Property Overview
This one-and-a-half storey home in Deer Lodge presents a practical opportunity in a well-established Winnipeg neighbourhood. Its key appeal lies in a balanced package: a renovated basement and a detached garage on a notably spacious lot for the area. At 1,288 sqft, the living space is comfortably average for the street and city, but the 5,611 sqft land area stands out, offering above-average outdoor space and potential. The 1950 build date is newer than most on the block, a subtle advantage for systems and structure. With an assessed value positioned below average for its immediate street but average for the wider area, it suggests a value proposition within a stable locale. This home would suit a buyer looking for a solid, no-frills character home with room to breathe, perhaps a first-time homeowner, a small family valuing yard space, or a practical investor. It’s for those who prioritize lot size and neighbourhood character over premium finishes or the newest build.
Frequently Asked Questions
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. The last known sale was in 2017 for $259,000. Current market conditions, the home’s condition, and its desirable lot size will be the primary drivers of its sale price.
What are the implications of the "renovated basement"?
While a positive, it’s important to clarify the scope, quality, and permits for this renovation. A professional inspection is recommended to confirm the work was done to code and to assess moisture control, especially in an older home.
The lot is larger than average for Deer Lodge. What does that mean for me?
This is a significant feature. It provides more privacy, gardening space, and play area than many neighbouring properties. It also represents long-term value and potential for additions or landscaping projects that smaller lots cannot accommodate.
The home is described as "one & 1/2 storey." What should I know about this style?
Typically, this means the second level has sloped ceilings (following the roof line) and potentially smaller rooms. It offers charming character and usable space but may have different headroom and layout considerations than a full two-storey home.
How does the 1950 build date compare, and what should I check?
Being built in 1950 makes it newer than many homes on the street, which is a relative advantage. However, any home of this age will have aging components. Special attention should be paid to the roof, wiring, plumbing, and heating systems, even if some updates have been made.