278 Belvidere Street

Property Overview: 278 Belvidere Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Deer Lodge presents a solid, mid-century character home with practical updates. Its key features include a renovated basement, a detached garage, and a living space of 1,303 sq ft that is very typical for the immediate area. Built in 1947, it is notably newer than many homes on its street, offering a potential advantage in terms of foundational wear and building materials. The lot size of 4,799 sq ft is modest for the neighbourhood, which may translate to less yard maintenance—a perk for some, though a consideration for those wanting expansive outdoor space.

The appeal lies in its established community and its position as a comfortable, average-sized home without extreme peaks or valleys in its metrics. It suits a buyer looking for a move-in-ready character home in a mature neighbourhood, who values a renovated basement for extra living space and prefers the practicality of a detached garage. It’s particularly well-matched for those who appreciate a home that is unassuming in its street context yet offers modern livability below ground. The recent sale history suggests a market-responsive property, making it a straightforward option for pragmatic buyers rather than those seeking a standout investment anomaly.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the area?
At 1,303 sq ft, the living area is very close to the average for both Belvidere Street and the wider Deer Lodge neighbourhood, indicating it’s a standard, comfortable size for the community.

2. What does the assessed value indicate?
The assessed value is around average for the street and neighbourhood, but ranks higher (Top 67%) citywide. This suggests the property holds its value well within the broader Winnipeg market, while being priced consistently among its immediate peers.

3. Is the lot size a disadvantage?
The land area is below average for Deer Lodge. This could be a limitation for extensive gardening or additions, but also means less yard upkeep—a trade-off that may appeal to those seeking lower maintenance.

4. How does the 1947 build year affect the home?
Built in 1947, the home is newer than most on its street (ranking in the top 21%). This can be a positive, potentially indicating updates in construction methods for its era and possibly less concern over some aging systems common in older homes.

5. What is the neighbourhood like based on this data?
The data shows homes on Belvidere Street and in Deer Lodge are very consistent in size and value, pointing to a stable, established neighbourhood without wide disparities between properties, which often contributes to a cohesive community feel.