Property Overview & Key Characteristics
This two-storey home at 258 Albany Street in Deer Lodge presents a practical and well-positioned opportunity. Its key appeal lies in offering above-average space and a more modern build for its immediate area, all at a municipal assessed value that suggests solid inherent worth. With 1,108 sqft of living space, it is notably larger than many comparable homes on Albany Street. Built in 1985, it is a significantly newer property than most in the Deer Lodge neighbourhood, which can mean fewer concerns about outdated major systems. The renovated basement adds functional living space. While the lot is slightly smaller than the neighbourhood average, it remains a good size and requires less maintenance.
The property would suit first-time buyers or downsizers looking for a move-in-ready home without the premium of a brand-new build. It also appeals to value-conscious buyers who recognize the advantage of a newer structure in an established, mature neighbourhood. A thoughtful perspective is that this home offers a balance—it provides the character and stability of Deer Lodge without some of the aging-infrastructure challenges that can come with the area's much older housing stock.
Frequently Asked Questions
1. How does the 1985 build year compare to the rest of the neighbourhood?
It's a standout feature. This home is considered "Elite" for its year built in Deer Lodge, ranking in the top 4%. Most comparable homes in the area average a build year of 1943, making this property over four decades newer.
2. What does the above-average assessed value indicate?
The assessed value of $35,800 is above average for both the street and the wider Deer Lodge area (top 13-14%). This typically reflects the municipality's view of its relative worth based on size, condition, and improvements compared to nearby properties, though market sale price can vary.
3. Is the living space a good size?
Yes. At 1,108 sqft, the living area ranks in the top 29% on its own street and is above the average for similar Deer Lodge homes. It offers more interior space than many direct comparisons.
4. What are the garage and parking arrangements?
The listing specifies there is no garage. Prospective buyers should inquire about on-site parking options, such as a driveway or pad, and any relevant street parking permits.
5. How have previous sale prices performed?
The home sold previously in 2017 for $310,000 and in 2020 for $333,400. This historical data shows appreciating value over that period and can provide a benchmark, though current market conditions will determine the present listing price.