Property Overview
This one-storey home at 233 Albany Street in Deer Lodge presents a practical and well-positioned opportunity. Its key appeal lies in a combination of above-average land size for the immediate area and a recently renovated basement, offering flexible living space. With 1,068 sqft of living area, the house itself is modest but efficiently sized. The detached garage and a lot measuring nearly 5,000 sqft provide valuable outdoor utility and potential. Built in 1958, it is a newer construction compared to many homes in the historic Deer Lodge neighbourhood. The home last sold in early 2021.
This property would suit first-time buyers looking for a solid starter home with a move-in-ready basement, or downsizers seeking single-level living with low-maintenance outdoor space. Its above-average assessed value for the street suggests it may have been updated or is perceived as a premium property on the block. A buyer here is likely valuing a quiet, established neighbourhood with the practicality of a larger lot over a brand-new or overly spacious interior.
Frequently Asked Questions
1. How does the property compare in size to its neighbours?
The living area is modest but ranks in the top third on Albany Street itself. The true standout is the land area, which is in the top 20% on the street, offering a larger-than-typical lot for the immediate area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on finishes, layout, or permits should be verified by a buyer's inspection and by asking the selling agent for precise specifications.
3. Is the assessed value a reliable indicator of the likely sale price?
Not directly. The assessed value for taxation purposes is $34,400, but the home last sold for $310,000 in 2021. Market conditions, updates, and demand will determine the current price.
4. What is the neighbourhood like?
Deer Lodge is an established, quiet neighbourhood with older homes. The data shows homes here are typically older (many from the 1940s), making this 1958-built home relatively newer in context.
5. What are the less obvious points to consider?
Consider that while the house is "around average" in size city-wide, the lot size is also "around average" city-wide, meaning you get a balanced proportion without excessive yard maintenance. Also, its above-average assessed value on the street could influence future property tax calculations relative to neighbours.