Property Overview
This one-and-a-half storey home in Deer Lodge presents a practical opportunity with a few distinct advantages. Its key characteristic is a generous 4,388 sqft lot, which is notably larger than most on Truro Street and in the immediate neighbourhood, offering valuable outdoor space and potential. The living area of 1,122 sqft is comfortably above average for the street, and the home benefits from a renovated basement. Built in 1950, it is relatively newer than many homes in the Deer Lodge area. The assessed value positions it as a more accessible entry point within the city.
The appeal lies in its balance of indoor and outdoor space in a mature neighbourhood. It suits first-time buyers or downsizers looking for a manageable home with a sizeable yard, without the premium of a newer or larger-footprint house. A thoughtful perspective is that while the home's metrics are solid locally, its value proposition is most pronounced specifically on its own street due to the lot size, making it a standout in its immediate peer group rather than the wider city market.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 4,388 sqft is well above the average for both Truro Street and the Deer Lodge neighbourhood, which is a significant advantage for privacy, gardening, or future expansion.
2. Is the home recently updated?
The listing confirms a renovated basement, suggesting some modernized living space. The condition of the main and upper floors should be verified by a viewing and inspection.
3. How does the assessed value relate to the likely sale price?
The assessed value is a municipal figure for tax purposes. The last known sale was in 2020. Current market conditions will determine the sale price, so reviewing recent sales of comparable homes in Deer Lodge is essential.
4. What is the significance of the "one-and-a-half storey" design?
This typically means the second floor has sloped ceilings and potentially less full-height space than a pure two-storey home, offering character but possibly impacting furniture placement and room feel.
5. How does this property rank for value in the broader city?
City-wide data shows its assessed value is below average, which can indicate a relatively more affordable entry point into the Winnipeg market compared to newer or larger homes, though property taxes may also be correspondingly lower.