399 Albany Street

Deer Lodge, Winnipeg

Property score

46.8

Below average

Overall 46.8 · Smaller and older than most nearby homes

619 sqft (bottom 1%) · Built in 1928 (15 yrs older 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: 1 shop, 10 parks, and 1 place of worship nearby

Living Area

Below average

48% smaller than neighborhood avg.

Year Built

Below average

15 yrs older 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

46.8 is composed by the two sections below.

Property Score

23.8Low
Living Area15
619 sqftLow
Year Built20
1928Low
Lot Size60
4,997 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

81.2Excellent
Household Income82
Excellent
Education Level63
Fair
Housing Stress93
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: #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
619 sqft
0255075100
Same streetBottom 4%Same areaBottom 1%CitywideBottom 1%
Same street · Albany Street
#137 / 143
Bottom 4% · Avg 971 sqft
Same area · Deer Lodge
#1,487 / 1,495
Bottom 1% · Avg 1,197 sqft
Citywide · Winnipeg
#192,303 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

around average
246k
0255075100
Same streetBottom 38%Same areaBottom 8%CitywideBottom 16%
Same street · Albany Street
#88 / 143
Bottom 38% · Avg 274.5k
Same area · Deer Lodge
#1,375 / 1,495
Bottom 8% · Avg 312.8k
Citywide · Winnipeg
#162,844 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetBottom 46%Same areaBottom 24%CitywideBottom 17%

Lot Size

above average
4,997 sqft
0255075100
Same streetTop 16%Same areaBottom 45%CitywideBottom 44%

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

399 Albany Street — 12 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 485 m), 10 parks (nearest 235 m).

Search radius
🛒Shopping1
🌳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 6/2020CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 6%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 399 Albany Street, Winnipeg

Property Overview: 399 Albany Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Deer Lodge is defined by its compact efficiency and generous lot size. With 619 sqft of living space, it is notably smaller than most area homes, but it features a renovated basement, adding functional space. Built in 1928, the house sits on a large, approximately 5,000 sqft lot, which is a standout feature for the street and neighbourhood.

The primary appeal lies in its affordability and land value. With a historically low assessed value, it presents a low-barrier entry point into the Winnipeg market. The large lot offers significant potential for gardening, expansion, or future redevelopment, which is a compelling asset not immediately reflected in the current structure. This property would best suit first-time buyers, downsizers, or investors seeking a land-value opportunity. It’s a practical choice for those comfortable with a smaller interior footprint who prioritize outdoor space and future potential over immediate size and modern finishes.

Section 2: Frequently Asked Questions

1. Is the house livable in its current state, or is it a tear-down?
While the home is livable with a renovated basement, its significant value is tied to the land. Buyers should be prepared for updates but can occupy it as-is.

2. Why is the assessed value so much lower than the last sale price?
The 2020 sale price of $200k reflects the market value at that time, while the municipal assessment is typically lower and used for tax purposes. This discrepancy highlights the property's perceived market value versus its official valuation.

3. What does the large lot size mean for me?
Beyond extra yard space, the lot is larger than most on the street, offering rare potential for additions like a garage, a garden suite (subject to zoning), or a future new build.

4. How does the small living area compare to nearby homes?
At 619 sqft, the living space is significantly smaller than the Deer Lodge average (~1,200 sqft). Efficient use of space and the renovated basement will be crucial for comfort.

5. What is the neighbourhood like?
Deer Lodge is an established, quiet residential area. The property's metrics suggest it's among the more modestly sized and valued homes in the area, offering a affordable foothold in a mature community.