Property Overview: 214 Duffield Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1943, presents a solid opportunity in Winnipeg's Deer Lodge neighbourhood. With 1,132 sqft of living space and a recently renovated basement, it offers functional, updated living areas. A key feature is its generous 5,593 sqft lot, which is notably larger than many city-wide averages, providing valuable outdoor space and potential. The detached garage adds practical storage or workshop space.
The home’s primary appeal lies in its balance. It sits comfortably within the middle range for assessed value in its area, suggesting a fair market entry point without premium pricing. Its lot size is a standout asset, offering a sense of privacy and room to breathe that can be harder to find at this price point. The renovated basement adds immediate livable square footage without the need for initial projects.
This property would suit first-time buyers or downsizers seeking a manageable, character home with a low-maintenance footprint and a sizable yard. It’s also a practical fit for value-conscious buyers who prioritize land size over a larger interior, seeing the outdoor space as an extension of their living area or a long-term asset.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is slightly below average for Duffield Street itself but is generally on par with the broader Deer Lodge neighbourhood. The trade-off is a larger-than-average lot size for the city.
2. What does the "renovated basement" typically include?
While specific finishes should be verified, a renovated basement in a home of this era often means updated flooring, drywall, and lighting, creating a finished recreational or utility space. It’s a key feature that adds functional living area.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value of $310k is a municipal calculation for tax purposes and often lags behind the current market. It serves as a useful benchmark, showing the home is mid-range for the area, but the final sale price will be determined by market conditions.
4. What are the considerations with a home built in the 1940s?
While offering classic charm, prospective buyers should pay special attention to the condition of major aging components, such as the roof, plumbing, electrical systems, and foundation, during an inspection. The renovated basement is a positive update.
5. How does the last sale price from 2016 affect today’s value?
The 2016 sale price is historical data and reflects the market conditions of eight years ago. It is not a direct indicator of current value but can be useful for understanding the property’s history and approximate equity growth over time.