Property Overview
This one-and-a-half storey home on Duffield Street in Deer Lodge presents a classic Winnipeg character home with modern updates. Its key appeal lies in a renovated basement and a detached garage, offering both updated living space and practical storage or workshop potential. At 1,137 sqft, the living space is slightly more compact than some neighbors, but this is balanced by a property that holds a notably above-average assessed value for both the street and the Deer Lodge area, suggesting solid construction or desirable lot attributes. The 1940 build date places it among the older homes on the block, appealing to those who appreciate established neighborhoods and mature landscaping. The lot size, while below average for Duffield Street, is typical for the wider area. This home would suit a first-time buyer or downsizer looking for a manageable, updated property in a stable community without the maintenance of a large yard. It also holds potential for a buyer who values the flexibility of a detached garage more than sheer interior square footage.
Frequently Asked Questions
1. How does the home’s size compare to the area?
The living area is slightly below the average for Duffield Street itself but is around the typical size for both the Deer Lodge neighborhood and the city overall, making it a standard-sized home for the area.
2. The assessed value seems high for the home’s size and age. Why is that?
The assessed value ranks well above average for both the immediate street and the Deer Lodge area. This can be influenced by factors like the renovated basement, the condition of the home, the specific lot location, and recent market activity, indicating the property is considered a strong performer in its local market.
3. What does the sale history indicate?
The property sold in June 2022 for $43.70k and previously in July 2017 for $300k. The significant difference between these two most recent sales strongly suggests the 2022 transaction was not a standard, arms-length market sale (such as a transfer between family members). It is therefore not a reliable indicator of current market value.
4. Is the lot size a drawback?
At just under 5,600 sqft, the lot is smaller than most on Duffield Street but is very typical for Deer Lodge and city-wide. It provides a manageable yard space with less maintenance, which can be a positive for many buyers.
5. Who might this property not suit?
Buyers seeking a very large, modern floor plan or a brand-new home may find the 1940s layout and modest living area less ideal. Similarly, those prioritizing an exceptionally large private yard may prefer other lots on the street.