400 Lyle Street

Deer Lodge, Winnipeg

Property score

68.8

Good

Overall 68.8 · Larger and newer than most nearby homes

1,354 sqft (top 27%) · 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, and 2 sports facilitys nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

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
Living Area1,354 sqft71Good
Year Built195136Low
Lot Size4,793 sqft60Fair
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

above average
1,354 sqft
0255075100
Same streetTop 18%Same areaTop 27%CitywideTop 38%
Same street · Lyle Street
#12 / 68
Top 18% · Avg 1,062 sqft
Same area · Deer Lodge
#402 / 1,495
Top 27% · Avg 1,197 sqft
Citywide · Winnipeg
#74,397 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
314k
0255075100
Same streetTop 44%Same areaTop 47%CitywideBottom 34%
Same street · Lyle Street
#30 / 68
Top 44% · Avg 310.6k
Same area · Deer Lodge
#705 / 1,495
Top 47% · Avg 312.8k
Citywide · Winnipeg
#129,291 / 194,458
Bottom 34% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 40%Same areaTop 14%CitywideBottom 29%

Lot Size

around average
4,793 sqft
0255075100
Same streetBottom 47%Same areaBottom 23%CitywideBottom 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

400 Lyle Street — 12 amenities found within 500 m, across 2 categories, including 10 parks (nearest 113 m).

Search radius
🌳Parks10
💪Sports2

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 6/2021CA$350k–400k
Sold price

Same street

Top 26%

Same area

Top 26%

City-wide

Top 46%

Related homes

Highlights & common questions: 400 Lyle Street, Winnipeg

Property Overview

This 1,354 sqft one-and-a-half storey home on a 4,793 sqft lot in Deer Lodge presents a practical opportunity in a well-established neighbourhood. Built in 1951, it features a renovated basement and sits on a quiet street. The home’s living space is notably above average for both the immediate street and the wider Deer Lodge area, offering more room than many comparable properties. Its assessed value is consistent with local norms. The property last sold in June 2021.

Key Characteristics & Appeal

The primary appeal of 400 Lyle Street lies in its efficient use of space within a mature, settled community. The above-average living area for the locale suggests a home that feels more spacious inside than its street presence might indicate, a bonus for those seeking room without a sprawling footprint. The renovated basement adds functional, modernized space. It suits first-time buyers or downsizers looking for a manageable property in a no-fuss neighbourhood, as well as value-conscious buyers who prioritize interior square footage over a large yard or a garage. A thoughtful perspective is that its very "averageness" in assessed value for the area could represent a stable, lower-risk entry point into the market, insulated from the premium prices of trendier spots. The appeal is grounded in practicality and space, not flashy amenities.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,354 sqft, the living area is in the top 18% on Lyle Street itself and the top 27% within the Deer Lodge neighbourhood, meaning it is significantly more spacious than many direct comparables.

2. What is the property’s assessed value?
The assessed value is $31,400. This is around the average for homes on Lyle Street, in Deer Lodge, and citywide, indicating it is priced consistently with the market.

3. When was the home built and has it been updated?
The home was built in 1951. The listing confirms the basement has been renovated, but the extent and date of other updates should be verified through a viewing or disclosure statement.

4. Is there a garage or parking?
The listing specifies there is no garage. Prospective buyers should inquire about dedicated driveway parking or on-street permit requirements.

5. How does the lot size compare?
The 4,793 sqft lot is around average for the street but below average for the larger Deer Lodge area, suggesting a standard yard size for the immediate location.

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