Property Overview: 412 Lyle Street, Deer Lodge, Winnipeg
Key Characteristics & Buyer Appeal
This one-storey home on Lyle Street is a practical and well-situated property in the Deer Lodge neighbourhood. Built in 1951, it offers just over 1,050 square feet of living space with a renovated basement, sitting on a nearly 4,800 sqft lot. The home presents as a solid, average-sized option for the immediate street and area, though its assessed value ranks above average for the block, suggesting it may be in good condition or offer desirable features not immediately apparent in the basic metrics.
Its primary appeal lies in its balance and location. It’s a home that doesn’t stand out for extreme size or newness, but rather for being a competent, renovated offering in a mature neighbourhood. The renovated basement adds functional living space, a key asset. It would suit first-time buyers or downsizers looking for a manageable, single-level layout without major renovation projects. A thoughtful perspective is that its "above average" assessment on its own street could indicate it's a standout property on the block, potentially offering better finishes or updates than its direct neighbours, which is a smart value consideration often overlooked.
Frequently Asked Questions
1. How does this home compare to others in Deer Lodge?
The home is very typical for the Deer Lodge area in terms of living space and assessed value, ranking around the average. Its lot size is somewhat smaller than the neighbourhood average, but its year built is newer than many area homes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent, as it could range from updated finishes to the addition of legal living space or separate suites.
3. Is the home suitable for someone wanting no yard work?
With a lot size under 5,000 sqft, the yard is manageable. The absence of a pool or extensive landscaping mentioned suggests outdoor maintenance would be relatively straightforward.
4. There's no garage listed. Is there other parking?
The listing specifies no garage. It is essential to verify on-site parking options, such as a driveway or designated street parking, as this can vary significantly on older streets.
5. The home last sold in 2020. What does that mean?
It sold in February 2020 for $27,700. This is significantly lower than its current assessed value of $32,900, which typically reflects a municipal valuation for tax purposes, not market price. The 2020 sale price may have been for a substantially different property condition prior to renovations.