Property Overview
This two-storey home at 39 Deerpark Drive offers a blend of space, established character, and a prime location within Winnipeg. Built in 1987, its key appeal lies in its exceptionally large, 13,339 sqft lot—a rarity that places it in the top 3% of all properties in the city for land size. The 2,111 sqft living area is also well above average, providing ample room for a growing family. While it features an unfinished basement and no garage or pool, the value proposition is centered on the land itself and the spacious interior footprint. Its rankings show it outperforms most comparable homes in its immediate area, particularly in lot size and building age, suggesting a well-situated property in a mature neighbourhood.
This home would suit buyers looking for a long-term family home with generous outdoor space for gardening, play, or future expansion. It's ideal for those who value established communities over brand-new builds and have the vision to potentially finish the basement or add a garage later. The strong city-wide rankings indicate it's a property with inherent equity in its land, appealing to both end-users and those with an eye for future value.
Frequently Asked Questions
1. What does the ranking system mean?
The rankings compare this property against others on its street, in its neighbourhood (Eric Coy), and across all of Winnipeg. For example, being in the "top 3%" for lot size in Winnipeg means only 3% of homes have a larger lot. It's a quick way to see how this home competes on key metrics.
2. Is the unfinished basement a major drawback?
Not necessarily. While it requires an investment to finish, it offers significant potential for customization and added living space (like a rec room, home gym, or additional bedrooms) according to a new owner's needs. It also means there are no pre-existing finishes to remove or work around.
3. How does the lack of a garage impact daily life and value?
This is an important consideration for vehicle storage and workshop space. Buyers would need to factor in the cost and feasibility of adding a detached garage or using alternative parking. However, the very large lot provides ample space to build one, which could be seen as a future project that adds tailored value.
4. The home is 39 years old. What should I be mindful of?
As with any home of this age, the condition of major systems (like the roof, windows, furnace, and plumbing) is key. A thorough inspection is essential. On the positive side, its age ranks newer than 72% of Winnipeg homes, suggesting the neighbourhood itself is well-established but not antiquated.
5. The assessed value is $552,000. Is that the sale price?
No. The municipal assessment is for taxation purposes and lags behind the current market. The sale price will be determined by market conditions, the home's specific condition, and buyer demand. The assessment does, however, indicate a strong baseline value, especially given its high percentile ranking.