Property Overview: 404 Sharp Boulevard, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-a-half storey home on Sharp Boulevard is a classic post-war property built in 1949, offering a well-proportioned living space of 1,380 sqft on a notably generous lot. Its key appeal lies in its established setting and solid fundamentals. The home features a detached garage and an unrenovated basement, presenting a straightforward canvas for future updates.

Statistically, the property stands out in its immediate Deer Lodge neighbourhood for its larger-than-average land area (over 6,400 sqft, ranking in the top 3% locally), offering valuable outdoor space and potential. While the living area and assessed value are generally around the average for the street and city, the home's age is a relative advantage on its block, being newer than most comparable homes nearby.

This home would suit a practical buyer who values space and location over turn-key finishes. It's ideal for someone comfortable with gradual improvements, a gardener or outdoor enthusiast appreciating the sizable lot, or an investor looking for a character home in a stable neighbourhood. Its unrenovated basement is a project waiting for a vision, whether for additional living space, storage, or a rental suite (subject to approvals).

Frequently Asked Questions

1. What is the true value proposition here?
The value is anchored in the land size and location. You are purchasing a proportionally large lot in a mature neighbourhood, with the house itself representing a solid, average-condition asset with clear potential for value-adding updates.

2. Is the basement finished or usable as-is?
The basement is noted as "not renovated." Buyers should anticipate it requiring work to be fully finished living space and budget for necessary inspections regarding moisture, insulation, and foundational integrity common with homes of this era.

3. How does the assessed value relate to the likely sale price?
The assessed value is for municipal tax purposes. The last recorded sale was in late 2021. The current market price will be determined by recent sales of comparable properties, buyer demand, and the home's present condition, and may differ significantly from the assessed figure.

4. What are the less obvious considerations with a 1949 build?
While newer than many on its street, a home from 1949 will have aging core components. Prospective buyers should pay special attention to the condition of the electrical system, plumbing, original windows, and roof. The "one-and-a-half storey" design often means unique upstairs spaces with sloped ceilings.

5. What makes Deer Lodge a desirable neighbourhood?
Deer Lodge is a long-established, quiet residential area known for its tree-lined streets, proximity to parks like Assiniboine Park, and community amenities. It offers a sense of stability and convenience without the premium price tag of some adjacent areas.