Property Overview: 443 Albany Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge presents a practical and grounded opportunity. Built in 1924, it offers 1,075 sqft of living space with a renovated basement and a detached garage. Its key appeal lies in its position as a solid, no-fuss property within a well-established neighborhood. The home’s metrics are consistently "around average" for its immediate street, suggesting it fits seamlessly into its local context without extreme outliers in size or value.

The property would suit first-time buyers or practical downsizers looking for an honest, manageable home without the premium of a newer build or a large lot. Its renovated basement adds functional living space, a valuable asset in a home of this era. A thoughtful perspective is that while the lot size is below the area average, it offers a lower-maintenance yard—an often-overlooked benefit for those seeking a simpler lifestyle. The detached garage provides classic Winnipeg storage or workshop potential. This isn’t a flashy property, but a straightforward one that meets core needs in a stable setting.

Frequently Asked Questions

1. How does this home compare to others in Deer Lodge?
The home is very typical for Albany Street itself but sits below the Deer Lodge area averages for lot size, year built, and assessed value. This indicates it may be a more affordable entry point into the neighborhood.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the finish quality, ceiling height, and whether it includes a legal secondary suite or additional bedrooms.

3. Is the assessed value a reliable indicator of the sale price?
No. The assessed value is for municipal tax purposes. The home last sold for $250,000 in late 2022, which is a more relevant benchmark, though market conditions have likely changed since then.

4. What are the implications of a 1924 build date?
While offering classic character, it necessitates a thorough inspection. Focus should be on foundational integrity, updates to wiring and plumbing, roof age, and insulation levels to gauge modern comfort and efficiency.

5. The lot is smaller than average for the area. Is this a disadvantage?
It depends on your priorities. A smaller lot means less yard maintenance and lower exterior upkeep costs, which can be a benefit. However, it also means less private outdoor space and limited potential for expansions that require large setbacks.