Property Overview
This 1920s two-and-a-half storey home in Deer Lodge offers a distinct blend of classic character and practical space. Its primary appeal lies in its generous 1,914 sqft living area, which ranks within the top 5% of homes on its street and the top 3% within the neighbourhood, providing significantly more interior room than typical local comparables. The home sits on a standard city lot and features a renovated basement. A key, less obvious perspective is its value proposition: while the living space is elite for the area, its assessed value is around the neighbourhood average, suggesting you get more square footage per dollar here than in many nearby properties. This home would suit a buyer looking for the spaciousness of a larger home without the premium price tag of a modern build, and who appreciates the established charm of a century-old neighbourhood. It’s ideal for those who prioritize interior space over a large yard or a garage, and for whom a renovated basement adds immediate functional value.
Frequently Asked Questions
Is this a good value for the neighbourhood?
Based on the data, yes. The home’s living area is in the top tier for Deer Lodge, while its assessed value is just above the neighbourhood average. This indicates a favourable ratio of space to cost compared to many peers.
What are the implications of the 1920 build year?
The year built is older than most homes on the street and in the city. Buyers should budget for maintenance consistent with a century-old home, such as potential updates to wiring or plumbing, but can also expect the solid construction and character details of that era.
How does the lot size compare?
The land area is fairly typical for Deer Lodge, ranking around the neighbourhood average. It provides a standard urban yard but is not an exceptionally large lot, focusing the property’s advantage on interior space.
The basement is noted as renovated. What does that typically mean?
While specifics require inspection, a "renovated basement" in a home of this age often means it has been modernized for livable space, possibly including finished areas, updated flooring, and improved moisture control, adding valuable functional square footage.
Why is the assessed value different from the last sale price?
The home sold in late 2022. The current assessed value is used for municipal tax purposes and reflects the city’s valuation, which can differ from market-driven sale prices due to assessment timing, methodology, and market changes since the last sale.