Property Overview: 235 Woodlawn Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a practical opportunity in the established Deer Lodge neighborhood. With 1,290 sqft of living space and a renovated basement, its size is squarely average for the area, offering comfortable room for a small family or couple. The home’s assessed value is modest relative to the city, suggesting an accessible entry point into the market.
The appeal here is grounded in value and location rather than grandeur. The lot size of 4,796 sqft is notably smaller than most on Woodlawn Street itself, which translates to less yard maintenance—a potential benefit for those seeking a simpler outdoor space. Its rankings consistently show it as a "middle-of-the-road" property in its immediate vicinity; it’s not the largest, newest, or most valuable on the block, but it holds its own. This profile suits first-time buyers, downsizers, or pragmatic investors looking for a straightforward, renovated home in a mature neighborhood without the premium price tag of a larger lot or a more recently built property. It’s a home for those who prioritize a solid foundation and location over standout square footage or expansive grounds.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
While the lot is below average for Woodlawn Street, it is closer to the citywide norm. This can be an advantage for buyers who prefer less yard work and lower maintenance costs, making it a efficient, manageable property.
2. What does the "around average" assessment value mean for the price?
The assessed value places the home in the middle-to-upper range compared to its direct neighbors. This typically indicates it’s fairly valued within its specific micro-market, not undervalued or carrying an inflated premium based on the street alone.
3. Who might this home not suit?
Buyers seeking a large, private backyard or a home that stands out significantly in size or value on its street may find the proportions limiting. It’s designed for practical living rather than being a standout property.
4. How does the 1947 build year affect the home?
The age is typical for Deer Lodge. While it means potential for character, it also implies that the quality and condition of major updates (like the noted basement renovation) and systems (roof, plumbing, wiring) will be more critical factors than the build date itself.
5. What is the immediate neighborhood like?
The proximity of very similar homes on Woodlawn and nearby streets suggests a consistent, stable streetscape. This often indicates a well-established community with predictable property values and neighbor demographics.