Property Overview: 236 Albany Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, offering a straightforward living space of 807 square feet on a 2,930 sqft lot. Its key characteristics are its modest scale and its position as one of the more historically established homes in the area. The basement exists but is not renovated, and the property does not include a garage or pool.
The primary appeal lies in its affordability and simplicity, reflected in a notably low municipal assessed value. It represents a lean, entry-level opportunity in the established Deer Lodge neighbourhood. This property would best suit a first-time buyer, an investor, or a downsizer seeking a minimal footprint with lower carrying costs. Its smaller size and lot offer manageable upkeep, while its age suggests a home for those comfortable with potential character and the projects that come with it. A thoughtful perspective is that its below-average metrics for the area might actually be an advantage for the right buyer, providing a chance to enter a stable community without a premium price tag, leaving room for personalization over time.
Section 2: Frequently Asked Questions
1. What does the low assessed value indicate?
The assessed value is significantly below averages for the street, neighbourhood, and city. This typically reflects the home's smaller size, age, and unrenovated state compared to other properties, which is a key factor in its accessible price point.
2. Is the basement usable?
The listing specifies the basement is "not renovated." It is present but should be considered unfinished or in original condition, likely suited for storage or mechanicals rather than living space without investment.
3. What is the parking situation?
The property has no garage. Parking would be dependent on driveway space (if any) or on-street permits, which should be verified with the city.
4. How does the home's size compare practically?
At 807 sqft, the living area is compact. It is around average for Albany Street but below average for Deer Lodge and Winnipeg overall. This indicates a efficient floor plan best for one or two people.
5. What can recent sale prices on the street tell us?
Nearby homes with similar assessed values have sold in the $16k-$17k range in recent years. This consistency suggests a stable, lower-value segment on this part of Albany Street, useful for understanding the market context for this property.