242 Overdale Street

Deer Lodge, Winnipeg

Property score

66.8

Good

Overall 66.8 · Larger but older than most nearby homes

1,360 sqft (top 26%) · Built in 1926 (17 yrs older than avg)

Located in a above-average income area with median household income of ~79.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 1 school, 3 healthcare facilitys, and 5 parks nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 83%Tagalog · 5%

Past 10 years Deer Lodge sales snapshot (~80% of all data)

Sold Count

566

Median price

400k

$/sqft

$317/sqft

Avg build year

1943

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Property score

66.8 is composed by the two sections below.

Property Score

60.6Fair
Living Area1,360 sqft71Good
Year Built192620Low
Lot Size6,014 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

76.2Good
Household Income76Good
Education Level72Good
Housing Stress74Good
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

Deer Lodge

How to read: Share of sales in each ~$50k price band for “deer lodge” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110257

Community deep dive

$80K

Median household income

$89K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

32%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)551
Labour force participation rate68%
Median age41.6
Avg household size2.1
Unemployment rate6%
Population density3673 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households32%
Couple families with children21%
Median household income (2020)$80K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$302K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority21%
Bachelor's or higher (25–64)39%
Mother tongue (1st)English · 82%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,360 sqft
0255075100
Same streetBottom 28%Same areaTop 26%CitywideTop 38%
Same street · Overdale Street
#67 / 93
Bottom 28% · Avg 1,588 sqft
Same area · Deer Lodge
#391 / 1,495
Top 26% · Avg 1,197 sqft
Citywide · Winnipeg
#73,421 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
388k
0255075100
Same streetTop 46%Same areaTop 7%CitywideTop 42%
Same street · Overdale Street
#43 / 93
Top 46% · Avg 381.5k
Same area · Deer Lodge
#104 / 1,495
Top 7% · Avg 312.8k
Citywide · Winnipeg
#80,778 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1926
0255075100
Same streetBottom 34%Same areaBottom 21%CitywideBottom 15%

Lot Size

above average
6,014 sqft
0255075100
Same streetTop 42%Same areaTop 11%CitywideTop 31%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

242 Overdale Street — 16 amenities found within 500 m, across 4 categories, including 7 dining (nearest 185 m), 1 education (nearest 213 m), 3 healthcare (nearest 191 m).

Search radius
🍽️Dining7
🏫Education1
🏥Healthcare3
🌳Parks5

Crime & Safety

Deer Lodge · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

43%

Sales History

Sold 8/2022CA$400k–450k
Sold price

Same street

Top 39%

Same area

Top 7%

City-wide

Top 28%
Sold 8/2020CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 18%

City-wide

Top 41%

Related homes

Highlights & common questions: 242 Overdale Street, Winnipeg

Property Overview: 242 Overdale Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home, built in 1926, presents a practical opportunity in the established Deer Lodge neighbourhood. Its key characteristic is a sense of balance: with 1,360 sqft of living space and a 6,014 sqft lot, it sits around the city-wide average for size but offers an above-average land parcel for its immediate area. The home features a renovated basement, adding functional living space. Its assessed value is notably strong within Deer Lodge, ranking in the top 7% of the neighbourhood, which suggests a solid foundation of value relative to nearby properties.

The appeal lies in its positioning as a character home with room to grow on a generous lot, without the premium price tag of a larger or fully modernized property. It suits a specific buyer: someone looking for a single-level layout (or with potential to add a second storey), who values a mature neighbourhood and sees potential in the land size. It’s a fit for a hands-on buyer comfortable with the upkeep of a century-old home, or an investor attracted by its desirable lot dimensions and neighbourhood value ranking. A less obvious perspective is that for Deer Lodge, this property offers a relatively rare combination—a home from the 1920s on a lot size that ranks well above the neighbourhood average, providing a blend of historic charm and spatial potential that isn't always available.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the area?
While the living area is slightly below average for Overdale Street itself, it is above the average for the broader Deer Lodge neighbourhood and aligns closely with the Winnipeg city-wide average for homes.

2. What does the “Top 7%” assessed value ranking for Deer Lodge mean?
This indicates the home’s official assessed value is higher than 93% of comparable properties in Deer Lodge. It often reflects a combination of lot size, location, and improvements (like the renovated basement), suggesting the property is considered a higher-value asset within the neighbourhood context.

3. Is the lot size a significant feature?
Yes. The lot is over 6,000 sqft, which ranks in the top 11% for size in Deer Lodge. This is a standout feature, offering more outdoor space and potential (like gardening, expansion, or additions) than many neighbouring properties.

4. Are there recent sale prices for context?
The property sold in August 2022 for $242.4k and previously in August 2020 for $37.1k. The 2020 sale appears to be a nominal or non-arms-length transaction, making the 2022 sale the more relevant market benchmark.

5. What should I consider with a 100-year-old home?
While a renovated basement is a positive update, a home from 1926 will require a thorough inspection. Key focuses should be the foundation, roof, plumbing, electrical systems, and overall structure to understand future maintenance obligations and potential upgrade costs.

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