Property Overview: 216 Duffield Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1920, presents a unique blend of classic charm and modern value. Its key appeal lies in its above-average living space (1,400 sq ft) within a renovated basement, coupled with an exceptionally high assessed value for its immediate area—ranking in the top 6% on its street and top 4% in Deer Lodge. This suggests a property that has been significantly upgraded relative to its neighbors. The detached garage and a solid, average-sized lot (5,593 sq ft) add practical value.
The home suits buyers looking for a character property in a well-established neighborhood who also prioritize financial prudence. It’s ideal for someone who appreciates a home with a story (over a century old) but doesn’t want a full renovation project, thanks to the updated basement. The data indicates it’s a standout property on its block in terms of municipal valuation, which could appeal to value-conscious investors or homeowners seeking a "best house on the street" scenario. However, its age means potential buyers should be prepared for the maintenance and systems updates typical of a home from this era.
Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessed value places this property in the elite tier for Deer Lodge, likely due to significant improvements and renovations (noted in the basement) that have increased its market value substantially above the neighborhood average.
2. What does "one-and-three-quarter storey" mean for living space?
This architectural style typically features a full main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled rooms, often with dormers. The 1,400 sq ft living area includes the renovated basement.
3. Given its age (1920), what should I be most concerned about?
Prospective buyers should prioritize inspections for foundational integrity, roof condition, wiring, plumbing, and insulation. The age indicates potential for charming original features but also for outdated systems needing modernization.
4. How does the lot size compare?
At 5,593 sq ft, the lot is slightly below average for Duffield Street but is generally on par with the Deer Lodge neighborhood and city-wide averages, offering a standard urban yard space.
5. What do the past sale prices indicate?
The sale history shows a steady and significant increase in value over recent years (from $20.5k in 2017 to $36.5k in 2019), reflecting the renovations and strong market positioning. This trend underscores the property’s substantial appreciation.