Property Overview

This one-and-a-half storey home on Overdale Street in Deer Lodge presents a classic Winnipeg character home with significant space and potential. Built in 1922, it sits on a generous 6,004 sqft lot, offering above-average outdoor space for the neighbourhood. The 1,744 sqft living area is notably spacious, placing it well above average for both Deer Lodge and the city overall. The home features a detached garage and an unrenovated basement, indicating a property that has been maintained in its original state rather than extensively updated. It last sold for $480,000 in May 2024.

Key Characteristics & Appeal

The primary appeal of this property lies in its generous proportions and its position as a solid, unmodernized canvas in a sought-after neighbourhood. Its living space is significantly larger than typical homes in the area, offering room to grow. The lot size is also a considerable asset, providing ample yard space that is less common in newer developments. The home would suit a buyer looking for character and space who is prepared to take on updates over time. It’s ideal for someone who values the established streetscape of Deer Lodge and prefers to customize a home to their own taste, rather than paying a premium for someone else’s renovations. A less obvious perspective is that the home’s “as-is” condition, particularly the basement, could be seen as an opportunity to insulate, wire, and plumb to modern standards without first undoing recent, but potentially insufficient, upgrades.

Frequently Asked Questions

1. What does “above average for living area” actually mean for daily life?
With 1,744 sqft, this home offers roughly 550 more square feet of living space than the average Deer Lodge home. In practical terms, this typically translates to more generous room sizes, additional storage areas, or a more flexible floor plan compared to many area properties.

2. The basement is noted as “not renovated.” What should I expect?
This indicates the basement remains in a largely original or utilitarian state. Buyers should anticipate basic finishes, older mechanical systems potentially in need of assessment, and a space that, while functional, offers significant potential for future development into a rec room, home office, or additional suites.

3. How does the recent sale price relate to the assessed value?
The sale price of $480,000 is substantially higher than the listed assessed value of $37,300. This is normal, as municipal assessed values in Manitoba are for tax purposes and are not intended to reflect current market value. The sale price is the true indicator of its recent worth.

4. Is a 1922 home a concern?
While it offers classic charm, a home of this age requires a mindful approach. Prospective buyers should prioritize a thorough inspection focusing on the foundation, original wiring and plumbing, roof condition, and energy efficiency. Its longevity also suggests solid craftsmanship, but updating these core systems is a likely consideration.

5. What are the advantages of a detached garage?
A detached garage provides flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home’s living space. It also reduces noise from the garage entering the house. However, it does mean a walk to and from the vehicle in winter weather.