408 Albany Street

Deer Lodge, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Older than most nearby homes

1,040 sqft (bottom 32%) · Built in 1927 (16 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

13% smaller than neighborhood avg.

Year Built

Below average

16 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

61.3 is composed by the two sections below.

Property Score

48.1Low
Living Area1,040 sqft52Fair
Year Built192720Low
Lot Size5,847 sqft74Good
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

around average
1,040 sqft
0255075100
Same streetTop 38%Same areaBottom 32%CitywideBottom 32%
Same street · Albany Street
#54 / 143
Top 38% · Avg 971 sqft
Same area · Deer Lodge
#1,020 / 1,495
Bottom 32% · Avg 1,197 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
262k
0255075100
Same streetBottom 44%Same areaBottom 14%CitywideBottom 20%
Same street · Albany Street
#80 / 143
Bottom 44% · Avg 274.5k
Same area · Deer Lodge
#1,291 / 1,495
Bottom 14% · Avg 312.8k
Citywide · Winnipeg
#155,622 / 194,458
Bottom 20% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 43%Same areaBottom 22%CitywideBottom 16%

Lot Size

Elite
5,847 sqft
0255075100
Same streetTop 4%Same areaTop 22%CitywideTop 36%

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

408 Albany Street — 9 amenities found within 500 m, across 1 categories, including 9 parks (nearest 232 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 11/2017CA$200k–250k
Sold price

Same street

Bottom 46%

Same area

Bottom 14%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 408 Albany Street, Winnipeg

Property Overview

This one-and-three-quarter storey home on Albany Street in Deer Lodge presents a classic Winnipeg character home with distinct practical advantages. Built in 1927, its key appeal lies in a generous, above-average lot size of over 5,800 square feet—a rare find that places it in the top tier for land area within its immediate area. The home itself, with 1,040 sqft of living space and a renovated basement, offers a manageable footprint. It is complemented by a detached garage. The assessed value is notably below the averages for both the Deer Lodge neighbourhood and the city, which may indicate an entry point for buyers or reflect the home's vintage. Its appeal is grounded in space and potential: the large lot offers room for gardens, play, or expansion, while the home provides a solid, renovated foundation.

This property would suit a first-time buyer or a practical downsizer looking for a character home without an overwhelming amount of interior to maintain, who values private outdoor space above sheer square footage. It’s also a fit for a buyer with a vision for gradual updates or an addition, where the below-average assessment relative to the neighbourhood could be a long-term advantage.

Frequently Asked Questions

What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style where the second floor has slightly sloped ceilings because the roof line begins partway up the wall. It often provides cozy, character-filled bedrooms but with less full-height wall space than a pure two-storey.

How significant is the lot size here?
Very. The lot is over 5,800 sqft, which ranks in the top 4% on Albany Street. This is the property's standout feature, offering significantly more yard space than most neighbouring homes and presenting opportunities not available on a standard city lot.

The assessed value seems low compared to the area. Why?
Assessments are based on market value and physical attributes. While the lot is large, the home's older age (1927) and modest living area likely factor into an assessment that sits below the Deer Lodge average. It's important to get a current market evaluation from a realtor.

What are the implications of a detached garage?
It provides flexible storage or workshop space separate from the house. The main consideration is convenience during Winnipeg winters, as you'll need to go outside to access your vehicle.

Is the renovated basement a finished living space?
The details confirm a renovated basement, which typically means it has been updated and is habitable. However, specifics on layout, ceiling height, and permits should be verified through a viewing and inspection, as standards have changed since the home was built.

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