Property Overview: 303 Winchester Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1939, presents a solid opportunity in the established Deer Lodge neighborhood. Its key strength lies in its generous proportions: at 1,438 sqft, the living space is notably above average for both the immediate street and the wider area. This is complemented by a larger-than-typical 6,002 sqft lot, offering ample outdoor space that is a relative rarity in the city. The home features a renovated basement and a detached garage.
The appeal is grounded in value and space. It suits practical buyers looking for room to grow, garden, or simply enjoy more square footage without a premium price tag, as the assessed value sits around the neighborhood average. It’s an ideal match for first-time homeowners seeking a character home with updated essentials, or for families prioritizing yard space over a brand-new build. A thoughtful perspective is that this property offers the "bones" and space that are hard to find in newer subdivisions, providing a canvas for personalization while already having key modernized elements like the basement in place.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is a standout feature, ranking in the top 28% on its street and the top 17% in the Deer Lodge area, meaning it is significantly more spacious than many comparable homes.
2. Is the lot size a significant feature?
Yes. The land area is well above average for both the street and the neighborhood, placing it in the top 12-18% locally. This is a major asset for privacy, outdoor activities, or future projects.
3. What does the assessed value indicate about the price?
The assessed value is around the median for Deer Lodge, suggesting the home is priced consistently with the area rather than at a premium, despite its above-average living and land space.
4. The home was built in 1939. What should I consider?
While the renovated basement addresses a key modern concern, a home of this age will likely have a mix of original charm and older components. A thorough inspection of the roof, wiring, plumbing, and windows is advisable to understand any future maintenance priorities.
5. How does the last sale price from 2017 relate to today’s value?
The 2017 sale price of $260k is a historical data point. Current value is better reflected by the assessed value and recent market trends, as the Winnipeg market has seen changes since that time. It’s best used as a reference for the property’s history, not its current market price.