Property Overview: 215 Woodlawn Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1949, sits on a standard-sized lot in Deer Lodge. With 1,377 sqft of living space, it offers more room than many similar homes in the neighbourhood, placing it comfortably above average for the area. A key feature is the existing, unrenovated basement, presenting a clear opportunity for future expansion or customization. The home includes a detached garage.
Its primary appeal lies in its position as a solid, well-sized canvas in a mature community. The living space is generous for the area, and the assessed value is notably below the street average, which can be attractive for buyers looking for potential value. This property would suit a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on renovator—who is comfortable with a home that may require updates but offers good foundational space and the chance to add value over time. A less obvious perspective is that its "around average" metrics across the board (like year built and land area) signal a stable, typical home for the street, free from extreme outliers that can complicate financing or insurance.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as existing but not renovated. It is a blank slate for future development, subject to local building codes.
2. How does this home compare to others on the street?
The home offers above-average living space for Woodlawn Street but has a below-average assessed value compared to its immediate neighbours. This discrepancy can sometimes indicate an opportunity for value appreciation.
3. What is the significance of the 2017 sale price?
The property sold for $250,000 in June 2017. This figure provides historical context, but the current market value will be determined by recent comparable sales, condition, and market dynamics.
4. What does the assessed value mean for my taxes?
The assessed value of $29,700 is used for municipal property tax calculation. It is not a market valuation. Your annual taxes would be based on this figure and the City's mill rate.
5. Is the lot size typical for Deer Lodge?
Yes. The land area of 5,274 sqft is very close to the average for both the Deer Lodge neighbourhood and the city overall, offering a standard urban yard size.