Property Overview: 251 Duffield Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1930, sits on a standard-sized lot in Deer Lodge. Its primary appeal lies in a combination of above-average investment and a renovated basement. With 1,364 sqft of living space, the home is practically sized for the area. The standout feature is its assessed value, which ranks in the top 5% of Deer Lodge and the top 8% on its own street, suggesting a perception of quality or desirability that outpaces many direct neighbors. This is complemented by a recently renovated basement, adding modern, functional space.
The property suits two main types of buyers: those looking for a solid, value-holding home in a established neighborhood, and practical buyers who appreciate move-in-ready updates (like the basement) without needing a full renovation. It’s a thoughtful choice for someone who values a home that has already been assessed favorably compared to its peers, potentially indicating good long-term value retention. The detached garage adds utility for storage or hobbies.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the city’s property assessment for this home is higher than 95% of comparable properties in Deer Lodge. This often reflects factors like lot location, home condition, or improvements, but it’s important to distinguish assessed value for taxes from current market value.
2. Is the older year (1930) a concern?
While the home is older than most on the street, the renovated basement shows some systems have been updated. A thorough inspection is recommended to understand the condition of the original structure, roof, wiring, and plumbing.
3. How does the living space compare for the neighborhood?
At 1,364 sqft, it’s above the average for both Deer Lodge and the immediate street, offering more interior space than many nearby homes without being overly large.
4. Has the property value increased?
Yes. Comparing the last three sales, the price has risen from $38.2k in 2019 to $45.3k in early 2025, indicating positive price momentum.
5. What is the lot like?
At just under 5,600 sqft, the land area is slightly below average for Duffield Street but typical for the wider Deer Lodge area. It provides standard backyard space for a mature neighborhood.