Property Overview

This one-storey home at 223 Moorgate Street in Deer Lodge presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1928, its key characteristic is its sense of proportion and modesty. At 1,174 sqft, the living space is squarely average for the area, offering a manageable footprint. The home sits on a 5,587 sqft lot, which is typical for Deer Lodge and provides decent outdoor space. A notable feature is the renovated basement, adding functional living area, and the property includes a detached garage. Its assessed value is relatively low compared to its immediate street, but aligns with broader area averages, suggesting it may represent a value-conscious entry point into the neighbourhood.

The appeal lies in its straightforward, no-frills character within a mature community. It suits a first-time homebuyer or a downsizer looking for a single-level layout without the premium of a fully modernized home. A thoughtful perspective is that its older vintage (1928) and lower assessment could appeal to someone interested in putting their own stamp on a property over time, without overpaying for recent upgrades they might later replace. It’s a home for those who prioritize location and lot size over modern finishes and who see potential in a solid, renovated basement and a classic detached garage.

Frequently Asked Questions

1. Is this a small house?
The living area is 1,174 sqft, which is very close to the average size for both the Deer Lodge neighbourhood and the city of Winnipeg as a whole. It is a comfortably average-sized home for the market.

2. Why is the assessed value lower than others on the street?
The assessment is below the average for Moorgate Street itself. This is often influenced by the home's older year of construction (1928) compared to many neighbours, and possibly by its interior condition or features relative to others. It’s important to review the interior to understand the full context.

3. What does the "renovated basement" mean?
The listing confirms the basement has been renovated, but the scope and quality of that renovation are not detailed. A prospective buyer should inquire about what was done, when, if permits were pulled, and how the space is currently used (e.g., recreation room, additional bedroom).

4. How does the age of the home affect things?
Built in 1928, the home is older than most in the area. This can mean charming character but also a greater likelihood of older components (like plumbing, electrical, or the roof) needing attention or updates. A thorough inspection is highly recommended.

5. Is the lot a good size?
At just over 5,500 sqft, the lot is standard for Deer Lodge. It offers a good balance of yard space for gardening or recreation without being overly large to maintain. It is not an exceptionally large lot, but is certainly not small for an inner-city neighbourhood.