Property Overview: 429 Albany Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home at 429 Albany Street presents a compelling blend of modern convenience and established neighbourhood character. Built in 2012, it is a notably newer construction compared to most homes in Deer Lodge and on its own street, offering contemporary building standards and systems without the immediate need for major updates. With 1,130 sqft of living space, it provides comfortable, above-average roominess for the immediate area.
The home’s primary appeal lies in its solid, move-in-ready foundation and its strong positional value. The assessed value of $350k ranks well above average for both the street and the Deer Lodge neighbourhood, suggesting a property that holds its worth in the local market. While the lot size is more compact compared to broader city averages, it is typical for the street and translates to lower exterior maintenance—a practical advantage. The unrenovated basement presents a clean slate for future customization.
This property would suit first-time buyers or downsizers seeking a modern, single-level layout in a mature, convenient neighbourhood. It’s also a prudent choice for value-conscious buyers who appreciate a home that stands out for its newer age in an area of older housing stock, potentially deferring costly repairs associated with aging properties.
Frequently Asked Questions
1. How does the age of this home compare to others nearby?
This home was built in 2012, making it significantly newer than most in the area. It ranks in the top 3% for year built within the Deer Lodge neighbourhood, where the average comparable home was built in 1943.
2. Is the assessed value of $350k typical for the area?
No, it’s above typical. The assessed value ranks in the top 17% for Deer Lodge, meaning it is valued higher than most comparable homes in the neighbourhood, which average about $313,000.
3. What should I know about the lot size?
The lot is 3,747 sqft. This is a standard size for Albany Street but is considered below average when compared to all lots in Deer Lodge and Winnipeg overall. This often means less yard maintenance but may limit extensive outdoor additions.
4. The basement is listed as "not renovated." What does that imply?
It indicates the basement is unfinished or in its original builder state. This isn’t necessarily a drawback, as it provides a blank canvas for future development to suit your needs, without needing to undo previous renovations.
5. How does the living space compare to other homes?
With 1,130 sqft, the living area is above average for Albany Street and about average for the wider city. It offers more space than the typical Deer Lodge home (avg. 971 sqft) but less than the Winnipeg city average (avg. 1,342 sqft), positioning it as a comfortably sized home for its immediate locale.