Property Overview: 294 Duffield Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1949, presents a solid, well-maintained option in the established Deer Lodge neighbourhood. With 1,246 sqft of living space and a recently renovated basement, it offers functional space for a small family, a couple, or a first-time buyer. The lot is a generous 5,603 sqft, providing ample outdoor space relative to many city properties.
The home’s primary appeal lies in its strong positioning within its immediate area. Its assessed value ranks notably above average for both Duffield Street and the wider Deer Lodge community, suggesting it is a well-regarded property in a desirable local context. While its size is average for the neighbourhood, it benefits from being a newer build compared to many nearby homes. The renovated basement adds modern, usable living space without the need for immediate updates.
This property would suit practical buyers looking for a move-in-ready home with character in a mature neighbourhood. It’s ideal for those who value a larger yard and the stability of an area where properties tend to hold their value well locally. It may also appeal to value-conscious buyers who recognize the advantage of a home that stands out positively against its closest comparables.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in August 2019 for $31,500. The current assessed value is $35,900, indicating a rise in its municipal valuation since that sale.
2. Is the home older than most in Winnipeg?
Yes. Built in 1949, it is older than about 73% of homes across Winnipeg. However, it is actually newer than most comparable homes on its street and in Deer Lodge, which can be a positive for its structural condition and systems.
3. What does "above average" assessed value for the area mean?
It means the municipal property assessment is higher than most homes on Duffield Street and in Deer Lodge. This often reflects the property's condition, improvements (like the renovated basement), and desirability within the specific community, but it is also a factor in determining property taxes.
4. Is there a garage or pool?
No, the property listing specifies there is no garage and no pool.
5. How does the living space compare to a typical Winnipeg home?
At 1,246 sqft, the living area is slightly below the current city-wide average for comparable homes. However, it is very much on par with the average home size in the Deer Lodge neighbourhood itself, offering typical space for the area.