Property Overview: 451 Linwood Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-storey home in Deer Lodge is a study in contrasts, offering a practical and updated living space within a well-established neighborhood. Its key appeal lies in its balance of modern updates and a prime assessed value. While the 976 sqft living area is notably compact compared to most local and city-wide averages, the home benefits from a renovated basement, adding functional space. The standout feature is its assessed value of $34.50k, which ranks significantly above average for both the street and the Deer Lodge area, suggesting strong municipal valuation relative to its peers.
The property would suit first-time buyers or downsizers seeking a manageable, single-level layout with recent renovations in a mature neighborhood. Its above-average valuation for the area may also appeal to value-conscious investors or buyers looking for a home with a solid financial footing in the eyes of the city assessor. The detached garage and a decently sized 5,045 sqft lot offer typical Winnipeg amenities for vehicles and outdoor space. A thoughtful perspective is that a smaller, well-maintained home like this can offer lower utility costs and less maintenance, focusing living into efficient, updated spaces rather than sheer size.
Frequently Asked Questions
1. Is the house particularly small?
Yes. With 976 sqft of living area, it is smaller than most comparable homes on Linwood Street, in Deer Lodge, and across Winnipeg. The renovated basement does provide additional usable space.
2. Why is the assessed value so high compared to nearby homes?
The assessed value of $34.50k ranks in the top 21% for Deer Lodge. This typically reflects recent renovations, desirable lot characteristics, or overall condition that the city assessor has determined adds significant value over the area average.
3. How old is the property?
The home was built in 1952. Interestingly, this makes it newer than many homes on its street and in the immediate Deer Lodge area, where average build years are 1940 and 1943, respectively.
4. What was the last sale price?
The property last sold in October 2022 for $390,000. This provides a recent market benchmark, though conditions may have changed.
5. Is the lot size a constraint?
At just over 5,000 sqft, the lot is slightly below the street average but is very typical for central Winnipeg neighborhoods. It provides standard backyard space for the area without extensive upkeep.