Property Overview: 324 Winchester Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1938, sits on a generous 5,999 sqft lot in Deer Lodge. With 1,314 sqft of living space, it offers a practical footprint that is very typical for the street and neighborhood. Its key appeal lies in its established setting and above-average land size for the Deer Lodge area, providing valuable outdoor space. The home features a detached garage and an unrenovated basement, presenting a straightforward canvas.
The property’s assessed value positions it above average for both the street and the neighborhood, suggesting it is viewed as a solid asset within its immediate context. This home would suit a pragmatic buyer—perhaps a first-time homeowner or an investor—who values a larger lot in a mature community and is comfortable with a home that may require updates over time. Its appeal is less about luxury finishes and more about the underlying value of the land and location, offering a grounded opportunity in Winnipeg’s housing market.
Frequently Asked Questions
1. How does the home’s value compare to the area?
The assessed value is above average for both Winchester Street and the wider Deer Lodge neighborhood, though it is around the citywide average. This indicates a strong relative value within its immediate community.
2. What should I know about the condition?
The listing notes the basement is “not renovated.” Buyers should budget for potential updates and consider a thorough inspection to understand the state of core systems, typical for a home of this age.
3. Is the lot size a significant feature?
Yes. At nearly 6,000 sqft, the land area ranks above average for Deer Lodge, which is a notable advantage for outdoor space, gardening, or future expansion compared to many nearby properties.
4. How does this home fit the character of the street?
The home is very representative of Winchester Street. Its living area, year built, and lot size are all around the street’s averages, meaning it fits seamlessly into this established, consistent block.
5. What might the sale history indicate?
The home last sold in December 2017 for $240,000. Comparing that price to the current assessed value can provide insight into market trends, but a current appraisal is essential for today’s value.