Property Overview
This one-and-a-half storey home on Belvidere Street in Deer Lodge offers a blend of established neighbourhood character and above-average space for its immediate area. Built in 1946, its key appeal lies in its generous proportions: at 1,396 sqft of living area and a 4,882 sqft lot, it ranks well above the local averages for both. The home features a renovated basement and a detached garage. Its assessed value is notably above average for the street and neighbourhood, suggesting a solid foundation of value within this community.
The property would suit a buyer looking for a character home with room to grow, whether that's indoors or in the sizable yard. It’s a practical fit for those who value the mature, quiet streets of Deer Lodge and want more living and land space than many neighbouring homes offer. A thoughtful perspective is that while the home is older, its above-average rankings locally for size and value indicate it has been a substantial property in the area for decades, potentially offering more inherent stability and less competition from tightly packed new builds.
Frequently Asked Questions
What does the "above average" ranking for size and value actually mean?
It means that compared to other homes directly on Belvidere Street and within the Deer Lodge neighbourhood, this home has more living space and a higher assessed value than most of its immediate peers. It's a larger, more valuable property within its specific local context.
Is the basement renovation reflected in the assessed value?
While the listing notes a renovated basement, the assessed value is a municipal valuation for tax purposes and may not capture the full market value of recent updates. The above-average assessment, however, indicates the property is already valued highly by the city compared to neighbours.
How does the last sale price from 2017 relate to today's value?
The 2017 sale price of $260k is a historical data point. Given the time elapsed and changes in the market, the current value would be determined by recent comparable sales and the home's condition today.
What are the implications of having a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It may also present future potential, but buyers should consider the walk to it during Winnipeg winters.
The home is older; are there any insights into its condition relative to the street?
The year built (1946) is around the average for Belvidere Street, meaning the home is typical for the area's vintage. Its above-average living area and lot size for the street suggest it was a more substantial build originally, which can sometimes correlate with durable construction, but a professional inspection is always recommended.