Property Overview
This 1946 one-storey home in Deer Lodge presents a specific and practical opportunity. Its key appeal lies in the balance between its modest, renovated living space and its generous lot size. At 710 sqft, the house itself is notably compact, ranking below average for living area both on its street and within the wider city. However, it sits on a 4,388 sqft lot, which is significantly larger than most properties on Truro Street. This creates a distinct dynamic: a smaller, potentially easier-to-maintain home paired with ample outdoor space. The detached garage adds practical storage or workshop potential.
The property would suit first-time buyers or downsizers looking for an affordable entry into the market with a focus on land over square footage. It’s also a candidate for those with a vision to expand the existing footprint in the future, given the lot size. The renovated basement adds functional living space, offsetting the smaller main floor. Its assessed value is around average for the immediate street, suggesting it's priced in line with its direct neighbourhood context rather than city-wide averages.
Frequently Asked Questions
1. Is the house too small?
At 710 sqft, the living area is compact. It's below average for the street, neighbourhood, and city. This suits a minimalist lifestyle or a buyer who prioritizes outdoor space and location over interior square footage. The renovated basement provides crucial additional functional space.
2. What is the real advantage of the large lot?
While the lot is below average for Deer Lodge overall, it ranks in the top 7% for size on Truro Street. This means you get more private outdoor space than most neighbours, offering room for gardening, recreation, or future additions like a shed, deck, or even a home expansion.
3. How does the assessed value compare?
The assessed value is around the average for Truro Street itself but below the averages for the broader Deer Lodge area and Winnipeg. This can indicate a property that is valued consistently within its immediate block, which can be a stable foundation for market value.
4. What should I consider about the age of the home?
Built in 1946, the home is older than most on its street but around average for the Deer Lodge neighbourhood. This is typical for the area and suggests potential for character, but a thorough inspection for updates to major aging components (like plumbing, electrical, and the roof) is essential.
5. Who would this property not suit?
It likely wouldn't fit buyers needing multiple bedrooms, dedicated home office spaces, or who prefer new builds with modern, open-concept layouts. The appeal is grounded in practicality, affordability, and the potential of the land, not in spacious, move-in-ready luxury.