439 Lyle Street

Deer Lodge, Winnipeg

Property score

58.4

Fair

Overall 58.4 · Smaller but newer than most nearby homes

994 sqft (bottom 29%) · 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: 7 parks nearby

Living Area

Below average

17% 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 Area42
994 sqftLow
Year Built36
1951Low
Lot Size60
4,793 sqftFair
Neighbourhood Sales Activity37
Low

Community Score

81.2Excellent
Household Income82
Excellent
Education Level63
Fair
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health83
Excellent

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
994 sqft
0255075100
Same streetTop 40%Same areaBottom 29%CitywideBottom 25%
Same street · Lyle Street
#27 / 68
Top 40% · Avg 1,062 sqft
Same area · Deer Lodge
#1,060 / 1,495
Bottom 29% · Avg 1,197 sqft
Citywide · Winnipeg
#145,013 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

below average
287k
0255075100
Same streetBottom 19%Same areaBottom 27%CitywideBottom 26%
Same street · Lyle Street
#55 / 68
Bottom 19% · Avg 310.6k
Same area · Deer Lodge
#1,096 / 1,495
Bottom 27% · Avg 312.8k
Citywide · Winnipeg
#144,326 / 194,458
Bottom 26% · 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

439 Lyle Street — 7 amenities found within 500 m, across 1 categories, including 7 parks (nearest 263 m).

Search radius
🌳Parks7

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 8/2021CA$200k–250k
Sold price

Same street

Bottom 5%

Same area

Bottom 19%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 439 Lyle Street, Winnipeg

Property Overview

This 1951 one-storey home at 439 Lyle Street in Winnipeg's Deer Lodge neighbourhood presents a practical and affordable entry point into the market. Its key appeal lies in its balance of a renovated basement, a manageable size, and a lot that is generous for the immediate area. At 994 sqft of living space, the house is compact but typical for Lyle Street itself. The 4,793 sqft lot offers good outdoor space, ranking above average for the street. The home’s assessed value is notably below average for the area, which can signal an opportunity for value-conscious buyers, though it may also reflect the home’s smaller size or specific condition. A significant data point is its 2021 sale price of $240k, which was considerably higher than its current assessed value, suggesting a market perception of value beyond the assessment at that time.

This property would suit first-time buyers or downsizers looking for a single-level living option in a mature, established neighbourhood without a large upfront investment. Its below-average assessments for the area and city could mean lower property taxes relative to nearby homes. A thoughtful perspective is that while the home is older, its 1951 build date is actually newer than many in Deer Lodge, potentially meaning fewer issues common to much earlier construction. The lack of a garage is a trade-off for the lot size, making it better suited for those who prioritize yard space over vehicle storage.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.

2. Why is the current assessed value so much lower than the 2021 sale price?
Municipal assessments for taxation don't always align directly with market sale prices, which can be influenced by factors like recent renovations, market conditions at the time of sale, and buyer demand. This discrepancy warrants a closer look at the home's current condition and market valuation.

3. What are the typical property taxes?
With an assessed value of $28,700, the property taxes would be calculated based on Winnipeg's mill rate. Taxes should be significantly lower than on a home assessed at the neighbourhood average of ~$31,300, but exact figures should be confirmed.

4. What is Deer Lodge like as a neighbourhood?
Deer Lodge is a mature, residential neighbourhood in Winnipeg. It offers a quiet, community-focused atmosphere with local amenities and parks, and is generally attractive to those seeking a established area without being in the core of the city.

5. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should plan for on-street parking and consider the basement renovation and shed potential (if any) for compensating storage needs. The larger lot may offer space for a future garage, subject to local bylaws.