Property Overview & Key Characteristics
This one-storey home at 407 Linwood Street in Deer Lodge presents a practical and affordable entry point into the Winnipeg market. Its key appeal lies in its balance of a renovated basement, a detached garage, and a lot size that is quite generous for the neighbourhood. At 976 sqft, the living space is modest and below the area average, making it a true bungalow. However, the 1952 build date is notably newer than many surrounding homes, which can suggest updated core systems. The assessed value is consistently around the average for its immediate area, indicating a fairly priced property in its context.
This home would suit first-time buyers or downsizers looking for manageable, single-level living without a major renovation project. Its value is functional rather than luxurious. A thoughtful perspective is that while the house itself is smaller, the above-average lot size for the street offers valuable outdoor space or future potential that is increasingly rare in established neighbourhoods. The renovated basement also adds crucial flexible space, effectively expanding the home's usable area beyond the main floor square footage.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. With 976 sqft of living area, it is below the average size for homes on Linwood Street and in the Deer Lodge neighbourhood. The layout and renovated basement are key to maximizing the use of this space.
2. How does the assessed value compare?
The assessed value is around the average for the immediate street and Deer Lodge area. This suggests the property is valued in line with its local market, neither over- nor under-assessed compared to direct neighbours.
3. What does the 1952 build year mean for a buyer?
Built in 1952, this home is significantly newer than many on its street and in Deer Lodge, where average build years are 1940 and 1943, respectively. This can be an advantage, potentially indicating more modern wiring, plumbing, or foundation standards than in older pre-war homes.
4. How does the lot size compare?
The lot is just over 5,000 sqft. It's slightly below average for Linwood Street but is actually around the average for the wider Deer Lodge neighbourhood. This provides a decent-sized yard for an inner-city area.
5. What is the context of the last sale price?
The home sold in September 2017 for $300,000. Market conditions have changed since then, so this figure is a historical data point. Current value should be determined by a professional appraisal and recent comparable sales.