368 Sharp Boulevard

Property Overview: 368 Sharp Boulevard, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-and-a-half storey home in Deer Lodge presents a solid opportunity in a mature neighbourhood. Built in 1949, it features 1,380 sqft of living space and sits on a notably generous 6,406 sqft lot, which is significantly larger than most in the immediate area. A key updated feature is its renovated basement, adding functional living space, and it includes a detached garage.

The primary appeal lies in its balanced offering of space, location, and value. The lot size is a standout, offering ample outdoor privacy and potential in a city where larger plots are increasingly rare. Its assessed value of $370k ranks well above average for both its street and the Deer Lodge neighbourhood, suggesting a perception of solid value relative to its peers. This isn't the newest home on the block, but its vintage is actually older and more established than most on Sharp Boulevard, contributing to its character.

This property would suit practical buyers looking for a established neighbourhood with room to breathe. It's ideal for someone who values a sizable yard over a brand-new build, and for whom a renovated basement and detached garage are important functional assets. It represents a middle-ground—more space and land than a starter home, without the premium of a fully modernized property.

Section 2: Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 1,380 sqft, the living area is very close to the average for similar homes on its street and city-wide. However, its land area of 6,406 sqft is in the top 5% for the Deer Lodge neighbourhood, meaning the yard is a major advantage compared to nearby properties.

2. What does the "above average" assessed value indicate?
With an assessed value of $370k ranking in the top 10-11% for its immediate area, this home is officially valued higher than most of its direct peers. This often reflects desirable lot size, renovations, and overall condition, but it's important to compare this to the current market sale price.

3. Is the age of the home (1949) a concern?
The home is older than the Winnipeg average. While this means potential for character, it also implies that major systems (like plumbing, electrical, or the roof) may need evaluation or could be part of future maintenance planning, even with a renovated basement.

4. What is the neighbourhood of Deer Lodge like?
Deer Lodge is a mature, established neighbourhood in Winnipeg. It typically offers a mix of residential streets with good access to local amenities, parks, and major routes. The property's strong assessed value ranking within this area suggests it is in a desirable part of the community.

5. The home sold in March 2021; what might that mean?
The previous sale price of $372k provides a recent benchmark. Comparing this to the current assessed value and any listing price can offer insight into market trends and the property's perceived appreciation over the last few years.