Property Summary: 296 Sackville Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1940, situated on a notably generous lot for its Sackville Street location. With 723 sqft of living space, the house itself is smaller than most in the neighbourhood and city, positioning it as a more affordable entry point into the established Deer Lodge community. A key feature is its renovated basement, adding functional space. The property includes a detached garage.
Its primary appeal lies in the combination of a large, usable lot and a lower price point driven by the home's modest size. This creates potential for future expansion, gardening, or outdoor living that is often unavailable with similarly priced homes. It suits practical, value-oriented buyers such as first-time homeowners, downsizers seeking a manageable footprint without sacrificing yard space, or investors looking for a land-value play with a rentable dwelling. It’s a property where the land is a central asset, offering a blank canvas relative to the lot size.
Section 2: Frequently Asked Questions
1. Is the house too small for a small family?
While compact, the renovated basement provides crucial additional space. The layout and functionality of both levels would be key determining factors for family livability.
2. Why is the assessed value relatively average on the street but below average for the area?
This reflects the property’s unique position: its value is supported by the desirable lot size on its specific street, but the smaller home size pulls its value below the broader neighbourhood average, where larger homes are common.
3. What does the large lot size practically mean for a buyer?
Beyond gardening, it offers rare potential for additions like a shed, expanded parking, or a deck. For the long-term, it may provide the option to expand the home itself, subject to zoning.
4. The home last sold in 2019. What should I consider?
It’s important to understand what changes, especially the basement renovation, were completed by the current owners and whether appropriate permits were obtained.
5. How does the detached garage impact the property?
It provides valuable storage or workshop space separate from the house. However, its condition, size, and potential need for updates or repairs should be factored into any evaluation.