Property Overview: 260 Winchester Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge offers a practical blend of space, location, and value. Its key characteristic is its above-average living area (1,522 sq ft), which places it comfortably within the top 20% of homes on its street and in the neighborhood. This suggests a home that feels more spacious than many of its peers. The property sits on a generous lot that is notably larger than the Deer Lodge average, providing valuable outdoor space and potential. A recently renovated basement adds functional living area and modern convenience.

The appeal lies in its established, quiet setting within a mature community, coupled with tangible space advantages. It’s a home that offers room to grow without the premium price tag of a brand-new build. It would suit first-time buyers or young families looking for a character home with more interior and yard space than typical for the area, as well as value-conscious buyers who appreciate a move-in-ready basement and the stability of an older, well-located neighborhood.

A thoughtful perspective: While the home was built in 1940, its above-average size for the street and neighborhood indicates it was likely a substantial property for its time, possibly with good original layouts and craftsmanship. The significant lot size in Deer Lodge is a long-term asset that is increasingly rare.

Frequently Asked Questions

1. How does the assessed value compare to the last sale price?
The home was last sold in December 2016 for $300,000. The current assessed value is $342,000. This difference reflects market changes over seven years and the value added by renovations, such as the updated basement.

2. Is the living space concentrated over two full floors?
As a "one-and-a-half storey" design, the living area is spread over the main floor and a partially finished second level, which is common for homes of this era. The 1,522 sq ft includes this configuration plus the renovated basement.

3. What does the "above average" ranking for lot size in Deer Lodge mean?
The lot is 5,999 sq ft, which ranks in the top 15% within the Deer Lodge neighborhood. This means you get more private outdoor space than most homes in the immediate area, a key advantage for gardening, play, or entertaining.

4. The home is older—what should I consider?
Built in 1940, the home is around the average age for Winchester Street but older than the Winnipeg average. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, windows, and plumbing, while also appreciating the character and build quality of the era.

5. How does the detached garage factor in?
The detached garage provides secure storage or workshop space and offers flexibility that an attached garage does not. It’s a practical feature for this style of home, but be prepared for maintenance on a separate structure and for accessing it in winter weather.