Property Overview: 332 Guildford Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a solid, mid-century character home on a spacious lot. Built in 1950, it is notably newer than many of its immediate neighbours, which can be an advantage for systems and structure. With 1,292 sqft of living space and a renovated basement, it offers functional space for a small family or couple. The detached garage and a land area of over 5,600 sqft provide valuable outdoor utility and potential.
Its appeal lies in its established, quiet neighbourhood and its position as a well-proportioned, average-sized home for the area—neither the largest nor the smallest, which often represents a practical sweet spot. The data suggests it’s a property that holds its value competitively within Deer Lodge, assessed above the neighbourhood average. It would suit a buyer looking for a move-in-ready character home without the extreme upkeep of an older heritage property, or a practical investor seeking a stable rental in a mature community. A less obvious perspective is that its "average" metrics across the board can be a strength, indicating a lower risk of over-improvement for the area and predictable long-term value.
Frequently Asked Questions
1. How does the 1950 build year compare to nearby homes?
This home is newer than most in Deer Lodge. It ranks in the top 5% on its street and top 17% in the neighbourhood for year built, meaning its core structure and major systems are likely more recent than many comparable properties.
2. Is the assessed value a reliable indicator of the expected sale price?
The assessed value is for municipal tax purposes. While this home is assessed above the Deer Lodge average, sale prices are determined by the market. The last sale was in 2019 for $270,000, so recent market comparisons are essential.
3. What does the "renovated basement" typically imply?
While specifics require a viewing, in homes of this era, a renovated basement often means it has been finished into livable space, possibly with a recreation room, office, or additional bedroom, adding functional square footage.
4. How does the lot size compare?
At 5,606 sqft, the lot is very typical for Deer Lodge and on Guildford Street. It offers a good backyard space but is not an unusually large or small parcel for the area.
5. What are the implications of the "above average" assessment within the neighbourhood?
This suggests the city assessor views the property's value relative to its neighbours favourably, often reflecting the home's condition, improvements, or the desirable build year. However, it also means property taxes will be calculated from this slightly higher baseline.