Property Overview: 320 Linwood Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Deer Lodge is defined by its generous, above-average lot size—over 5,700 sqft—which is a standout feature for the street and neighborhood. This presents significant potential for gardening, outdoor living, or future expansion. The home itself, built in 1919, is a classic character property with a renovated basement, adding functional living space to its 1,210 sqft footprint. Its assessed value is notably strong for the immediate area, suggesting it is well-positioned within its local market.
The primary appeal lies in this combination of a sizable, private yard in a mature neighborhood with the practicality of recent updates. It suits buyers looking for a solid, no-frills home where the land is a major asset. It would particularly fit a first-time buyer or downsizer seeking single-level living without sacrificing outdoor space, or a pragmatic investor attracted by the stable Deer Lodge location and the value indicated by its assessment relative to nearby properties. A less obvious perspective is that while the home's living area is average, the lot size offers a "blank canvas" value that is increasingly rare, appealing to those who prioritize long-term flexibility over immediate square footage.
Section 2: Frequently Asked Questions
1. What does the above-average assessed value on this street indicate?
It typically suggests the property is assessed at a higher value than most of its immediate neighbors, which can reflect recent renovations, desirable property traits (like its large lot), or a favorable view by the assessor. It’s a positive marker for the property's standing in the area.
2. Is the 1919 build date a concern?
While the age means potential for older building materials and systems, it also often comes with character and established neighborhoods. The key is the home's maintenance history; the renovated basement shows some updates, but a thorough inspection is essential.
3. How does the lot size compare to a typical city lot?
At 5,752 sqft, it is larger than the average lot in Deer Lodge and significantly larger than most on Linwood Street. For context, the average city-wide lot is closer to 6,570 sqft, so this is a substantial, suburban-like parcel within the city.
4. What is the neighborhood like?
Deer Lodge is a mature, established neighborhood in Winnipeg. The data shows homes here are typically older (1940s average), and this property fits that character. The tight ranking of nearby sale prices suggests a stable and consistent market.
5. The home last sold in 2019 for $330k. How does that relate to today’s value?
The 2019 sale price provides historical context, but market conditions, interest rates, and any changes made to the property since then will determine current value. The assessed value of $37.30k (for tax purposes) is not a market price but can be one factor in valuation.