409 Sackville Street

Property Summary: 409 Sackville Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1947, situated on a notably generous lot for its Sackville Street location. With 680 sqft of living space, the house itself is smaller than most in the area, city, and even on its own street, positioning it as a true starter home or downsizing opportunity. Its appeal is anchored in two main factors: a recently renovated basement adding functional space, and a detached garage. The property’s assessed value of $300k is above average for Sackville Street, suggesting it is well-maintained or updated relative to its immediate peers.

The home would best suit a first-time buyer, an investor, or someone looking to right-size without leaving the established Deer Lodge neighbourhood. It offers a manageable footprint with lower maintenance costs, while the large lot presents future potential for expansion or gardening. A less obvious perspective is that its smaller size and above-street-average valuation could indicate efficient, thoughtful use of space and quality updates, rather than just a lack of square footage. It’s a property for those who prioritize land value and location over a large interior, and who see potential in a home that ranks highly on its own block.

Section 2: Frequently Asked Questions

1. Is the house too small for practical living?
At 680 sqft, the living area is compact. However, the renovated basement significantly increases usable space, making it functional for a single person, a couple, or a small investor portfolio.

2. Why is the assessed value higher than many neighbours if the house is smaller?
The $300k assessment, which ranks in the top 19% on Sackville Street, likely reflects the renovated basement, general condition, and the value of its larger-than-average lot for the street. It suggests the property is in better shape than many directly comparable homes.

3. What is the potential of the large lot?
The 4,698 sqft lot is in the top 9% for size on Sackville Street. This offers valuable outdoor space, room for a garden, and future potential for additions or redevelopment, subject to local zoning.

4. How does the 1947 build year affect the home?
Built in 1947, the home is older than most in Winnipeg but is actually newer than many on its own street. Buyers should expect character and a mature neighbourhood, but should also prioritize a thorough inspection for an older home’s typical systems (plumbing, electrical, roof).

5. What do the past sale prices indicate?
The home sold for $254k in 2016 and $354k in 2021. This sharp increase aligns with broader market trends of the time and likely included the basement renovation. It underscores the importance of understanding what updates were made between those sales.