435 Lyle Street

Deer Lodge, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller but newer than most nearby homes

976 sqft (bottom 28%) · Built in 1951 (8 yrs newer than avg)

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

Transit 64.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 8 parks nearby

Living Area

Below average

18% 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

58.4 is composed by the two sections below.

Property Score

43.2Low
Living Area976 sqft42Low
Year Built195136Low
Lot Size4,794 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
976 sqft
0255075100
Same streetTop 49%Same areaBottom 28%CitywideBottom 24%
Same street · Lyle Street
#33 / 68
Top 49% · Avg 1,062 sqft
Same area · Deer Lodge
#1,080 / 1,495
Bottom 28% · Avg 1,197 sqft
Citywide · Winnipeg
#148,657 / 194,458
Bottom 24% · Avg 1,342 sqft

Tax-Assessed Value

below average
279k
0255075100
Same streetBottom 7%Same areaBottom 22%CitywideBottom 24%
Same street · Lyle Street
#63 / 68
Bottom 7% · Avg 310.6k
Same area · Deer Lodge
#1,169 / 1,495
Bottom 22% · Avg 312.8k
Citywide · Winnipeg
#148,065 / 194,458
Bottom 24% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 40%Same areaTop 14%CitywideBottom 29%

Lot Size

around average
4,794 sqft
0255075100
Same streetTop 40%Same areaBottom 24%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

435 Lyle Street — 8 amenities found within 500 m, across 1 categories, including 8 parks (nearest 250 m).

Search radius
🌳Parks8

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 4/2017CA$200k–250k
Sold price

Same street

Bottom 21%

Same area

Bottom 23%

City-wide

Bottom 22%

Related homes

Highlights & common questions: 435 Lyle Street, Winnipeg

Property Summary: 435 Lyle Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic, renovated one-storey home in Deer Lodge, built in 1951. With 976 sqft of living space, it sits on a decent-sized lot of nearly 4,800 sqft and features a detached garage. The home’s key appeal lies in its balance of established neighbourhood character and practical updates, notably a renovated basement. Its assessed value is notably lower than many comparable homes, which can be a point of interest for buyers.

The property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature community. Its appeal is practical rather than luxurious, offering a solid entry point into the market. A thoughtful perspective is that while its living space is modest, the lot size is above average for its immediate street, offering good outdoor potential relative to its footprint. The data suggests you’re paying primarily for the home and location, not an inflated assessment value.

Section 2: Frequently Asked Questions

1. Is the house small compared to others in the area?
Yes, the living area is below the average for both the Deer Lodge neighbourhood and Winnipeg overall. However, on its own street, it’s closer to the average size, fitting the local scale of homes.

2. Why is the assessed value so much lower than the last sale price?
The home sold for $250,000 in 2017, but its current assessed value is $27,900. This large gap is typical; municipal property assessments in Manitoba are not intended to reflect market value but are used for tax calculation. Market value is determined by current sale prices.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, permits, and the current layout (e.g., whether it’s a legal suite, a rec room, or additional living space).

4. How does the lot size compare?
The lot is a positive feature. At 4,794 sqft, it is larger than average for both Lyle Street and the Deer Lodge area, providing more outdoor space than many similar properties.

5. Is the age of the home (75 years) a concern?
The year built is older than most in Deer Lodge but typical for its street. While the basement renovation is a plus, the core systems (roof, plumbing, electrical) of a home this age should be carefully inspected to understand their condition and any needed updates.

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