Property Overview
This 1952 one-storey home at 411 Linwood Street in Deer Lodge presents a specific and practical value proposition. Its key appeal lies in its balance of a renovated basement and a very manageable size on a standard city lot. At 976 sqft, the living space is modest and below average for the immediate area, making it a true bungalow. However, its assessed value ranks above average for both the street and the neighbourhood, suggesting the renovations and lot value are recognized. The home sits on a just-over-5,000 sqft lot, which is typical for the area.
This property would suit first-time buyers, downsizers, or practical investors looking for a solid, no-fuss entry into the Winnipeg market. Its renovated basement adds functional living space, and the one-level layout is accessible. The appeal is grounded in utility and location rather than grandeur. A less obvious perspective is that a home built in 1952 is actually newer than most on its street, potentially meaning fewer concerns with extremely aged infrastructure compared to neighbours. Its value ranking significantly higher than its size ranking indicates it's perceived as well-maintained or improved relative to its peers.
Frequently Asked Questions
Q: How does the home's size compare to others nearby?
A: The 976 sqft living area is below the average for both Linwood Street and the wider Deer Lodge neighbourhood, placing it in the smaller third of homes. This indicates a compact, efficient layout.
Q: The assessed value seems low. Is that accurate?
A: The assessed value is for municipal tax purposes and is not market value. It's important to note that this assessment ranks above average for the area, meaning the city values it higher than many comparable properties nearby.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or listing agent regarding the finish, ceiling height, and permitted uses.
Q: Is the lot size a disadvantage?
A: At just over 5,000 sqft, the lot is slightly below average for the street but very typical for Deer Lodge and city-wide. It provides standard backyard space for a city home without extensive maintenance demands.
Q: The home last sold in 2017. What does that indicate?
A: A seven-year ownership period suggests the sellers were settled, not flipping the property quickly. This can sometimes indicate a more considered sale, but the reasons for selling are always specific to the owner.