Property Overview

This one-and-a-half storey home in Deer Lodge presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1950, it features 1,262 sqft of living space, a renovated basement, a detached garage, and sits on a standard 5,602 sqft lot. The home’s assessed value is notably above average for Deer Lodge, suggesting it may be in better condition or have more desirable features than many local comparables. Its appeal lies in its relative modernity for the area—it’s newer than most homes on its street and in the neighbourhood—combined with the move-in readiness implied by a renovated basement. It would suit first-time buyers or downsizers looking for a manageable, updated home in a mature community without the premium of a brand-new build. A thoughtful perspective is that while its size is average citywide, it offers more space than the typical Deer Lodge home, providing a relative value within the local context.

Frequently Asked Questions

What does the “above average” assessed value for Deer Lodge indicate?
It typically suggests the property is in better condition, has more updates, or possesses features that the city assessor values more highly than many neighbouring homes. It’s a useful data point for comparing quality within the area.

How significant is the 1950 build year for this street?
Very. The data shows this home is in the top 5% for year built on Guildford Street, meaning it’s one of the newest homes there. This often correlates with newer mechanical systems, wiring, and layout preferences.

Is the living space sufficient for a family?
At 1,262 sqft, it is slightly below the average for the street but above the average for Deer Lodge. It would be suitable for a small to medium-sized family, especially with the additional finished space in the renovated basement.

What is the significance of the 2022 sale price?
The home sold for $402,000 in June 2022, a price that ranked in the top 5% for the street at that time. This historical sale indicates strong past market interest and can be a benchmark, though current value is influenced by today’s market conditions.

What are the implications of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or project space without concerns about fumes or noise in the house. However, it requires going outdoors to access, which can be a consideration during Winnipeg winters.