387 Lyle Street

Deer Lodge, ਵਿਨੀਪਿਗ

Property score

68.8

Good

Overall 68.8 · Larger and newer than most nearby homes

1,376 sqft (top 25%) · Built in 1951 (8 yrs newer than avg)

Located in a high-income area with median household income of ~93k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 10 parks, 1 sports facility, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

15% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

8 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 10%

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

68.8 is composed by the two sections below.

Property Score

60.6Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ1,376 sqft71Good
ਤਰੀਕ ਤੋਂ ਬਣਿਆ195136Low
ਜ਼ਮੀਨ4,797 sqft60Fair
Neighbourhood Sales Activity37Low

Community Score

81.2Excellent
Household Income82Excellent
Education Level63Fair
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health83Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Deer Lodge

How to read: Share of sales in each ~$50k price band for “deer lodge” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110254

Community deep dive

$93K

Median household income

$101K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

24%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)603
Labour force participation rate72%
Median age39.6
Avg household size2.5
Unemployment rate5%
Population density1230 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households24%
Couple families with children30%
Median household income (2020)$93K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$280K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority21%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Tagalog · 9%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,376 sqft
0255075100
Same streetਟਾਪ 16%Same areaਟਾਪ 25%Citywideਟਾਪ 37%
Same street · Lyle Street
#11 / 68
ਟਾਪ 16% · ਔਸਤ 1,062 sqft
Same area · Deer Lodge
#368 / 1,495
ਟਾਪ 25% · ਔਸਤ 1,197 sqft
Citywide · ਵਿਨੀਪਿਗ
#71,705 / 194,458
ਟਾਪ 37% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
295k
0255075100
Same streetਹੇਠਲੇ 29%Same areaਹੇਠਲੇ 33%Citywideਹੇਠਲੇ 28%
Same street · Lyle Street
#48 / 68
ਹੇਠਲੇ 29% · ਔਸਤ 310.6k
Same area · Deer Lodge
#1,003 / 1,495
ਹੇਠਲੇ 33% · ਔਸਤ 312.8k
Citywide · ਵਿਨੀਪਿਗ
#140,276 / 194,458
ਹੇਠਲੇ 28% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1951
0255075100
Same streetਟਾਪ 40%Same areaਟਾਪ 14%Citywideਹੇਠਲੇ 29%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
4,797 sqft
0255075100
Same streetਟਾਪ 12%Same areaਹੇਠਲੇ 27%Citywideਹੇਠਲੇ 39%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

387 Lyle Street — 12 amenities found within 500 m, across 3 categories, including 10 parks (nearest 103 m).

Search radius
🌳Parks10
💪Sports1
Worship1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

12/2016 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 37%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 37%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 29%

Related homes

ਵਿਨੀਪਿਗ 387 Lyle Street — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 387 Lyle Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge presents a compelling mix of space, location, and value. Its key characteristic is a generous living area of 1,376 sqft, which ranks well above average for both the immediate street and the wider Deer Lodge neighbourhood. This suggests a home that offers more interior room than many in the area. It sits on a notably large lot for Lyle Street at nearly 4,800 sqft, providing ample outdoor space—a relative rarity on its block. The basement has been renovated, adding functional living space. Built in 1951, it is a character home typical of the area’s established streetscapes.

The appeal lies in this balance of above-average interior and land size within a mature, convenient neighbourhood. It suits practical buyers looking for a home with room to grow or simply spread out, without the premium price tag of a brand-new build. The lower assessed value compared to city averages indicates a potentially accessible entry point into the market, appealing to first-time buyers or downsizers seeking value and space over a modern footprint. A thoughtful perspective is that this property offers "hidden" space: while the assessed value is modest, you're acquiring more house and land than is typical for the immediate vicinity, which could be a strategic long-term advantage.


Frequently Asked Questions

1. How does the home’s size compare to the area?
The living space is a standout feature. At 1,376 sqft, it is significantly larger than the average home on Lyle Street (~1,062 sqft) and in Deer Lodge (~1,197 sqft), offering more room than most comparable properties nearby.

2. What does the assessed value indicate?
The assessed value is below the citywide average, which often correlates with a more accessible price point. It's important to note that assessed value is for tax purposes; the market sale price is determined by current buyer demand.

3. Is the lot size a benefit?
Yes, particularly on this street. The lot is over 4,700 sqft, ranking in the top 12% on Lyle Street for land area. This provides generous outdoor space for gardening, play, or entertaining, which is less common on this specific block.

4. What should I know about the 1951 build date?
The home is older than many in Deer Lodge but typical for the character of the neighbourhood. This suggests potential for classic architectural details but also means a thorough inspection is wise to understand the condition of major aging components like the roof, windows, and plumbing.

5. Was the basement renovation permitted?
The listing notes a renovated basement, which adds valuable living space. It is always recommended to verify that any renovations were completed with the proper city permits to ensure they meet building code and safety standards.

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