404 Albany Street

Deer Lodge, Winnipeg

Property score

41.4

Below average

Overall 41.4 · Smaller and older than most nearby homes

592 sqft (bottom 1%) · Built in 1922 (21 yrs older than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 9 parks nearby

Living Area

Below average

51% smaller than neighborhood avg.

Year Built

Below average

21 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

41.4 is composed by the two sections below.

Property Score

14.8Low
Living Area592 sqft8Low
Year Built192220Low
Lot Size2,923 sqft28Low
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
592 sqft
0255075100
Same streetBottom 2%Same areaBottom 1%CitywideBottom 1%
Same street · Albany Street
#140 / 143
Bottom 2% · Avg 971 sqft
Same area · Deer Lodge
#1,492 / 1,495
Bottom 1% · Avg 1,197 sqft
Citywide · Winnipeg
#193,236 / 194,458
Bottom 1% · Avg 1,342 sqft

Tax-Assessed Value

below average
172k
0255075100
Same streetBottom 5%Same areaBottom 1%CitywideBottom 5%
Same street · Albany Street
#136 / 143
Bottom 5% · Avg 274.5k
Same area · Deer Lodge
#1,485 / 1,495
Bottom 1% · Avg 312.8k
Citywide · Winnipeg
#184,791 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1922
0255075100
Same streetBottom 40%Same areaBottom 18%CitywideBottom 14%

Lot Size

around average
2,923 sqft
0255075100
Same streetBottom 34%Same areaBottom 7%CitywideBottom 9%

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

404 Albany Street — 9 amenities found within 500 m, across 1 categories, including 9 parks (nearest 222 m).

Search radius
🌳Parks9

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 6/2022CA$150k–200k
Sold price

Same street

Bottom 18%

Same area

Bottom 2%

City-wide

Bottom 6%
Sold 9/2016CA$100k–150k
Sold price

Same street

Bottom 6%

Same area

Bottom 1%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 404 Albany Street, Winnipeg

Property Overview: 404 Albany Street, Deer Lodge, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1922, presenting a straightforward opportunity in the Deer Lodge neighbourhood. Its key characteristic is its modest scale: with a living area of 592 sq. ft., it is significantly smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value, which is well below local averages. The home features a detached garage and a full, unrenovated basement on a standard-sized city lot.

The appeal lies in its simplicity and potential. It represents one of the most accessible entry points into homeownership in the city, ideal for a first-time buyer, an investor, or someone seeking a minimal footprint without the commitment of a condo. Its recent sale history suggests a stable, low-value property. The unrenovated basement, while not a finished living space, offers ample storage or future development potential. This property suits a practical buyer who views a home primarily as shelter and is comfortable with a smaller space, or an investor looking for a manageable rental property with a low entry cost. It is not suited for those needing ample living space or a move-in-ready, modernized home.

Section 2: Frequently Asked Questions

1. Is this a "teardown" or a livable home?
Based on the assessed value and sale history, it is a standing, functional home, not a vacant lot. However, its condition is likely very basic. Buyers should be prepared for a property that may require updates or maintenance to suit modern standards.

2. Why is the assessed value so much lower than the city-wide average?
The assessed value is directly tied to the home's exceptionally small size (592 sq. ft.) and its unrenovated state compared to the typical Winnipeg home. Value here is primarily in the land and the existing structure's utility as a basic dwelling.

3. What are the implications of such a small living area?
Daily life will require efficient use of space. Furniture layout, storage, and entertaining will need creative solutions. It may feel cramped for more than one or two people, but it offers very low utility costs and minimal upkeep.

4. The basement is noted as "not renovated." What does that likely mean?
This typically indicates a raw, concrete-walled space used for utilities, laundry, and storage. It is not a finished rec room or living area. Any conversion would be a future project requiring proper permits and investment.

5. Who might be interested in a property like this?
Beyond first-time buyers, it could attract an investor seeking a long-term, low-maintenance rental, someone looking to build a new home on an established lot in the future, or an individual seeking an affordable "lock-and-leave" property without condo fees.

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