Property Overview & Key Characteristics

This one-and-a-half storey home in Deer Lodge presents a practical and updated living space. Its key appeal lies in a recently renovated basement and a detached garage, offering immediate utility and extra storage or workshop potential. With 1,284 sqft of living space, it sits comfortably around the average size for its street and neighbourhood, making it a straightforward, manageable property.

A less obvious point of appeal is its year of construction. Built in 1950, it is notably newer than many homes on its street and in Deer Lodge, which may suggest fewer concerns related to very old infrastructure. The lot size, while below average for the immediate street, is typical for the wider area. The home last sold in May 2023 for $350,000, and its current assessed value is positioned around the middle of the pack locally.

This property would suit first-time buyers or downsizers looking for a move-in-ready home with foundational updates already completed. It’s also a sensible fit for those who value the character and established feel of Deer Lodge but prefer a home built in the mid-century era rather than the earlier decades common to the area.

Frequently Asked Questions

Is the basement renovation a full legal suite?
The details confirm a renovated basement, but not that it is a legal, separate suite. Buyers should verify its compliance with local codes if intending to use it for rental income.

How does the assessed value relate to the expected sale price?
The home is assessed at approximately $326,000 but sold for $350,000 in 2023. In Winnipeg, assessed value is for municipal tax purposes and often differs from market value. The recent sale price is a more current indicator of its market worth.

What are the implications of the lot size being "below average" for the street?
While the 5,597 sqft lot is smaller than many on Guildford Street, it remains a good-sized city lot. This could mean slightly less yard maintenance than neighbours, but also potentially less privacy or expansion space compared to the largest lots on the block.

The home is described as "one & 1/2 storey." What does that typically mean?
This style often features a main floor with principal rooms and a second floor under sloping rooflines, which may include cozy bedrooms or converted attic space. It’s a classic Winnipeg design that efficiently uses space.

Are the rankings comparing this home to similar properties?
Yes. The rankings compare this home to others on the same street, in Deer Lodge, and citywide across metrics like size and value. It shows the home is generally average to above-average within its immediate neighbourhood context, which can be more relevant than citywide comparisons.