Property Overview: 235 Winchester Street, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-three-quarter storey home, built in 1929, offers a blend of established neighborhood character and practical space. Its key appeal lies in its generous living area of 1,586 sq ft, which ranks well above average for both the immediate street and the Deer Lodge area. This suggests a home with more interior room than many of its peers. The property sits on a 5,864 sq ft lot, providing a substantial and private outdoor space that is notably larger than many lots in the wider neighborhood.

The home features a detached garage and an unrenovated basement, presenting a classic canvas. Its assessed value positions it as a more accessible entry point within its context, which could appeal to buyers looking for value in a well-located area. This property would suit a practical buyer who prioritizes interior and land space over modern finishes, and who sees potential in a solid, character home. It’s a fit for someone comfortable with a home of its era, possibly viewing the basement as a future project, and who values the established, quiet streets of Deer Lodge.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,586 sq ft, the living area is notably larger than the average home on Winchester Street and in the Deer Lodge area, placing it in the top 14% and 8% respectively for size.

2. What is the significance of the assessed value being "below average"?
The assessed value is below the average for comparable homes on its street and citywide. This typically indicates a lower property tax assessment and can represent a value opportunity, but it may also reflect the home’s age and condition relative to updated properties.

3. Is the lot size a pro or a con?
It depends on priority. The lot is smaller than most on Winchester Street but is actually larger than the average lot in the broader Deer Lodge area. This offers a good balance of manageable yard maintenance with more outdoor space than many neighborhood homes.

4. What should I know about the "unrenovated basement"?
This indicates the basement remains in its original or older state, without modern finishing. It provides functional space and storage but represents a potential future project for finishing or updating according to a new owner's needs.

5. The home is nearly 100 years old. What does that mean for a buyer?
A 1929 build offers classic charm and sturdy construction but comes with expectations. Buyers should budget for maintenance consistent with its age and consider a thorough inspection. The older build date also means the home likely lacks modern open-concept layouts, favoring defined rooms.