Property Overview
This home at 260 Sharp Boulevard is a distinctive property that stands out for its generous proportions and prime lot. It is a two-and-a-half storey house built in 1915, featuring a renovated basement and an attached garage. Its appeal lies not in modern construction, but in the established space and location it offers. The nearly 2,550 sqft of living area places it in the top 1% of homes in the Deer Lodge neighborhood, providing ample room for a growing family or those who value spacious interiors. Coupled with a large, private lot of over 9,800 sqft—ranking in the top 1% for the area—the property offers rare potential for gardens, outdoor living, or future expansion.
The home would best suit a buyer looking for a character property with "good bones" in a mature, established neighborhood. It appeals to those who prioritize lot size and interior square footage over a newer build date and are prepared to undertake updates to match the home's impressive scale. The assessed value suggests a solid foundation of equity, but the recent sale price indicates the market recognizes the value of its size and land. This isn't a move-in-ready showcase; it's a property for a pragmatic buyer who sees the long-term value in space and location, and who may view its age as an opportunity to customize a historically solid home.
Frequently Asked Questions
1. How does the age of the home (1915) impact its value and condition?
While its age places it among the older homes in the area, this is reflected in the metrics. The value proposition here is the land and the generous living space that era of home provides. A pre-purchase inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, and to plan for any necessary updates or maintenance.
2. The living area is in the top 1%, but the assessed value is only in the top 3% for the street. Why the discrepancy?
This highlights the property's profile: it offers exceptional square footage, but its assessed value is tempered by factors like its age and likely the condition or finish level relative to newer, smaller homes. This can represent an opportunity, as the market often pays a premium for livable space, which is this home's strongest asset.
3. What does the large lot size practically offer?
Beyond privacy, a lot of this size (over 1/5 of an acre) is uncommon in the city. It provides significant outdoor space for recreation, gardening, or entertaining. It also offers potential for future additions like a large deck, workshop, or even an accessory building, subject to city bylaws.
4. The home sold very recently (May 2023). What does that indicate?
The quick resale could be due to many factors, such as a change in the owner's circumstances or an investor flipping the property. It underscores the importance of reviewing the listing history and understanding what, if any, work was done during that ownership period.
5. Who is the typical buyer in Deer Lodge, and what are the neighborhood amenities?
Deer Lodge is a mature, family-oriented neighborhood in Winnipeg known for its tree-lined streets, community cohesion, and proximity to parks, the Assiniboine River, and the Deer Lodge Centre. It typically attracts buyers seeking established communities with good access to schools and local shops rather than high-density urban amenities.