Property Overview
This two-and-a-half storey home on Mandeville Street in Deer Lodge offers a compelling blend of classic character and practical space. Its primary appeal lies in its generous 2,097 sqft living area, which ranks in the top 1% of homes on its street and the top 2% within the Deer Lodge neighborhood. This makes it a notably spacious option compared to local alternatives. The lot is a standard city size at just under 5,000 sqft. Built in 1914, the home is one of the older properties in the area, which typically suggests classic architectural details but also means buyers should be prepared for the maintenance and update needs of a century-old structure. The basement exists but is noted as not renovated. A key financial point is its relatively low assessed value ($35,800), which is above average for the street and neighborhood, but this likely reflects its age and condition rather than market sale price, as it last sold for $380,000 in 2021.
This property would suit a buyer looking for a large canvas—someone who values the potential of a character home and has the vision (and budget) for gradual updates. It’s less suited for those seeking a move-in-ready, modernized home, given the unrenovated basement and age. The combination of significant interior space on a standard lot in a mature neighborhood is its standout feature.
Frequently Asked Questions
1. How does the low assessed value relate to the likely sale price?
The assessed value is for municipal tax purposes and is often significantly lower than market value, especially for older homes. The 2021 sale price of $380,000 is a more relevant benchmark for current market value.
2. What are the implications of the home being built in 1914?
Buyers should budget for and prioritize inspections (roof, foundation, wiring, plumbing) common to homes of this era. While it offers classic charm, systems may be older or outdated, and energy efficiency may be lower than in newer builds.
3. The living area is in the top percentile, but the lot size is average. What does this mean?
This indicates the home has a large footprint or utilizes its space efficiently on a standard city lot. It offers ample indoor living space without the extensive yard maintenance of a larger property.
4. What does "basement, not renovated" typically imply?
It likely means the basement is in a functional but unfinished or partly finished state, with exposed foundations, basic utilities, and older flooring. It presents potential for future living space, laundry, or storage, but will require investment.
5. With no garage, what are the parking options?
The property likely relies on on-street parking or a rear driveway, which is common for older Winnipeg homes. Buyers should verify the specific parking arrangements and any local permit requirements.