Property Overview: 203 Moorgate Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1928, presents a classic character home opportunity in the established Deer Lodge neighbourhood. Its key appeal lies in a combination of above-average living space and a generous, versatile lot. With 1,540 sqft of living area, the home ranks in the top 10% for size both on its street and within Deer Lodge, offering more room than many comparable properties. The lot, at just over 5,300 sqft, provides ample outdoor space and is complemented by the notable feature of both an attached and a detached garage—a significant asset for workshop space, vehicle storage, or hobbyists.
The property suits two primary types of buyers. First, it’s ideal for a hands-on buyer or renovator looking for a character home with solid fundamentals (like space and lot size) who is prepared to update the interior, including the unrenovated basement. Second, it appeals to value-conscious buyers seeking a larger-than-average home in a mature neighbourhood, who prioritize functional space like multiple garages and a big yard over modern finishes. A thoughtful perspective is that while the home is older (ranking in the bottom quartile for year built on its street), this is balanced by its proven longevity and the established, tree-lined setting of the area. Its assessed value is strong for the immediate area, suggesting it is viewed as a solid property within its local context.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as being unrenovated. This presents a blank canvas for future development but should be factored into renovation plans and budgets.
2. How does the home’s size compare to others?
Very favorably. With 1,540 sqft, this home is larger than approximately 90% of similar homes on Moorgate Street and within the Deer Lodge neighbourhood, offering more interior space than typical.
3. What is the significance of having two garages?
The combination of an attached and a detached garage is a substantial practical benefit. It offers flexibility for vehicle storage, a dedicated workshop, secure storage for tools or recreational equipment, or the potential to create a separate studio or workspace.
4. The home was built in 1928. Should I be concerned?
The age indicates a character home that will likely require ongoing maintenance or updates, as seen with the unrenovated basement. However, its age is consistent with the charm and established streetscape of Deer Lodge. A thorough inspection is always recommended to understand the condition of older mechanical systems, the roof, and the foundation.
5. How does the lot size compare?
At 5,393 sqft, the lot is very close to the average for the Deer Lodge area. It provides a great deal of usable outdoor space, which is a key feature for gardening, play, or entertaining, especially in a mature neighbourhood.