Property Overview

This 1,484 sqft, one-and-three-quarter storey home on Linwood Street in Deer Lodge presents a classic Winnipeg character home with a renovated basement. Built in 1919, it sits on a modest 3,758 sqft lot and last sold in July 2020. Its appeal lies in its above-average living space for the immediate area and the value of a move-in-ready, updated character property.

Key Characteristics & Buyer Profile

The home’s primary strength is its generous living area, which ranks in the top 25% on its own street and top 14% within the Deer Lodge neighbourhood, offering more interior space than many comparable homes. This is complemented by a renovated basement, adding functional living area. The lot size is notably compact, even for the area, which translates to lower exterior maintenance. While the 1919 build date means it’s older than most area homes, this also contributes to its classic charm and established streetscape appeal.

This property is well-suited for first-time buyers or downsizers seeking a character home with modern livability in a central neighbourhood, without the burden of a large yard. It would also appeal to a pragmatic buyer who values efficient use of space and prefers to invest time and budget into interior living areas rather than extensive landscaping. The compact lot and renovated basement suggest a home focused on interior comfort and convenience over expansive outdoor space.

Frequently Asked Questions

1. How does the lot size impact the property?
The lot is compact, ranking at the very bottom for size on Linwood Street. This means minimal yard maintenance, but also limited private outdoor space and potential for expansion. It emphasizes the home’s interior as its primary living domain.

2. The home is older than average. What should I consider?
Built in 1919, it is among the older homes in Deer Lodge. While it offers classic character, a thorough inspection is advised to understand the condition of original elements like wiring, plumbing, and the foundation, balanced against the benefits of a renovated basement.

3. The assessed value seems low. What does this indicate?
The municipal assessed value is around $30k, which is typical for the area. It’s important to understand this is for tax purposes and is not a market valuation. The last recorded sale was $300k in 2020, which is a more relevant benchmark for current market value.

4. Is the living space configuration typical for the area?
Yes. The "one & 3/4 storey" style is common in Winnipeg’s older neighbourhoods. It typically features main-floor living areas with bedrooms on the second floor, often with sloped ceilings or dormers. The renovated basement adds significant functional space that many area homes may not have.

5. What is the neighbourhood context for this property?
In Deer Lodge, this home offers more interior space than 86% of comparable properties. Its appeal is neighbourhood-centric: it provides above-average living area in a convenient, established community, making it a strong option for those prioritizing location and interior space over a large yard.