254 Albany Street

Deer Lodge, Winnipeg

Property score

59.2

Fair

Overall 59.2 · Smaller but newer than most nearby homes

863 sqft (bottom 14%) · Built in 1985 (42 yrs newer than avg)

Located in a high-income area with median household income of ~100k

Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 3 schools, 1 healthcare facility, and 2 shops nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Above average

42 yrs newer than neighborhood avg.

Mother tongue

English · 87%Punjabi · 21%

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

59.2 is composed by the two sections below.

Property Score

44.6Low
Living Area863 sqft32Low
Year Built198573Good
Lot Size4,688 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

81.2Excellent
Household Income85Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111107

Community deep dive

$100K

Median household income

$120K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

2.5

P90 / P10 ratio

23%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)549
Labour force participation rate73%
Median age44.0
Avg household size2.5
Unemployment rate20%
Population density1893 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households23%
Couple families with children30%
Median household income (2020)$100K

Housing

Renter households11%
Condominium dwellings13%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority16%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 87%
Mother tongue (2nd)

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

Rankings

Living Area

around average
863 sqft
0255075100
Same streetBottom 39%Same areaBottom 14%CitywideBottom 13%
Same street · Albany Street
#87 / 143
Bottom 39% · Avg 971 sqft
Same area · Deer Lodge
#1,282 / 1,495
Bottom 14% · Avg 1,197 sqft
Citywide · Winnipeg
#168,663 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
388k
0255075100
Same streetTop 6%Same areaTop 7%CitywideTop 42%
Same street · Albany Street
#9 / 143
Top 6% · Avg 274.5k
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

Elite
1985
0255075100
Same streetTop 20%Same areaTop 4%CitywideTop 29%

Lot Size

above average
4,688 sqft
0255075100
Same streetTop 30%Same areaBottom 15%CitywideBottom 37%

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

254 Albany Street — 25 amenities found within 500 m, across 5 categories, including 9 dining (nearest 254 m), 3 education (nearest 205 m), 1 healthcare (nearest 428 m).

Search radius
🍽️Dining9
🏫Education3
🏥Healthcare1
🛒Shopping2
🌳Parks10

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 11/2022CA$400k–450k
Sold price

Same street

Top 3%

Same area

Top 11%

City-wide

Top 33%
Sold 8/2017CA$250k–300k
Sold price

Same street

Top 28%

Same area

Bottom 47%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 254 Albany Street, Winnipeg

Property Overview: 254 Albany Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This one-storey home at 254 Albany Street presents a compelling mix of modest living space and significant underlying value. With 863 square feet of living area, the house itself is compact, ranking below the average size for both the Deer Lodge neighbourhood and Winnipeg overall. However, its key strengths lie elsewhere. The property sits on a notably generous 4,688 sqft lot for the immediate street, offering ample outdoor space relative to its closest neighbours—a valuable asset for gardening, play, or future expansion. A recently renovated basement adds functional living space.

The home’s true standout characteristic is its assessed value, which ranks in the top 7% for Deer Lodge and the top 6% on Albany Street itself. This significant metric, combined with a relatively modern build year of 1985 (newer than most in the area), suggests a well-maintained or updated property that has been valued substantially higher than many surrounding homes. The sale history shows a sharp increase in value between 2017 and 2022, indicating strong appreciation.

This property would ideally suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature neighbourhood, with the bonus of a large yard. It also appeals to the value-conscious buyer who recognizes that the official assessment and recent sale price point to a home with above-average investment in condition or upgrades for its locale, offering a solid foundation of equity.

Frequently Asked Questions

1. Is the house too small?
At 863 sqft, the living space is indeed compact, below the city average. However, the renovated basement provides additional room, and the very large lot is a trade-off that offers valuable outdoor space not typically found with homes of this size on this street.

2. Why is the assessed value so high compared to neighbouring homes?
An assessment that ranks in the top tier for the street and neighbourhood usually reflects significant improvements, updates, or superior condition relative to peers. It suggests the municipality recognizes a higher level of investment in the property.

3. What does the large difference between the 2017 and 2022 sale prices indicate?
The significant price increase over those five years points to strong market appreciation, likely driven by the home’s renovations and the desirable lot size. It underscores the property’s trend of growing in value.

4. Who would this property not suit?
It may not be ideal for those requiring extensive main-floor living space or multiple large bedrooms. The layout is best for smaller households. Buyers seeking a brand-new home or a minimal renovation project might also look elsewhere.

5. How does the lot size compare practically?
While the lot is larger than most on Albany Street, it is slightly below the city-wide average. The key perspective is that within its immediate context—where lots are typically smaller—this property offers a relative advantage in outdoor space, which is a fixed and desirable feature.

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