413 Winchester Street

Deer Lodge, Winnipeg

Property score

61.5

Fair

Overall 61.5 · Older than most nearby homes

1,024 sqft (bottom 31%) · Built in 1920 (23 yrs older than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 8 parks, and 3 sports facilitys nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

23 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

61.5 is composed by the two sections below.

Property Score

48.4Low
Living Area1,024 sqft52Fair
Year Built192016Low
Lot Size6,002 sqft81Excellent
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
1,024 sqft
0255075100
Same streetBottom 22%Same areaBottom 31%CitywideBottom 29%
Same street · Winchester Street
#86 / 110
Bottom 22% · Avg 1,312 sqft
Same area · Deer Lodge
#1,030 / 1,495
Bottom 31% · Avg 1,197 sqft
Citywide · Winnipeg
#138,972 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

below average
227k
0255075100
Same streetBottom 2%Same areaBottom 5%CitywideBottom 13%
Same street · Winchester Street
#108 / 110
Bottom 2% · Avg 320.2k
Same area · Deer Lodge
#1,426 / 1,495
Bottom 5% · Avg 312.8k
Citywide · Winnipeg
#170,146 / 194,458
Bottom 13% · Avg 390.1k

Year Built

below average
1920
0255075100
Same streetBottom 16%Same areaBottom 17%CitywideBottom 13%

Lot Size

above average
6,002 sqft
0255075100
Same streetTop 18%Same areaTop 12%CitywideTop 31%

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

413 Winchester Street — 11 amenities found within 500 m, across 2 categories, including 8 parks (nearest 59 m).

Search radius
🌳Parks8
💪Sports3

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 7/2022CA$300k–350k
Sold price

Same street

Bottom 44%

Same area

Top 48%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 413 Winchester Street, Winnipeg

Property Overview

413 Winchester Street is a one-and-a-half storey home in Winnipeg's Deer Lodge neighbourhood, built in 1920. Its key appeal lies in the combination of a generous, above-average lot and a price point that sits significantly below area averages, presenting a clear value proposition for a specific set of buyers.

Key Characteristics & Buyer Profile

The home itself is modest, with 1,024 sqft of living space that is below average for the street and city. It features a basement that is noted as not being renovated. There is no garage or pool. The standout physical feature is the 6,002 sqft lot, which is larger than most in the immediate area and offers substantial outdoor space relative to the home's footprint.

Its primary appeal is its accessible price. With a current assessed value far below local averages, it represents a lower barrier to entry into the Deer Lodge community. This positions the property not as a move-in-ready dream home, but as a strategic opportunity. It would suit a hands-on buyer looking for a long-term project—someone who values land size over a modernized interior and is prepared to renovate over time. It could also appeal to an investor seeking a land-value play in a well-established neighbourhood. A less obvious perspective is that the large lot and low structure value might make it a candidate for future expansion or redevelopment, subject to local zoning, offering potential that isn't available on smaller, more built-up parcels.


Frequently Asked Questions

1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on the property's current state, including the older, unrenovated home and its below-average living area. It primarily reflects the value of the land and the existing structure as-is, not a renovated or expanded potential.

2. What does "not renovated" for the basement typically imply?
This usually indicates original or older finishes, mechanical systems, and possibly moisture concerns common in homes of this era. Buyers should budget for updates and include a thorough inspection to understand the scope of work needed.

3. Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is a key asset. While any expansion would require permits and adherence to zoning bylaws, the property offers more flexibility for additions, a garage, or landscaping than many standard lots in the area.

4. How does the sale history (last sold in 7/2022 for $300k) relate to the current assessed value?
The 2022 sale price provides a recent market benchmark. The current assessed value being lower suggests the municipality views the property's taxable value as less than that purchase price, possibly due to its condition. It's important to note that assessed value is for taxation and may not reflect current market value.

5. What are the practical implications of having no garage?
Buyers should consider the cost and logistics of adding off-street parking, especially during Winnipeg winters. The large lot does provide space to potentially build a garage or parking pad, which would be a valuable future investment.

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