Property Overview: 293 Guildford Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a compelling blend of character and value. Built in 1950, it is notably newer than many homes in the immediate area, offering a potential advantage in terms of infrastructure and upkeep. With 1,392 sqft of living space, it provides ample room, ranking above average for the neighbourhood. A key feature is the renovated basement, which adds functional living area. The lot is a generous 5,600 sqft, typical for the street but offering good outdoor space for the area.
The standout appeal lies in its value proposition. The home’s assessed value is in the elite top 4% for Guildford Street and top 3% for Deer Lodge, suggesting it is a highly valued property within its core comparables. Recent sale history shows significant appreciation, with the last sale in 2024 far exceeding prior sales, indicating strong market momentum for this specific home.
This property would suit a buyer looking for a established, character home in a stable neighbourhood without the maintenance concerns of an older-century build. It’s ideal for someone who values a renovated lower level for family space, a home office, or rental potential. The strong assessed value and recent sale price also make it a sensible consideration for the value-conscious buyer who sees merit in a property that stands out positively against its direct peers.
Frequently Asked Questions
1. How does the 1950 build year compare to nearby homes?
This home is newer than most on its street and in Deer Lodge overall. For its immediate street, it ranks in the top 5% by year built, meaning it is one of the newest homes in the vicinity, which can be a plus for systems and structure.
2. The assessed value seems high for the area. What does that indicate?
The assessed value is in the elite tier for both the street and the wider Deer Lodge neighbourhood. This typically reflects the property’s specific attributes—like its size, condition, renovations, and lot—as being superior to many nearby comparables, as determined by municipal assessment.
3. Is the living space size typical?
At 1,392 sqft, the living area is above the neighbourhood average. It provides more space than about 77% of Deer Lodge homes, making it a roomier option within this market.
4. What does the recent sale history show?
The home sold in October 2024 for $39.50k, following a sale of $370k in 2022 and $250k in 2021. This steep upward trajectory in sale price over three years suggests strong demand for this property and significant perceived value added.
5. Are there any obvious features missing?
The listing notes there is no garage or pool. The property offers on-street parking and a large lot, but buyers seeking dedicated parking or specific amenities should factor this in. The renovated basement is a key interior feature offsetting the lack of a garage.