Property Overview: 278 Overdale Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Deer Lodge presents a distinct profile. Its key characteristic is a generous 6,030 sqft lot, which is notably larger than most in the neighbourhood, offering valuable outdoor space and potential. The home itself is more modest in size at 1,042 sqft and is the oldest on its street, built in 1923. However, it features a renovated basement, adding functional living space, and includes a detached garage.
The appeal lies in this balance of a sizable, above-average lot with a home that has seen some updates. It suits a specific buyer: someone who prioritizes land size and location in a established community over a large or modern house. It could be ideal for a first-time buyer looking for a manageable footprint with room to grow outdoors, or a downsizer seeking a single-level layout with a low-maintenance interior but a generous yard. A thoughtful perspective is that its assessed value ranks highly within Deer Lodge itself, suggesting it is considered a solid asset within its immediate community, even if the house is smaller and older than its direct street neighbours.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,042 sqft of living area, the house is smaller than most on Overdale Street and slightly below the average for Winnipeg. The renovated basement provides additional functional space.
2. Is the lot size a significant feature?
Yes. The 6,030 sqft lot is a standout, ranking in the top 10% for size within the Deer Lodge area. This is a primary asset of the property.
3. What does the assessed value indicate?
The $350k assessment is above average for Deer Lodge but around average city-wide. This suggests the property holds good value within its desirable neighbourhood context.
4. How old is the property, and what does that mean?
Built in 1923, it is one of the older homes on the street. Buyers should be prepared for the character and potential maintenance needs of a century-old structure, balanced by the established neighbourhood feel.
5. What recent sales history is available?
The property last sold in June 2022 for $38,100. This recent transaction price is significantly below the current assessed value, indicating that sale was likely not a standard, arms-length market transaction (such as a transfer between family members). The current market value is best determined by a professional appraisal.