Property Overview & Appeal
This one-and-a-half storey home on Linwood Street in Deer Lodge presents a solid, above-average offering for its immediate area. Its key characteristic is a well-proportioned 1,514 sqft of living space, which ranks within the top 20% of homes on its street and top 12% within the Deer Lodge neighbourhood, offering more room than many comparable properties. The home sits on a standard city lot and features a detached garage and a renovated basement, adding functional space. Built in 1940, it is typical for the area and may appeal to those who appreciate the character of mid-century homes, with the understanding that some systems may be due for updates.
The primary appeal lies in its strong positional metrics within a established community. It represents a move-in ready home with a recently updated lower level, positioned in a neighbourhood where its assessed value and living area consistently outperform local averages. This property would suit practical buyers looking for a character home with modernized living space, or those seeking a sound investment in a stable area without the premium of a brand-new build. It’s a sensible choice for someone who values space and location over a sprawling lot or a recently constructed home.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,514 sqft, the living area is notably larger than the average for both Linwood Street (1,258 sqft) and the wider Deer Lodge neighbourhood (1,197 sqft), placing it in the top 12-20% of local homes.
2. What is the significance of the assessed value?
The assessed value of $35,500 is above average for the street and neighbourhood, ranking in the top 15%. This often reflects the home's condition, improvements like the renovated basement, and its desirable living area relative to the area.
3. Is the lot size a drawback?
The lot is 5,046 sqft, which is slightly below the street average. This means yard space is standard but not expansive. For many buyers, the trade-off is favourable, as the home itself offers more interior space than is typical.
4. What should I consider about the 1940 build date?
The home is characteristic of its Deer Lodge neighbours. While it may possess charming original features, a prudent buyer will pay close attention to the age and condition of major systems like plumbing, electrical, and the roof during an inspection.
5. How does the recent sale history inform the value?
The home sold for $45,500 in July 2022. This recent transaction provides a concrete market benchmark, suggesting a history of demand for the property at that price point, which can be a useful reference in the current market.