Property Overview
This 1,337 sqft, two-and-a-half storey home on Mandeville Street in Deer Lodge presents a classic Winnipeg character home built in 1914. Its key appeal lies in a desirable combination of above-average assessed value for the immediate area and a recently renovated basement, suggesting solid foundational updates. The living space is practical and ranks well within the neighbourhood, offering more room than many Deer Lodge comparables. With no garage and a standard city lot, it fits the profile of a traditional, lower-maintenance inner-city property.
The home suits buyers looking for a character property without the largest footprint or yard, prioritizing location and value within a established community. It’s a strong candidate for someone who appreciates the architectural heritage of an older home but values the move-in readiness implied by a renovated basement. A thoughtful perspective is that its above-average assessment on the street and in Deer Lodge could indicate it has been well-maintained or updated in ways the market recognizes, yet its older vintage means future buyers should be comfortable with the ongoing care a century-old home requires.
Frequently Asked Questions
1. What does the "above average" assessed value actually mean?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in the Deer Lodge neighbourhood. This can sometimes reflect desirable updates or condition, but it's important to distinguish assessed value from market value, which is determined by buyers.
2. Are there any concerns with a home built in 1914?
While the renovated basement is a positive, a home of this age will have original components like wiring, plumbing, and the foundation that require careful inspection. Potential buyers should budget for maintenance consistent with a century-old structure.
3. What are the implications of having no garage?
This means all parking will be on-street. Buyers should confirm local parking regulations and consider their comfort with this arrangement, particularly during Winnipeg winters.
4. How does the living space compare to a modern home?
At 1,337 sqft, it offers a comfortable size for a smaller household, ranking better than average for Deer Lodge. The layout across two-and-a-half storeys in an older home may feel different from an open-concept modern build, so considering flow and room proportions is key.
5. The last sale was in 2022. Why might it be selling again so soon?
While the brief ownership period could raise questions, there are many neutral reasons for a quick resale, such as a job relocation, change in family circumstances, or a completed renovation project. This history is a valid topic for discussion with the selling agent.