Property Overview: 251 Moorgate Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge offers a practical blend of space and location. With 1,402 sqft of living area, it provides above-average interior space for both its immediate street and the Deer Lodge neighborhood, making it a roomier option within its peer group. A key feature is the renovated basement, adding functional living space. The property sits on a standard 5,590 sqft lot with a detached garage.
Its primary appeal lies in its established, quiet neighborhood and its tangible sense of value. The home’s assessed value is consistent with the area, and its previous sale price in 2021 suggests a history of being a competitively priced entry into the market. While built in 1940, the renovated basement indicates some updates. This isn’t a modern showhome, but a solid, character property that has been maintained.
This home would suit a first-time buyer or a practical downsizer looking for a genuine, no-fuss house in a stable community. It’s for someone who values interior space and a functional layout over a large yard or a new build. The buyer should be comfortable with the upkeep of an older home but can take confidence from its relative size advantage on the block and the work already done below grade.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
The living area is a standout feature. At 1,402 sqft, it is larger than the average home on Moorgate Street and within the Deer Lodge area, placing it in the top 21-24% of comparable properties locally.
2. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is a municipal benchmark for taxation, not a market price. However, it is closely aligned with neighborhood averages, suggesting the home is typical for the area. The 2021 sale price provides a more recent market data point to consider.
3. What should I know about a home built in 1940?
While the renovated basement is a positive update, a home of this age will have older core systems (like plumbing, electrical, and the roof). A thorough inspection is essential to understand the condition and plan for potential updates, which is typical for Winnipeg’s character homes.
4. The lot size ranking seems low. Is the yard small?
The lot is a standard size for the city overall. Its “below average” ranking on Moorgate Street simply means some lots on this specific street are larger. At nearly 5,600 sqft, it provides a typical urban yard for the area.
5. What is the neighborhood of Deer Lodge like?
Deer Lodge is a mature, residential neighborhood in west Winnipeg known for its quiet, tree-lined streets, community feel, and proximity to parks, the Assiniboine River, and major routes like the Perimeter Highway. It offers a settled, suburban atmosphere within the city.