388 Albany Street

Deer Lodge, Winnipeg

Property score

53.5

Fair

Overall 53.5 · Smaller but newer than most nearby homes

805 sqft (bottom 11%) · Built in 1950 (7 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 10 parks, and 1 place of worship nearby

Living Area

Below average

33% smaller than neighborhood avg.

Year Built

Above average

7 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

53.5 is composed by the two sections below.

Property Score

35.0Low
Living Area805 sqft32Low
Year Built195030Low
Lot Size4,385 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

81.2Excellent
Household Income82Excellent
Education Level63Fair
Housing Stress93Excellent
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: #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.

Rankings

Living Area

below average
805 sqft
0255075100
Same streetBottom 29%Same areaBottom 11%CitywideBottom 9%
Same street · Albany Street
#101 / 143
Bottom 29% · Avg 971 sqft
Same area · Deer Lodge
#1,334 / 1,495
Bottom 11% · Avg 1,197 sqft
Citywide · Winnipeg
#176,209 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
286k
0255075100
Same streetTop 43%Same areaBottom 26%CitywideBottom 26%
Same street · Albany Street
#62 / 143
Top 43% · Avg 274.5k
Same area · Deer Lodge
#1,112 / 1,495
Bottom 26% · Avg 312.8k
Citywide · Winnipeg
#144,843 / 194,458
Bottom 26% · Avg 390.1k

Year Built

above average
1950
0255075100
Same streetTop 35%Same areaTop 17%CitywideBottom 28%

Lot Size

around average
4,385 sqft
0255075100
Same streetTop 36%Same areaBottom 13%CitywideBottom 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

388 Albany Street — 11 amenities found within 500 m, across 2 categories, including 10 parks (nearest 175 m).

Search radius
🌳Parks10
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%

Sales History

Sold 5/2020CA$200k–250k
Sold price

Same street

Top 44%

Same area

Bottom 22%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 388 Albany Street, Winnipeg

Property Overview: 388 Albany Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Deer Lodge is a practical and affordable entry point into the Winnipeg market. Its key characteristics include 805 sqft of living space, a renovated basement, a detached garage, and a 4,385 sqft lot, all built in 1950. The appeal lies in its relative value and manageable scale. While the living area is modest compared to area averages, the home sits on a lot that is larger than many in the immediate neighbourhood, offering valuable outdoor space. The recently renovated basement adds functional living area. With an assessed value significantly below the citywide average, it presents a lower financial barrier to entry.

This property would best suit first-time homebuyers, downsizers, or practical investors looking for a straightforward, low-maintenance home in a well-established community. Its size is ideal for individuals, couples, or small families who prioritize financial accessibility and a decent yard over expansive interior square footage. A thoughtful perspective is that a smaller, efficiently designed home on a good-sized lot can offer greater long-term flexibility and lower utility costs than a larger, more expensive property.

Section 2: Frequently Asked Questions

1. Is the house particularly small?
Yes, at 805 sqft, the living area is below average for Deer Lodge and Winnipeg overall. However, the renovated basement provides additional functional space, and the lot size is actually above average for the immediate street.

2. What does the assessed value indicate?
The assessed value of $28,600 is below the city average but is around the typical value for Albany Street itself. This generally suggests the home is priced accessibly within its specific local context, not that it is undervalued.

3. How does the year built affect the home?
Built in 1950, the home is older than most in Deer Lodge but is typical for its street. Buyers should budget for maintenance consistent with a home of this age and consider the potential for older building materials and systems.

4. Who might the detached garage benefit?
The detached garage is a valuable asset for anyone needing workshop space, secure storage, or parking protected from the elements. It also provides flexibility that an attached garage does not.

5. Based on the data, what is the core trade-off here?
The data suggests you are trading interior square footage for lot size and affordability. You get a larger-than-average lot for the street and a lower price point, but the living space is compact. This is a classic value proposition for budget-conscious buyers.

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