465 Winchester Street

Deer Lodge, Winnipeg

Property score

68.3

Good

Overall 68.3 · Newer than most nearby homes

1,269 sqft (top 38%) · Built in 1952 (9 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: 6 parks, and 3 sports facilitys nearby

Living Area

Near average

6% larger than neighborhood avg.

Year Built

Above average

9 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

68.3 is composed by the two sections below.

Property Score

59.7Fair
Living Area1,269 sqft66Good
Year Built195236Low
Lot Size5,998 sqft74Good
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
1,269 sqft
0255075100
Same streetTop 47%Same areaTop 38%CitywideTop 44%
Same street · Winchester Street
#52 / 110
Top 47% · Avg 1,312 sqft
Same area · Deer Lodge
#570 / 1,495
Top 38% · Avg 1,197 sqft
Citywide · Winnipeg
#85,363 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

Elite
410k
0255075100
Same streetTop 5%Same areaTop 4%CitywideTop 36%
Same street · Winchester Street
#6 / 110
Top 5% · Avg 320.2k
Same area · Deer Lodge
#54 / 1,495
Top 4% · Avg 312.8k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1952
0255075100
Same streetTop 11%Same areaTop 9%CitywideBottom 30%

Lot Size

above average
5,998 sqft
0255075100
Same streetBottom 21%Same areaTop 19%CitywideTop 32%

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

465 Winchester Street — 9 amenities found within 500 m, across 2 categories, including 6 parks (nearest 226 m).

Search radius
🌳Parks6
💪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 7/2019CA$350k–400k
Sold price

Same street

Top 22%

Same area

Top 21%

City-wide

Top 43%

Related homes

Highlights & common questions: 465 Winchester Street, Winnipeg

Property Overview

This well-situated one-storey home on Winchester Street in Deer Lodge presents a compelling blend of established neighborhood character and modern updates. Its key appeal lies in a recently renovated basement, adding valuable finished living space to the 1,269 sqft footprint. The detached garage offers flexibility for parking or storage. While the home's living area is average for the street and city, its assessed value stands out significantly in the immediate area, ranking in the top 5% on Winchester Street. This suggests a property that has been substantially improved or is valued for its specific lot and condition. The generous lot size of nearly 6,000 sqft for Deer Lodge is a notable asset, offering above-average outdoor space for the neighborhood.

It would suit buyers looking for a move-in-ready home with a modern lower level in a mature community, who value a larger yard. It's also a fit for those who appreciate a property with an assessed value that leads its immediate block, indicating a strong investment within the local context. The single-storey layout may appeal to those planning for long-term accessibility.


Frequently Asked Questions

1. How does the home's value compare to its neighbors?
The home's assessed value of $410k is notably higher than the street average (~$320k), placing it in the elite top 5% of Winchester Street. This premium suggests updates, a desirable lot, or a condition that exceeds neighboring properties.

2. Is the lot size typical for the area?
At 5,998 sqft, the lot is larger than average for the broader Deer Lodge neighborhood, ranking in the top 19%. However, it is slightly below the average lot size specifically on Winchester Street itself.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the renovation, and whether it includes legal secondary suites or additional bedrooms.

4. The home was built in 1952. What should I consider?
While newer than many homes on its street (top 11%), a 1952 build means core systems like plumbing, electrical, and the roof may be due for inspection or updates, even if the basement has been recently renovated.

5. Why is there such a large gap between the 2019 sale price and the current assessed value?
The home sold for significantly less in 2019. The current assessed value likely reflects substantial improvements made since that sale (like the basement renovation) and strong market appreciation in the area, underscoring the property's upgraded condition.

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