Property Overview: 334 Sackville Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Deer Lodge, built in 1944. Its key characteristic is its modest scale, with 665 sqft of living space and a recently renovated basement, sitting on a standard city lot of just under 4,700 sqft. The home lacks a garage or pool.
Its primary appeal lies in its affordability and efficiency. With an assessed value significantly below local averages, it represents a clear entry point into the Winnipeg housing market. The renovated basement adds functional living space, making the total usable area greater than the main floor square footage suggests. It suits first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance property. A thoughtful perspective is that its smaller size and lot offer lower utility costs and less upkeep, appealing to those seeking a simpler, more sustainable footprint without the burden of a large yard or unused rooms. It’s a practical choice for someone whose lifestyle is oriented beyond their home’s walls, valuing the established Deer Lodge neighborhood over square footage.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 665 sqft on the main floor, it is smaller than most area homes. However, the renovated basement provides additional space. This layout suits individuals, couples, or those comfortable with efficient, minimalist living.
2. Why is the assessed value so much lower than the last sale price?
The home sold for $250,000 in 2021. The current assessed value of $24,700 is for taxation purposes and is not a reflection of market value. Market value is determined by recent sales of comparable properties.
3. What does the "below average" ranking mean for the living area?
The rankings compare this home to others on its street, in Deer Lodge, and citywide. It consistently ranks in the bottom 10-20% for size, confirming it is a notably compact property. This is a key factor in its accessible price point.
4. Is the lack of a garage a major drawback?
This depends on the buyer. For those with a vehicle, it means relying on street parking. For a downsizer or investor, it eliminates a maintenance item and may not be a priority. It’s a trade-off that contributes to the home’s affordability.
5. What is the potential here for a buyer?
The potential is in value and lifestyle, not expansion. The major renovation work appears done (the basement). The opportunity is to own an affordable, updated home in a stable neighborhood. It’s best viewed as a move-in-ready, efficient property rather than a major renovation or expansion project.