407 Albany Street

Deer Lodge, Winnipeg

Property score

69.7

Good

Overall 69.7 · Newer than most nearby homes

1,215 sqft (top 46%) · Built in 1974 (31 yrs newer 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: 8 parks, and 1 place of worship nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Above average

31 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

69.7 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,215 sqft66Good
Year Built197458Fair
Lot Size4,997 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
1,215 sqft
0255075100
Same streetTop 16%Same areaTop 46%CitywideTop 49%
Same street · Albany Street
#23 / 143
Top 16% · Avg 971 sqft
Same area · Deer Lodge
#687 / 1,495
Top 46% · Avg 1,197 sqft
Citywide · Winnipeg
#94,887 / 194,458
Top 49% · Avg 1,342 sqft

Tax-Assessed Value

above average
337k
0255075100
Same streetTop 22%Same areaTop 26%CitywideBottom 42%
Same street · Albany Street
#31 / 143
Top 22% · Avg 274.5k
Same area · Deer Lodge
#396 / 1,495
Top 26% · Avg 312.8k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 28%Same areaTop 6%CitywideTop 42%

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

407 Albany Street — 9 amenities found within 500 m, across 2 categories, including 8 parks (nearest 256 m).

Search radius
🌳Parks8
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 8/2024CA$300k–350k
Sold price

Same street

Top 13%

Same area

Top 38%

City-wide

Bottom 45%
Sold 10/2019CA$300k–350k
Sold price

Same street

Top 14%

Same area

Top 39%

City-wide

Bottom 43%

Related homes

Highlights & common questions: 407 Albany Street, Winnipeg

Property Overview: 407 Albany Street, Deer Lodge, Winnipeg

Key Characteristics & Appeal

This well-situated one-storey home in Deer Lodge offers a practical and comfortable living space with notable advantages in its immediate area. Built in 1974, it is a newer construction compared to many homes on its street and in the established neighbourhood. With 1,215 sqft of living area and a recently renovated basement, it provides ample space for a small family, downsizers, or an investor. A key feature is the detached garage and the generous, nearly 5,000 sqft lot, which is significantly larger than many neighbouring properties, offering valuable outdoor space and potential.

The home’s primary appeal lies in its strong positional value within a specific context. While its metrics are around the city-wide average, it consistently ranks above average for its street and neighbourhood in key categories like living area, assessed value, and land size. This suggests a property that stands out positively in its local market. The recent sale in August 2024 indicates a modern, market-refreshed value.

It would suit a first-time buyer seeking a move-in-ready home with a low-maintenance layout, a downsizer looking for single-level living with a sizable yard, or a pragmatic buyer who values a property that outperforms its immediate peers on core metrics like lot size and modernity.


Frequently Asked Questions

1. How does this home compare to others in Deer Lodge?
The data shows it compares favourably. It’s newer than 94% of homes in Deer Lodge, has above-average living space and assessed value for the area, and sits on a lot size that is typical for the neighbourhood.

2. What is the significance of the lot size?
At 4,997 sqft, the lot is in the top 16% for size on Albany Street. This is a less obvious advantage that provides more private outdoor space than direct neighbours, room for gardening, play, or future additions like a shed or deck, which is a premium in established communities.

3. The assessed value seems low compared to the recent sale price. Why?
Municipal assessed value (33.70k) is for tax purposes and is typically much lower than market value. The market-determined sale price of 320k in August 2024 is the relevant figure for current value.

4. What type of buyer would this layout best suit?
The one-storey (bungalow) style with a renovated basement is ideal for those seeking minimal stairs, offering easy living for young families, empty-nesters, or anyone with mobility considerations. The basement adds flexible space for recreation, a home office, or guest quarters.

5. Is the detached garage a plus or a minus?
This depends on preference. A detached garage provides excellent storage or workshop space separate from the house. For some, it’s a benefit for hobbies or parking. For others, who prioritize the convenience of an attached garage in Winnipeg winters, it would be a consideration to note.

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