Property Overview & Key Characteristics
This one-and-a-half storey home on Albany Street in Deer Lodge is a classic Winnipeg character home built in 1928. Its key appeal lies in its balance of historic charm and practical updates, most notably a renovated basement that adds functional living space. With 920 sqft of living area and a 3,866 sqft lot, the property offers a manageable size for a variety of buyers.
The home’s standout feature is its strong assessed value relative to its immediate street and neighbourhood, suggesting it is viewed as a solid asset in its local market. It particularly suits first-time homebuyers, downsizers, or investors looking for an established character home in a mature neighbourhood without the upkeep of a larger property. Its appeal is grounded in being a well-positioned, no-frills home—offering more value and space than a condo, but without the extensive maintenance or price tag of a newer, larger house. A thoughtful perspective is that while the lot size is smaller than many in the city, it is quite typical for Deer Lodge, offering a manageable yard that reduces weekend labor.
Frequently Asked Questions
1. How does the assessed value compare?
The home’s assessed value is above average for Albany Street itself and around average for the broader Deer Lodge neighbourhood, indicating it is a financially sound property within its immediate context.
2. Is the house small compared to others?
At 920 sqft, the living area is around average for Albany Street but below the average for both Deer Lodge and Winnipeg overall. This positions it as a cozy, character home rather than a spacious modern one.
3. What does a "renovated basement" mean?
While specific finishes aren’t detailed, a renovated basement typically means the space is finished into a livable area, adding valuable functional square footage for recreation, storage, or additional rooms.
4. What is the neighbourhood like?
Deer Lodge is a mature, established neighbourhood. The data shows homes here typically have larger lots than this property, but this home’s lot is very standard for its specific street, offering a sense of community consistency.
5. How old is the home, and what does that imply?
Built in 1928, the home is older than most in the city. This suggests potential for classic architectural charm but also means buyers should be mindful of the age of major systems like plumbing, electrical, and the roof during inspections.