Property Overview: 251 Linwood Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1945, presents a practical opportunity in the established Deer Lodge neighbourhood. With 1,013 sqft of living space and a renovated basement, it offers functional living on a standard 5,047 sqft lot. A detached garage adds utility. The home’s assessed value of $290k positions it below average for its street and area, suggesting a potentially accessible entry point into the market.
Its primary appeal lies in its straightforward, no-frills profile within a mature community. It suits first-time buyers or practical-minded investors looking for a solid, renovate-as-you-go property without the premium of a modern build or oversized lot. A thoughtful perspective is that its "below average" metrics for size and value on Linwood Street aren't necessarily drawbacks; they represent a realistic, lower-density alternative in a city where newer, larger homes command significant premiums. It’s a home for those who value location and lot over square footage, seeing potential in what’s already there rather than paying for finished perfection.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,013 sqft, the living area is below the average for similar homes on Linwood Street (~1,258 sqft) and citywide (~1,342 sqft). This indicates a more compact, efficient layout.
2. What does the assessed value tell me?
The $290k assessment is below the average for the immediate area and city. This typically reflects the home’s smaller size and older age, not necessarily its condition, and can influence property taxes and market listing price.
3. What is the significance of the renovated basement?
A renovated basement adds valuable finished living space, which is a significant asset in a home of this size, potentially increasing its functionality as a rec room, office, or additional bedroom area.
4. Who are the typical buyers in this area?
Deer Lodge often attracts buyers seeking established, quieter neighbourhoods with good access to parks, the Assiniboine River, and central Winnipeg amenities. It's popular with young families, downsizers, and value-oriented buyers.
5. Are there any obvious concerns with a home from 1945?
While the basement has been renovated, a home of this age will likely have older core components (like plumbing, electrical, or the roof) that require inspection. The charm of a character home comes with the responsibility of maintaining and updating these systems over time.