Property Summary: 351 Winchester Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge offers a compelling blend of space, location, and value. Built in 1940, it sits on a generously sized lot of over 6,000 sq ft, providing ample outdoor space that is above average for both the street and the neighbourhood. With 1,479 sq ft of living area, the home is notably spacious compared to many in the immediate area, and it features a renovated basement.

The primary appeal lies in its strong positional value. The assessed value places it in the top tier for Deer Lodge and Winchester Street itself, suggesting it is a well-regarded property in its local context. This isn't just a standard city-average home; it's a standout property within its established community. It would suit buyers looking for a character home with room to breathe, who prioritize a larger lot and more interior space over a newer build. It's ideal for someone seeking a solid investment in a mature neighbourhood where the property metrics outperform many of its peers.

Frequently Asked Questions

1. How does this home’s value compare to others?
Its assessed value is in the top 5% for the Deer Lodge neighbourhood and top 6% for Winchester Street, indicating it is considered a higher-value property locally compared to many surrounding homes.

2. Is the lot size a significant feature?
Yes. At 6,003 sq ft, the land area is above average for both the street and Deer Lodge, offering more private outdoor space than many comparable properties.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification with the seller or listing agent regarding the finishes, layout, and whether it includes a legal suite or additional living space.

4. The home was built in 1940. What should I consider?
While the structure is older, the above-average assessed value suggests it has been maintained or updated. A thorough inspection is recommended to understand the condition of major aging components like the roof, wiring, and plumbing.

5. How does the living space feel for a 1.5-storey layout?
With 1,479 sq ft, it offers more room than the neighbourhood average. The 1.5-storey style typically features bedrooms on the upper floor, which can have sloped ceilings. The renovated basement likely adds significant functional space to the overall footprint.