314 Winchester Street

Deer Lodge, Winnipeg

Property score

70.4

Good

Overall 70.4 · Larger than most nearby homes

1,448 sqft (top 16%) · Built in 1939 (4 yrs older than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 1 school, 1 healthcare facility, and 11 parks nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 88%Tagalog · 2%

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

70.4 is composed by the two sections below.

Property Score

62.3Fair
Living Area1,448 sqft75Good
Year Built193922Low
Lot Size5,999 sqft74Good
Neighbourhood Sales Activity37Low

Community Score

82.6Excellent
Household Income85Excellent
Education Level72Good
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

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: #46110255

Community deep dive

$100K

Median household income

$103K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

28%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)451
Labour force participation rate78%
Median age40.8
Avg household size2.4
Unemployment rate11%
Population density2652 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children28%
Median household income (2020)$100K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority9%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

above average
1,448 sqft
0255075100
Same streetTop 25%Same areaTop 16%CitywideTop 33%
Same street · Winchester Street
#27 / 110
Top 25% · Avg 1,312 sqft
Same area · Deer Lodge
#244 / 1,495
Top 16% · Avg 1,197 sqft
Citywide · Winnipeg
#64,890 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

Elite
394k
0255075100
Same streetTop 6%Same areaTop 5%CitywideTop 40%
Same street · Winchester Street
#7 / 110
Top 6% · Avg 320.2k
Same area · Deer Lodge
#82 / 1,495
Top 5% · Avg 312.8k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

around average
1939
0255075100
Same streetTop 42%Same areaBottom 31%CitywideBottom 19%

Lot Size

above average
5,999 sqft
0255075100
Same streetBottom 48%Same areaTop 15%CitywideTop 32%

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

314 Winchester Street — 19 amenities found within 500 m, across 5 categories, including 5 dining (nearest 392 m), 1 education (nearest 186 m), 1 healthcare (nearest 457 m).

Search radius
🍽️Dining5
🏫Education1
🏥Healthcare1
🌳Parks11
💪Sports1

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 4/2020CA$200k–250k
Sold price

Same street

Bottom 2%

Same area

Bottom 12%

City-wide

Bottom 15%

Related homes

Highlights & common questions: 314 Winchester Street, Winnipeg

Property Overview: 314 Winchester Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1939, presents a solid opportunity in the established Deer Lodge neighborhood. Its primary appeal lies in its strong positional value and recent updates. The home features 1,448 square feet of living space, which is notably above average for both the immediate street and the wider Deer Lodge area. A key highlight is the renovated basement, adding modern, functional space. The property sits on a generous, near 6,000 sqft lot with a detached garage.

The home’s assessed value places it in the elite tier (top 5%) for Deer Lodge, suggesting it is viewed as a premium property within this specific community. This creates an interesting dynamic: while the house is older than the Winnipeg average, its value and living space are standout features locally. It would suit buyers looking for a character home with updated essentials in a quiet, mature neighborhood, particularly those who prioritize above-average interior space and a large yard over a brand-new build. The 2020 sale indicates a relatively recent transaction, which may appeal to buyers seeking a property with a clear, modern price history.

Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The assessed value is significantly higher than the home's last sold price in 2020. Assessments are for tax purposes and can differ from market value. Buyers should use this as one data point and obtain a current market evaluation.

2. What does the "elite" assessment ranking mean for property taxes?
Being in the top 5% of assessed values for Deer Lodge typically means you will pay property taxes in a higher bracket relative to most neighbors. It's a sign of the property's official valuation strength but correlates with higher annual taxes.

3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify with the city if they are interested in rental income potential, as renovations don't automatically grant legal suite status.

4. How does the age of the home (1939) affect maintenance?
While the basement is renovated, a home of this age will likely have older major systems (like plumbing, electrical, or the roof). Prospective buyers should budget for potential updates and ensure a thorough inspection.

5. Why is the living area considered above average for the area?
Deer Lodge has many modest, character homes. At 1,448 sqft, this property offers more interior space than approximately 84% of comparable homes in the neighborhood, making it a roomier option within this established community.

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