Property Overview: 281 Guildford Street, Deer Lodge, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home in Deer Lodge presents a practical opportunity in a mature neighbourhood. Built in 1950, it is notably newer than many homes on its street and in the immediate area, which can be an advantage for systems and structure. With 1,213 sqft of living space and a renovated basement, it offers functional space that is competitively sized for the community. The lot is a standard city size, providing typical outdoor space without extensive maintenance demands.
The appeal here is grounded in value and location. The home’s assessed value positions it as an accessible entry point into a stable neighbourhood. It suits first-time buyers seeking a solid starter home, or practical investors looking for a manageable rental property. A thoughtful perspective is that its "average" metrics across the board—neither the largest nor the most expensive on the block—suggest a lower-risk, community-aligned purchase without the premium for standout features. It’s a home for those who prioritize neighbourhood character and fundamental livability over luxury or size.
Frequently Asked Questions
1. How does the home’s age affect potential renovations?
While built in 1950, it is newer than many neighbouring homes. This could mean some building materials and systems are relatively younger, but any major updates should still be evaluated by a professional inspection, as standards and components have evolved over the decades.
2. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
3. What is the parking situation without a garage?
The property has no garage. Parking would be via driveway or on-street. It’s advisable to observe parking availability on the street during different times to assess convenience.
4. How do the rankings and metrics compare to the last sale price?
The home last sold in June 2017 for $267,000. Its current assessed value is $317,000. This difference highlights market changes and assessment methodology; the sale price is a historical fact, while the assessment is used for tax purposes and is one indicator of value.
5. What are the immediate next steps if interested?
Given the practical nature of the property, the recommended steps are to review the property’s full history for past listings or work done, arrange a viewing to assess the renovation quality firsthand, and consult with a real estate agent to understand current market dynamics in Deer Lodge for homes in this value range.