Property Overview: 588 Beaverbrook Street

Key Characteristics & Appeal

This one-and-a-half storey home on Beaverbrook Street is a practical and well-positioned property in Winnipeg's J.B. Mitchell neighbourhood. Built in 1950, its 1,072 sqft living area and 4,385 sqft lot are both very typical for the immediate street and city overall, representing a solid, average-sized family home. The key financial standout is its assessed value, which ranks notably above average for both the street and the area, suggesting the property is viewed favorably relative to its peers. Features include a renovated basement and a detached garage.

The appeal lies in its established, stable setting. It’s a home that doesn’t stand out for extreme size or newness, but for being a competent and financially sound option in a mature neighbourhood. It would suit first-time buyers or downsizers looking for a manageable, no-surprises property in a long-standing community, as well as value-oriented investors who note its strong assessment ranking compared to nearby homes. A thoughtful perspective is that while the home itself is average in scale, its above-average assessment could indicate unseen quality updates, a desirable lot layout, or simply a sustained demand for well-maintained homes on this specific street.

Frequently Asked Questions

1. What does the "above average" assessed value actually mean?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in the J.B. Mitchell area. This can reflect recent renovations, superior condition, or a premium lot. It's a positive indicator of the property's relative worth but is not a direct market price.

2. Is the living space sufficient for a growing family?
At 1,072 sqft, it is slightly below the city-wide average. It provides standard main-floor living with additional space in the half-storey and renovated basement. It's best suited for small to medium-sized families or those comfortable with efficient use of space.

3. How does the 1950 build year affect the home?
As a home from this era, expect classic construction and layout. The ranking shows it's an average-age home for the street but older than many in the wider area. This underscores the importance of a thorough inspection for aging components like plumbing, wiring, and the roof, though the renovated basement is a positive update.

4. What is the significance of the detached garage?
A detached garage offers valuable storage and parking space separate from the house. It can be a plus for workshop enthusiasts or those wanting to avoid garage fumes and noise in the home. However, it may be less convenient during Winnipeg winters compared to an attached garage.

5. Where can I find the exact historical sale price?
The listed sale price from 2017 is a public range. To obtain the precise, verified sale price from that transaction, you must request it via email through the SaveOnHouse website. They provide this data manually and do not use requests for unsolicited marketing.