Section 1: Property Overview

This one-storey home at 55 Deering Close in Winnipeg's Eaglemere neighbourhood presents a practical and comfortable living proposition. Its key characteristics include a renovated basement, an attached garage, and a manageable 1,325 sqft layout on a notably generous 6,912 sqft lot. Built in 1994, the home is younger than most in the city but is among the older homes within its immediate Eaglemere area.

The appeal lies in its balance and potential. While the living space is modest for the street and neighbourhood, the lot size is well above average for Eaglemere and the city, offering valuable outdoor space. The renovated basement adds functional living area. Its assessed value positions it as a solid, mid-range property citywide, suggesting a manageable entry point into a established area.

This property would suit first-time buyers or downsizers seeking a single-level layout with a low-maintenance footprint, but who still value a sizable yard. It’s also a sensible fit for value-oriented buyers who see potential in the existing structure and appreciate the stability of a home from the 1990s, where major components are likely still serviceable but modernization can be personalized over time.

Section 2: Frequently Asked Questions

Q: How does this home compare in size to others nearby?
A: The living area is below the average for both Deering Close and the broader Eaglemere neighbourhood. This typically translates to a more efficient, manageable floor plan and can mean a lower price point per square foot compared to larger homes on the same street.

Q: What does the lot size mean for me?
A: At nearly 7,000 sqft, the lot is a standout feature. It's larger than most in Eaglemere and across Winnipeg, providing ample space for gardening, recreation, future additions like a deck or shed, and simply more privacy than newer, denser subdivisions offer.

Q: The home was last sold in 2017. What should I consider?
A: The 2017 sale price is a historical data point, but market conditions have changed significantly. It’s more important to focus on its current assessed value and recent sales of comparable homes. The seven-year ownership period suggests the sellers have likely undertaken the basement renovation and maintained the property.

Q: Is a 1994-built home considered old?
A: It depends on the context. In Winnipeg, where many homes are decades older, a 1994 build is relatively modern. In Eaglemere specifically, it's actually on the older side for the neighbourhood. This means major systems (roof, furnace) may be approaching or have recently undergone replacement, which is a key inspection point.

Q: What is the neighbourhood ranking telling me?
A: The rankings show the home’s position relative to immediate neighbours and the city. For example, being "above average" in land area citywide but "around average" in assessed value on its street suggests you may be paying more for the structure/location than the land itself here, which is the inverse of many older city neighbourhoods.