Property Overview: 417 Sackville Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Deer Lodge presents a distinct profile defined by its balance of a generous lot and compact living space. Built in 1948, it is notably newer than many neighbouring homes. Its primary characteristic is the significant land area (4,699 sqft), which ranks highly on its street, paired with a modest 661 sqft renovated main floor. This creates a property where the land itself is a major asset, offering potential for expansion, gardening, or outdoor living, while the house provides a manageable, updated footprint.
The appeal lies in this unique ratio. It suits a specific buyer: perhaps a downsizer seeking minimal interior maintenance but desiring private outdoor space, or a value-conscious first-time buyer or investor viewing the large lot as long-term potential. The renovated basement adds functional living space. It’s a property for those who prioritize land over square footage, seeing opportunity in the disconnect between the below-average living area and the above-average lot size for the immediate area.
Section 2: Frequently Asked Questions
1. Is this a small house?
Yes, the 661 sqft main living area is significantly below average for Deer Lodge and Winnipeg. However, it includes a renovated basement, and the property’s standout feature is its large 4,699 sqft lot.
2. Why is the assessed value much lower than recent sale prices?
The 2023 sale price of $260k is substantially higher than the current assessed value (~$27k). This is not uncommon; municipal assessments for tax purposes often lag behind market values and use different valuation models. The sale price is the clearer indicator of current market worth.
3. What does the "above average" year built mean for a 1948 home?
On Sackville Street, many homes are older, with an average build year around 1943. Therefore, this 1948 house is relatively newer in its immediate context, which may suggest slightly updated infrastructure compared to its neighbours.
4. Who would this property not suit?
It would likely not suit a family needing multiple bedrooms or ample indoor living space, or a buyer seeking a turn-key home with no future projects. The value proposition is in the land and potential, not in spacious, move-in-ready interiors.
5. How does the lot size compare to typical city lots?
At 4,699 sqft, the lot is around average for Winnipeg as a whole but is considered above average for Sackville Street itself. This means you get more private outdoor space than most direct neighbours, which is a key differentiator for this property.