Property Overview: 276 Sharp Boulevard, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a compelling mix of space, land, and value. Its most standout feature is the generous 2,425 sqft of living area, which places it in the top tier of homes locally, offering ample room for a growing family or those who desire spacious interiors. This is complemented by an expansive 8,440 sqft lot, providing exceptional outdoor potential and privacy that is rare within the city. The basement has been renovated, adding functional living space.
The appeal here is rooted in value and potential. While the living area and land size are elite for the neighborhood, the home’s assessed value is notably below area averages. This significant discrepancy suggests an opportunity for buyers willing to invest in updates, making it ideal for renovators, value-seekers, or those looking to secure a large property in a well-established area without a premium price tag. It suits a practical buyer who prioritizes square footage and land over move-in-ready finishes, seeing the underlying asset rather than just the surface.
A less obvious perspective is the home’s 1920 vintage. While statistically "older," this era often comes with solid construction and character that newer builds may lack. The purchase represents a chance to modernize a classic home on a premier-sized lot, creating a personalized sanctuary.
Frequently Asked Questions
1. Why is the assessed value so much lower than similar-sized homes?
The assessed value reflects the property's current state and market position as determined for tax purposes. The significant gap between its below-average assessed value and its elite living/land size typically indicates a home that may require modernization, presenting a value opportunity for buyers.
2. What does the "Elite" ranking for living area actually mean?
It means the home's interior square footage is in the top 2% of all similar properties on Sharp Boulevard and the top 1% within the entire Deer Lodge area, making it exceptionally spacious for the neighborhood.
3. Is the large lot a benefit, and what could I use it for?
Absolutely. The lot is significantly larger than most in the city (top 10% citywide). It offers ample space for gardening, recreation, adding a garage or workshop, or simply enjoying more privacy and green space than is typically available.
4. What should I consider with a home built in 1920?
While offering classic charm and sturdy build quality, a home of this age will likely have older systems (like plumbing and electrical) and may require updates to meet modern efficiency and style standards. A thorough inspection is essential to understand the scope of any needed work.
5. The home has no garage. How challenging would it be to add one?
With such a large lot, adding a garage is a very feasible project from a space perspective. You would need to investigate specific zoning bylaws, setback requirements, and obtain the necessary permits, but the property size is a major advantage for this kind of addition.