Property Overview

This two-storey home on Moorgate Street in Deer Lodge presents a solid, well-maintained property with a classic foundation and some modern updates. Its key appeal lies in its balance of a desirable, established neighbourhood and a home that stands out positively against its immediate peers in several key metrics. The 1,248 sqft living space is typical for the area, but the property's assessed value ranks notably high on its street and in Deer Lodge, suggesting above-average condition, updates, or desirability for its specific location. A fully renovated basement adds functional living space. The lot is a standard size for the community, and the home's 1949 build date makes it one of the newer homes on its block. The detached garage offers flexibility.

This home would suit a buyer looking for a move-in-ready property in a mature neighbourhood without the premium price tag of a brand-new build. It's ideal for small families, couples, or downsizers who value the character and stability of an established area like Deer Lodge, along with the practicality of recent renovations (particularly the basement) and the convenience of a detached garage for storage or projects.

Frequently Asked Questions

1. What does the "above average" assessed value ranking mean?
It indicates that the city's assessment of this property's value is higher than most comparable homes on its street and in Deer Lodge. This often reflects recent renovations, superior maintenance, or favourable lot attributes, which can be a positive sign of condition but is also factored into property tax calculations.

2. How updated is the home?
The listing specifically notes a renovated basement. The above-average assessment for the area suggests other updates may be present, but a viewing or inquiry with the listing agent is necessary to determine the scope and age of updates to the main living areas, kitchen, and bathrooms.

3. Is the 1949 build date a concern?
While older than the citywide average, this home is actually one of the newer houses on Moorgate Street. This can mean slightly more modern construction techniques for its era and potentially less wear than some neighbours. However, as with any home over 70 years old, the condition of core components like the roof, wiring, and plumbing should be verified.

4. What are the implications of a detached garage?
A detached garage provides excellent storage, workshop space, and reduces noise or fumes from entering the house. The trade-off is the inconvenience of going outside to access your vehicle, which can be a factor during Winnipeg winters.

5. How stable is the value in this location?
The home has sold twice in recent years (2020 and 2022), with the last sale price ranking in the top 29% for the street. This activity, combined with its strong assessed value ranking locally, suggests consistent demand and value retention on this specific block within Deer Lodge.