Property Overview
This 760 sqft bi-level home at 360 Albany Street in Deer Lodge presents a practical and modernized living option. Its key appeal lies in being a relatively newer construction (1985) within a neighbourhood of mostly older homes, offering move-in readiness with a renovated basement. The home sits on a modest, manageable lot and carries an assessed value that is competitive for the street itself. It suits first-time buyers seeking a lower-maintenance entry into the market, downsizers looking for a compact and updated layout without major projects, or investors interested in a modernized rental property. A thoughtful perspective is that while the living space is below area averages, the newer build date may translate to fewer immediate repair concerns compared to older neighbours, positioning it as a efficient, "set-and-forget" type of property for the right owner.
Frequently Asked Questions
1. Is the home significantly smaller than others in Deer Lodge?
Yes. At 760 sqft, the living area ranks in the bottom 6% for the neighbourhood, making it a compact option compared to the area average of about 1,200 sqft.
2. What does the "renovated basement" include?
The provided details confirm a renovated basement exists but do not specify the scope or finish. A viewing or inquiry with the listing agent is necessary to determine if it's a finished living space, a modernized utility area, or includes legal secondary suite potential.
3. How does the 1985 build date affect the property?
It's a notable advantage. The home is newer than 96% of properties in Deer Lodge, which suggests potentially updated core systems (like wiring, plumbing, and insulation) compared to the neighbourhood's predominantly mid-century housing stock.
4. Where does the assessed value stand?
The $270,000 assessment is around the median for Albany Street itself, but below the average for both the wider Deer Lodge area and Winnipeg overall. This indicates it is priced for its specific street and modernized condition, rather than its square footage.
5. What are the outdoor space and parking like?
The land area is a compact 2,923 sqft, which is below average for the area. The listing notes there is no garage, so parking would be limited to driveway or street parking. The lot size suggests a manageable yard with minimal upkeep.