412 Lyle Street

Deer Lodge, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Newer than most nearby homes

1,053 sqft (bottom 34%) · Built in 1951 (8 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: 9 parks, and 2 sports facilitys nearby

Living Area

Below average

12% smaller 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

62.0 is composed by the two sections below.

Property Score

49.2Low
Living Area1,053 sqft52Fair
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

around average
1,053 sqft
0255075100
Same streetTop 34%Same areaBottom 34%CitywideBottom 34%
Same street · Lyle Street
#23 / 68
Top 34% · Avg 1,062 sqft
Same area · Deer Lodge
#994 / 1,495
Bottom 34% · Avg 1,197 sqft
Citywide · Winnipeg
#128,770 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
329k
0255075100
Same streetTop 24%Same areaTop 33%CitywideBottom 39%
Same street · Lyle Street
#16 / 68
Top 24% · Avg 310.6k
Same area · Deer Lodge
#486 / 1,495
Top 33% · Avg 312.8k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · 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

412 Lyle Street — 11 amenities found within 500 m, across 2 categories, including 9 parks (nearest 151 m).

Search radius
🌳Parks9
💪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 2/2020CA$250k–300k
Sold price

Same street

Bottom 47%

Same area

Bottom 40%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 412 Lyle Street, Winnipeg

Property Overview: 412 Lyle Street, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-storey home on Lyle Street is a practical and well-situated property in the Deer Lodge neighbourhood. Built in 1951, it offers just over 1,050 square feet of living space with a renovated basement, sitting on a nearly 4,800 sqft lot. The home presents as a solid, average-sized option for the immediate street and area, though its assessed value ranks above average for the block, suggesting it may be in good condition or offer desirable features not immediately apparent in the basic metrics.

Its primary appeal lies in its balance and location. It’s a home that doesn’t stand out for extreme size or newness, but rather for being a competent, renovated offering in a mature neighbourhood. The renovated basement adds functional living space, a key asset. It would suit first-time buyers or downsizers looking for a manageable, single-level layout without major renovation projects. A thoughtful perspective is that its "above average" assessment on its own street could indicate it's a standout property on the block, potentially offering better finishes or updates than its direct neighbours, which is a smart value consideration often overlooked.

Frequently Asked Questions

1. How does this home compare to others in Deer Lodge?
The home is very typical for the Deer Lodge area in terms of living space and assessed value, ranking around the average. Its lot size is somewhat smaller than the neighbourhood average, but its year built is newer than many area homes.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the selling agent, as it could range from updated finishes to the addition of legal living space or separate suites.

3. Is the home suitable for someone wanting no yard work?
With a lot size under 5,000 sqft, the yard is manageable. The absence of a pool or extensive landscaping mentioned suggests outdoor maintenance would be relatively straightforward.

4. There's no garage listed. Is there other parking?
The listing specifies no garage. It is essential to verify on-site parking options, such as a driveway or designated street parking, as this can vary significantly on older streets.

5. The home last sold in 2020. What does that mean?
It sold in February 2020 for $27,700. This is significantly lower than its current assessed value of $32,900, which typically reflects a municipal valuation for tax purposes, not market price. The 2020 sale price may have been for a substantially different property condition prior to renovations.

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