Property Overview: 349 Guildford Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge presents a compelling blend of established character and modern updates. Built in 1950, it is notably newer than many homes on its street and in the neighbourhood, offering a potential advantage in terms of foundational wear and original building materials. The 1,251 sqft living space is comfortably sized and sits on a generous 5,608 sqft lot, providing ample outdoor space for a mature area.

The home’s primary appeal lies in its significant value proposition. Its assessed value ranks in the top 8% on Guildford Street and the top 7% in Deer Lodge, suggesting it is a well-maintained or improved property relative to its immediate peers. This is bolstered by a recently renovated basement, adding functional living space. The detached garage is a practical asset for vehicle storage or workshop use.

This property would suit a practical buyer looking for a move-in ready home in a stable, established neighbourhood. It’s ideal for first-time homeowners seeking a solid entry into the market without sacrificing space, or for downsizers who want a manageable home with room for a garden or visitors. The strong assessment metrics indicate it’s a home that stands out for its condition and updates within its local context, rather than just its size.

Section 2: Frequently Asked Questions

1. What does the high assessed value ranking actually mean?
It indicates that, compared to similar homes on the same street and in Deer Lodge, this property has been assessed at a value higher than most. This often reflects recent renovations (like the basement), superior maintenance, or desirable features that appraisers recognize.

2. Is the living area sufficient for a growing family?
At 1,251 sqft, it is slightly below the average for the street but above the neighbourhood average. The renovated basement effectively expands usable space. It would suit a small to medium-sized family, but those needing multiple large bedrooms or dedicated formal spaces should verify the specific room layout.

3. How does the 1950 build year compare?
While 76 years old, the data shows this home is actually newer than 95% of comparable homes on Guildford Street and 83% in Deer Lodge. This can be a positive indicator for the state of major aging components like wiring, plumbing, and the roof compared to older neighbours.

4. What are the implications of the lot size?
The lot is above average for the street and neighbourhood. This offers more private outdoor space, better potential for gardening, landscaping, or additions, and possibly more distance from neighbouring homes than is typical in the area.

5. The home sold recently in 2022. What should I consider?
The 2022 sale provides a very recent market price benchmark. It’s important to understand why the current owners are selling after a relatively short period and to confirm what, if any, additional upgrades have been made since that purchase. A title search and professional inspection are always recommended.