Property Overview: 288 Moorgate Street, Winnipeg
Key Characteristics & Appeal
This well-situated two-storey home in Deer Lodge offers a practical blend of space, location, and value. With 1,408 sqft of living area, it provides above-average roominess for both its immediate street and the wider Deer Lodge neighborhood, ranking in the top 22% and 21% respectively. A key feature is the renovated basement, adding functional living space. The property sits on a standard city lot of just over 5,500 sqft, offering typical outdoor space for the area.
The home’s primary appeal lies in its strong positioning within a stable, established community. While built in 1948, its assessed value consistently ranks well above local averages, placing it in the top 13% in Deer Lodge. This suggests a property that has been maintained or updated in ways the market recognizes. The detached garage adds utility. Recent sale history indicates steady demand.
It would suit buyers looking for a move-in ready, character home in a mature neighborhood without the premium of a newer build. It’s ideal for small families, couples, or downsizers who value more interior space than is typical for the area and appreciate the quiet stability of Deer Lodge. A thoughtful perspective is that this home represents a "middle ground" – it’s not the newest or largest on the citywide scale, but it offers superior metrics within its own desirable locale, making it a prudent choice for neighborhood-focused living.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $36,200k ranks in the top 9% on Moorgate Street and the top 13% in the broader Deer Lodge area, indicating it is considered a higher-value property within this specific market.
2. Is the living space larger than average for the area?
Yes. With 1,408 sqft, the living area is above average for both Moorgate Street (top 22%) and the Deer Lodge neighborhood (top 21%).
3. What should I know about the age of the home?
Built in 1948, the home is of average age for Deer Lodge. Buyers should factor in the potential for age-related maintenance, but also the character and build quality of that era. The renovated basement is a notable update.
4. How stable is the property’s market value?
Recent sales in 2022 and 2024 at very similar price points suggest a stable and consistent market valuation for this specific home over the past few years.
5. What is the lot size, and how does it compare?
The lot is 5,596 sqft. This is a standard, average-sized lot for both Moorgate Street and Deer Lodge, but slightly below the citywide average. It provides typical yard space for the neighborhood.