Property Overview: 311 Linwood Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1918, offers a blend of classic charm and practical updates. Its key appeal lies in its solid positioning within a well-established neighbourhood. The 1,376 sqft living area is above average for Deer Lodge, providing comfortable space, and the home benefits from a renovated basement. A detached garage adds practical storage or workshop potential.
The property’s assessed value ranks above average for both the street and the neighbourhood, suggesting it is viewed favourably relative to its immediate peers. While the lot size is slightly smaller than others on Linwood Street, it is typical for the wider area. The home’s age (108 years) means buyers should appreciate character and be prepared for the maintenance that comes with an older structure, but it also indicates a historically enduring build.
This home would suit a buyer looking for a character property in a mature neighbourhood without needing to undertake a full renovation, thanks to the updated basement. It’s ideal for someone who values space and location over a brand-new build and is comfortable with the nuances of an older home’s upkeep.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value is above average for both Linwood Street and the broader Deer Lodge neighbourhood, indicating it is a substantiated asset within its local market.
2. What should I know about a house built in 1918?
While it offers character and proven durability, an older home like this requires careful attention to aging components. A thorough inspection is essential to understand the condition of the foundation, plumbing, electrical systems, and the roof.
3. Is the lot size a disadvantage?
The land area is smaller than some direct neighbours but is generally on par with the Deer Lodge average. It offers manageable outdoor space with less maintenance, which could be an advantage for many buyers.
4. What does the “renovated basement” include?
The listing notes a renovated basement, but specifics on the scope, quality, permits, and moisture control should be verified. Understanding whether it’s a cosmetic update or includes structural and system upgrades is important.
5. How stable is the neighbourhood for investment?
Deer Lodge is a long-established area. The home’s above-average assessments for both living area and value within the neighbourhood suggest a history of stable, relative desirability, which can be a positive indicator for long-term value.