a history of sold prices in a very accessible range, it represents one of the most budget-conscious options in the city. This isn't a move-in-ready showcase; its appeal is for a buyer who sees value in the fundamentals—a solid lot, a basic structure, and a price that allows room for gradual improvement or simply low ongoing costs.
It would best suit first-time buyers, investors looking for a rental property with a low entry cost, or downsizers seeking minimal maintenance and property taxes. A thoughtful perspective is that its older age and smaller size, while less modern, can translate to simpler systems and lower utility expenses compared to larger, newer homes. Its below-average rankings in size and value across the street, area, and city aren't drawbacks for the right buyer—they are the defining features that make ownership achievable.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's smaller size, older age, and lack of renovations compared to the broader Winnipeg market. It is characteristic of the most affordable tier of housing stock in the city.
2. What does "below average — Top 91%" for Living Area mean?
This means the home's square footage is in the bottom 9% for its immediate area (rank 321 out of 352 comparable homes). It's a concise way of stating that this is a notably smaller-than-average home for J.B. Mitchell.
3. Is the basement finished or usable for living space?
No. The listing specifies the basement exists but is "not renovated." It should be considered unfinished utility space.
4. How recent is the sold price history shown?
The last recorded sale was in March 2017. For the exact sale price, you must request it via the provided email service, as the public data shows a range.
5. What are the realistic expectations for a home like this?
Buyers should anticipate a property that fulfills basic shelter needs affordably. It is likely a candidate for updates over time. The trade-off for the low cost is less modern convenience and space, positioning it as a practical financial decision rather than a lifestyle purchase.
