Property Overview: 216 Moorgate Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1940, presents a classic and practical offering in the established Deer Lodge neighbourhood. With 1,164 sqft of living space and a renovated basement, it provides functional living areas. A key feature is its generous 5,587 sqft lot, which is notably larger than many city-wide averages and offers significant outdoor space for a property of this vintage. The home includes a detached garage.
Its appeal lies in its position as a solid, average-sized home within a mature community. The data suggests it is not an outlier in terms of size or assessed value for its immediate area, indicating a property that fits comfortably within the neighbourhood’s character. The lot size is a standout, offering potential for gardening, expansion, or simply more private outdoor living than newer subdivisions typically provide. It last sold in August 2022 for $340,000.
This property would suit a buyer looking for a grounded, no-fuss home in a long-established area. It’s ideal for someone who values a larger yard over a brand-new build and is comfortable with the character and potential maintenance considerations of an older home. It represents an entry point into a stable neighbourhood without the premium of a recently renovated or expanded property.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Deer Lodge?
The home is consistently around the neighbourhood average for living space and assessed value. Its lot size is typical for Deer Lodge but is larger than the city-wide average, which is a point of distinction.
2. What does the "renovated basement" entail?
The listing notes a renovated basement, but specifics on the finish, ceiling height, permits, or the year of renovation are not provided. This would be a key point for a buyer to investigate to understand the quality and legality of the work.
3. Is the assessed value a good indicator of the likely sale price?
Not directly. The municipal assessed value for this home is significantly lower than its last sale price of $340,000 in 2022. Market conditions, recent upgrades, and buyer demand are stronger determinants of sale price.
4. What are the considerations with a home built in 1940?
While offering charm and solid construction, a home of this age may have original plumbing, electrical, or insulation systems that could require updating. A thorough inspection is essential to understand the condition of these core components.
5. What is the potential of the large lot?
The lot is a major asset. Beyond gardening and recreation, it may offer future potential for additions like a deck, shed, or even a garage expansion, subject to local zoning bylaws and permit approvals. This flexibility can be a long-term advantage.