Property Summary: 225 Sackville Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1940, situated on a notably generous lot for its street. With 709 sqft of living space, the house itself is smaller than most in Deer Lodge and Winnipeg overall, but it features a renovated basement, adding functional space. Its assessed value is positioned below area averages, suggesting a potentially accessible entry point into the established Deer Lodge neighbourhood.
The primary appeal lies in its balance of a lower price point within a mature community and the value of the land itself. The lot size (4,695 sqft) is well above average for Sackville Street, offering valuable outdoor space and future potential that smaller lots in the city cannot match. This property would suit first-time buyers or downsizers seeking a manageable home with a low-maintenance footprint, but who still desire a sizable yard. It’s also a candidate for value-conscious buyers interested in the long-term potential of the land relative to the structure.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 709 sqft above grade, the main floor is compact. The renovated basement provides crucial additional living area, making the total functional space more comfortable than the main floor square footage alone suggests.
2. How does the lot size impact value?
The lot is a key asset. It’s larger than most on the street and in the immediate area, which can provide more privacy, gardening space, and future options compared to tightly packed properties.
3. What does the "below average" assessed value indicate?
The below-average assessment primarily reflects the home’s smaller size and age compared to neighbourhood averages. It often translates to a more affordable purchase price and potentially lower property taxes, which is a practical advantage.
4. Who might this property not suit?
It may not suit those requiring substantial main-floor living space without using stairs, or buyers seeking a modern, move-in-ready home with an open-concept layout typical of newer builds.
5. What is the context of the 2020 sale price?
The property sold for $224,300 in July 2020. This historical data is a useful benchmark, but current market conditions, updates made since then, and the unique lot size will be the primary drivers of its present value.