Property Overview: 381 Albany Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This 2019-built bi-level home offers a compelling mix of modern construction and established neighbourhood living. Its key appeal lies in its relative newness within a mature area, meaning buyers can expect contemporary building standards, energy efficiency, and minimal immediate maintenance, a rare find in Deer Lodge. With 1,060 sqft of living space, it is practically sized for smaller households.
The data reveals a thoughtful perspective: while the lot size is smaller than area averages, this translates to less yard upkeep. The home's assessed value ranks well above average for both its street and neighbourhood, suggesting its modern build is recognized in its valuation. This property would ideally suit first-time buyers, downsizers, or investors seeking a modern, low-maintenance home in a quiet, established community without the concerns or costs of an older structure. It’s a "lock-and-leave" or easy-living option for those prioritizing a newer interior over a large yard.
Section 2: Frequently Asked Questions
1. What are the main advantages of a 2019-built home in this area?
The primary advantage is moving into a home with modern wiring, plumbing, insulation, and building codes. You avoid the major repair or renovation projects common with older homes in the neighbourhood, potentially saving significant time and money.
2. The lot size is noted as below average. Is this a major drawback?
This depends on your lifestyle. The smaller lot (2,498 sqft) means less outdoor maintenance, which many buyers appreciate. It is sufficient for a patio or small garden but not for extensive landscaping or large recreational space. It aligns with a low-maintenance lifestyle.
3. How does the assessed value compare to the last sale price?
The home was last sold in June 2020 for $308,000. Its current assessed value is $350,000. This increase reflects market changes and the province's valuation model, but the sale price is a more concrete historical data point for consideration.
4. Who might this property not suit?
It may not suit buyers seeking a large yard, extensive outdoor space, or a character home with classic architectural details. Families needing significant room to grow or those wanting a major renovation project would likely look elsewhere.
5. The home has a basement but it's noted as "not renovated." What does this mean?
The bi-level design includes a lower level, but it is presented in a functional, unfinished, or builder-basic state. This offers potential for future customization (like a rec room or additional bedroom) but would require an investment to finish.