Property Overview
This one-and-a-half storey home on Mandeville Street in Deer Lodge is a well-positioned, character property with solid fundamentals. Built in 1947, it offers 1,521 sqft of living space, which is notably above average for both the immediate street and the wider Deer Lodge neighborhood. The home features a renovated basement and a detached garage. Its assessed value is strong locally, ranking in the top 16% within Deer Lodge. The lot is a standard city size at just under 5,000 sqft. Recent sale history shows a significant price increase between 2016 and 2020, indicating growing demand for the area.
Key Characteristics & Appeal
The primary appeal of this property lies in its combination of established neighborhood charm and above-average interior space for the area. It suits buyers looking for a character home in a mature community without compromising on living area. Its strong rankings for both living space and assessed value within Deer Lodge suggest it is a premium offering in that specific market, offering more room than many neighboring homes.
A thoughtful perspective is that this home represents a "known quantity" in its locale. Its value and size metrics consistently outperform local averages, which can provide a sense of stability and established worth. It would particularly suit a buyer who prioritizes space and neighborhood equity over a brand-new build, and who appreciates the potential of a renovated basement and detached garage for hobbies, storage, or flexible living arrangements.
Frequently Asked Questions
Is the living area truly larger than most homes nearby?
Yes. At 1,521 sqft, the living area ranks in the top 17% on its own street and the top 12% within the Deer Lodge area, meaning it offers more space than the vast majority of comparable local homes.
How does its assessed value compare?
The assessed value of $35,300 is in the top 16% for the Deer Lodge neighborhood, indicating it is considered a higher-value property locally, though it is around the average citywide.
What does the sale history indicate?
The home sold for $28,500 in 2016 and then for $300,000 in 2020. This substantial increase reflects broader market trends and specific demand for the Deer Lodge area over that period.
Is the lot size a pro or a con?
The 4,880 sqft lot is very standard for the street and area. It’s neither a standout large yard nor an unusually small one, offering typical outdoor space for this type of mature neighborhood.
How does the age of the home factor in?
Built in 1947, the home is older than the Winnipeg city average. However, it is actually around the average age for homes on Mandeville Street and in Deer Lodge, meaning it fits the expected character of the community and any considerations regarding maintenance or updates are typical for the area.