Property Overview & Key Characteristics
This 784 sqft, one-storey home at 422 Truro Street in Winnipeg's Deer Lodge neighbourhood presents a compact and efficient living space. Built in 1957, it is notably newer than many homes in the immediate area. The home features a renovated basement, adding valuable finished space, but does not include a garage or pool. Its lot size of 2,796 sqft is modest for the neighbourhood, placing it below the local average.
The primary appeal lies in its manageability and location. It's a home that offers the essentials without the upkeep of a larger property, potentially translating to lower utility and maintenance costs. The renovated basement is a significant functional upgrade, offering flexibility for a family room, home office, or additional storage. It would suit first-time buyers seeking an entry point into the market, downsizers looking to simplify, or pragmatic investors interested in a straightforward rental property. A thoughtful perspective is that its "below average" size and lot, while a limitation for some, are precisely what make it affordable and low-maintenance, offering a lifestyle of efficiency rather than extravagance.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 784 sqft of living area, this home is smaller than the average for Deer Lodge (approx. 1,197 sqft) and Winnipeg overall. This makes it a more compact, manageable property.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and use of the space.
3. Is the assessed value the same as the market value?
No. The last municipal assessed value is shown as $25,900, but this is typically for tax purposes and can differ significantly from current market value. The home last sold in May 2020 for $23,700.
4. What are the implications of not having a garage?
Buyers should plan for street parking and consider the practicalities of Winnipeg winters. The lack of a garage also means no additional storage or workshop space, which is a factor for vehicle owners or those with outdoor equipment.
5. The home is noted as "newer" than others on the street. Why is that important?
Being built in 1957, it is newer than many neighbouring homes. This can sometimes suggest updated core components (like wiring or plumbing) compared to older houses, but a specific inspection is necessary to confirm the condition of all major systems.