Property Overview: 373 Moorgate Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a solid, grounded opportunity. Built in 1949, it stands out on its street as one of the newer homes in the area, which can suggest updated infrastructure or materials compared to immediate neighbours. With 1,175 sqft of living space and a renovated basement, it offers functional space that is competitively sized for the neighbourhood.
Its primary appeal lies in its generous 5,609 sqft lot, which is above average for both the street and Deer Lodge. This provides valuable outdoor space and potential in a mature community. The home suits practical buyers looking for a character home in a well-established area without the premium price of a newer build. It’s ideal for someone who values a larger yard over a larger house and is comfortable with a home of this era, appreciating the charm and stability of Deer Lodge. The detached garage adds utility for storage or projects.
Section 2: Frequently Asked Questions
1. Is the assessed value a good indicator of the likely sale price?
Not directly. The assessed value of $31,600 is for tax purposes. The last known sale was in 2019 for $26,300. Market conditions and property improvements since then will determine the current listing price.
2. What does "one-and-a-half storey" typically mean for a 1949 home?
This style often features a main floor with principal rooms and a second floor under sloping roof lines, creating cozy bedrooms with potentially reduced ceiling height in some areas. It’s a classic Winnipeg design.
3. How does the lot size compare meaningfully?
At over 5,600 sqft, the lot is a standout feature. It’s larger than many in the area, offering more privacy, gardening space, or room for additions like a shed or deck than is typical.
4. The home ranks "below average" for year built citywide. Is that a concern?
This is more a reflection of Winnipeg’s expansion. City-wide averages include vast suburbs of newer homes. In the context of the desirable, mature Deer Lodge neighbourhood, a 1949 build is common and its "newer" rank on its own street is a positive.
5. What can the sales history of nearby homes tell me?
Reviewing the recent sale prices of the neighbouring properties listed (e.g., 369, 377 Moorgate) will provide the most accurate picture of current market value for this specific street, which is more useful than broader area averages.