Property Overview: 279 Woodlawn Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Deer Lodge is a practical, no-frills property built in 1918. Its key appeal lies in its affordability and manageable scale, positioned well below area averages for both living space (941 sqft) and assessed value. The home sits on a modest, city-average lot of just under 5,000 sqft and features a detached garage and a renovated basement.
The property suits first-time buyers, downsizers, or investors seeking an entry point into the established Deer Lodge neighbourhood without a premium price tag. Its below-average metrics suggest a value-conscious purchase, potentially offering room for future updates tailored to an owner's specific needs. A thoughtful perspective is that a smaller, older home like this can represent a lower-carbon footprint lifestyle and more manageable upkeep, appealing to those prioritizing financial and practical simplicity over size. The recent basement renovation also indicates some modernized utility.
Section 2: Frequently Asked Questions
1. Is this a small house for the area?
Yes. At 941 sqft of living area, it is notably smaller than most comparable homes on its street, in Deer Lodge, and across Winnipeg.
2. What does the "below average" assessed value indicate?
The assessed value of $28,900 is lower than typical homes in its peer groups. This generally reflects the home's smaller size, age, and characteristics relative to others, which is a primary driver of its accessible price point.
3. How old is the home, and what should I consider?
Built in 1918, it is older than most area homes. Buyers should prioritize a thorough inspection to understand the condition of its original structure and systems, while also appreciating the character of a century-old property.
4. What are the potential upsides of the lot size?
While below average for the street, the nearly 4,800 sqft lot is close to the city-wide average. It provides a decent outdoor space for a smaller home and may offer potential for expansion or landscaping, subject to local zoning.
5. The home sold recently in 2020. What does that tell us?
It sold for $23,300 in August 2020. This recent transaction provides a clear, concrete benchmark for market value just a few years ago, which can be a useful reference point for understanding current price trends.