Property Overview & Key Characteristics
This 3-level split home at 237 Albany Street in Deer Lodge presents a compelling blend of space, location, and modern readiness. Built in 1990, it is notably newer than most homes in the immediate area, suggesting a potentially more contemporary layout and fewer major age-related concerns. With 1,262 sqft of living space, it offers above-average roominess for its street and neighbourhood. A key feature is the renovated basement, which adds functional, finished space. The property sits on a nearly 5,000 sqft lot, providing generous outdoor space for a home in this location, and includes a detached garage.
Its primary appeal lies in its relative modernity within an established neighbourhood, offering a "move-in-ready" foundation with the renovated basement. The data indicates a strong investment profile for the area, with an assessed value that ranks in the top 7% of Deer Lodge, and it recently sold for a price well above local averages. This home would suit first-time buyers or young families looking for a balanced, low-maintenance property in a mature community without inheriting the significant upkeep often associated with much older homes. It also appeals to value-conscious buyers who prioritize a home's condition and modern amenities over sheer size.
Frequently Asked Questions
1. How does this home's age compare to others nearby?
At 36 years old (built in 1990), this home is significantly newer than the average home on Albany Street and in Deer Lodge, where comparable homes often date back to the 1940s. This can mean more modern construction standards, wiring, and plumbing.
2. What does the "above average" assessed value ranking mean?
The assessed value ranks in the top 7% for Deer Lodge, meaning it is officially valued higher than 93% of comparable properties in the neighbourhood. This often reflects desirable features, condition, and improvements, and it recently sold for a price that supports this premium valuation.
3. Is the lot size typical?
The 4,997 sqft lot is above average for Albany Street itself. While it is around the median size for the wider Deer Lodge area and city, it provides ample private outdoor space for this specific location.
4. What is the significance of the renovated basement?
A renovated basement adds immediate usable living area without the need for a future project. It increases the home's functional square footage for recreation, guests, or a home office, which is a key advantage in a 3-level split layout.
5. Who might this property not be ideal for?
Buyers seeking a historic character home or a brand-new build might look elsewhere. Similarly, those who prefer an attached garage for Winnipeg winters, or who desire a property with a massive, far-above-average city-sized lot, may find other options more suitable.