394 Moorgate Street

Deer Lodge, Winnipeg

Property score

59.8

Fair

Overall 59.8 · Smaller but newer than most nearby homes

913 sqft (bottom 19%) · Built in 1949 (6 yrs newer than avg)

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

Transit 68.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 1 healthcare facility, 1 shop, and 2 sports facilitys nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Above average

6 yrs newer than neighborhood avg.

Mother tongue

English · 84%French · 5%

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

59.8 is composed by the two sections below.

Property Score

44.1Low
Living Area42
913 sqftLow
Year Built30
1949Low
Lot Size74
5,610 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

83.4Excellent
Household Income85
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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: #46110267

Community deep dive

$100K

Median household income

$118K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

23%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)416
Labour force participation rate73%
Median age36.0
Avg household size2.5
Unemployment rate3%
Population density2773 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households23%
Couple families with children29%
Median household income (2020)$100K

Housing

Renter households58%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority6%
Bachelor's or higher (25–64)32%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 4%

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

Rankings

Living Area

below average
913 sqft
0255075100
Same streetBottom 7%Same areaBottom 19%CitywideBottom 18%
Same street · Moorgate Street
#100 / 107
Bottom 7% · Avg 1,241 sqft
Same area · Deer Lodge
#1,209 / 1,495
Bottom 19% · Avg 1,197 sqft
Citywide · Winnipeg
#160,062 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
320k
0255075100
Same streetTop 49%Same areaTop 41%CitywideBottom 36%
Same street · Moorgate Street
#52 / 107
Top 49% · Avg 325.4k
Same area · Deer Lodge
#615 / 1,495
Top 41% · Avg 312.8k
Citywide · Winnipeg
#125,394 / 194,458
Bottom 36% · Avg 390.1k

Year Built

Elite
1949
0255075100
Same streetTop 4%Same areaTop 27%CitywideBottom 27%

Lot Size

above average
5,610 sqft
0255075100
Same streetTop 12%Same areaTop 29%CitywideTop 40%

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

394 Moorgate Street — 8 amenities found within 500 m, across 5 categories, including 2 dining (nearest 325 m), 1 healthcare (nearest 218 m), 1 shopping (nearest 379 m).

Search radius
🍽️Dining2
🏥Healthcare1
🛒Shopping1
💪Sports2
Worship2

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 9/2019CA$200k–250k
Sold price

Same street

Bottom 3%

Same area

Bottom 21%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 394 Moorgate Street, Winnipeg

Property Overview: 394 Moorgate Street, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home in Deer Lodge presents a practical opportunity centered on its generous lot and established location. At 913 sq ft, the living space is compact, ranking below average for the area, but it sits on a larger-than-average 5,610 sq ft lot, offering valuable outdoor space and potential. The home itself is a 1949 build, which is notably older than most on its street, suggesting a classic character but also a focus on maintenance. Its assessed value is firmly in the mid-range for the city, indicating a manageable entry point into the market.

The primary appeal lies in this balance: a competitively priced home on a substantial lot in a mature, stable neighbourhood. It suits a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values land size over square footage and is prepared for the upkeep of an older home. The renovated basement adds functional living space, offsetting the smaller main floor. A thoughtful perspective is that its below-average size and older age, while often seen as drawbacks, contribute directly to its affordability and reduce property tax obligations compared to larger, newer builds on similar lots.


Frequently Asked Questions

1. Is the house in need of major updates?
As a 1949 build, it is among the oldest on the street. While the basement has been renovated, prospective buyers should budget for and investigate the condition of major aging components like the roof, windows, plumbing, and electrical systems.

2. How does the lot size compare to others?
The land area is a key feature. At 5,610 sq ft, it is above average for both Moorgate Street and the wider Deer Lodge area, providing more yard space than many comparable properties.

3. Why is the assessed value average when the house is smaller and older?
The assessed value reflects a combination of factors. While the living area is modest and the home is older, these are balanced by the desirable lot size and the established neighbourhood, resulting in a mid-range valuation.

4. What is the neighbourhood like?
Deer Lodge is a long-established residential area in Winnipeg. The property's metrics show it is a neighbourhood of varied home sizes and ages, offering a quiet, settled community feel with convenient access to city amenities.

5. Was the last sale price typical?
The home sold in September 2019 for $24,500. This is not a typical market sale price and likely represents a transfer between family members or a sale with existing financial arrangements. It should not be used as a benchmark for the property's current market value.