Property Overview: 66 Deer Lodge Place, Bruce Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Bruce Park is defined by its exceptional lot size and modern age. Built in 2023, it is a notably new construction in an area of mostly older homes, ranking in the top 1-4% for its year built across the street, neighbourhood, and city. The primary standout feature is the 12,405 sqft property, which places it in the top 2-3% for land area in all comparison groups. This offers rare potential for expansion, gardening, or outdoor living within the city.

The home’s appeal lies in this unique combination of a modern, low-maintenance structure on a sprawling, established lot. With 2,533 sqft of living space, it provides ample room and ranks well above neighbourhood averages. The attached garage and full (though unrenovated) basement add functional space. It suits buyers looking for a new build who don’t want to compromise on yard size, or those planning for future additions like a garage, workshop, or pool where the generous lot is a major asset. It’s also a fit for anyone seeking a home with a long development horizon and minimal immediate repair needs in a mature area.

Section 2: Frequently Asked Questions

1. Why is the assessed value ($73.1k) so much lower than what I’d expect a 2023 home to sell for?
Manitoba property assessments are not market valuations. They are used for calculating property taxes and are typically much lower than actual market sale prices. The key takeaway from this data is that this home’s assessment is in the top 3% for the city, indicating it is considered a high-value property relative to others.

2. The home sold in 2019 for $37.5k. Does that mean it was a tear-down?
Almost certainly. The very low sale price just four years before the 2023 build date strongly suggests the previous structure was demolished to make way for this new construction. This is a positive, confirming the entire property is essentially new.

3. What does the "Elite" or "Top X%" ranking mean for me as a buyer?
These rankings contextualize the home’s metrics. For example, being in the "Top 1%" for year built in Bruce Park means it is among the very newest homes in an older neighbourhood. Being in the "Top 2%" for land area on its street means you are getting one of the largest lots available in that immediate location.

4. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or only roughly finished. While it has full foundation and is usable for storage or utilities, it would require investment to convert into livable space like a family room or additional bedrooms, offering a blank canvas for the next owner.

5. How does the lot size compare to a typical new suburban lot?
At 12,405 sqft, this lot is substantially larger. For perspective, many modern suburban lots range between 4,000-6,000 sqft. This property offers a lot size more common to older, established neighbourhoods, but with a brand-new home on it—a rare pairing.