Property Overview
This one-storey home on Sackville Street in Deer Lodge is a compact, post-war property built in 1941. Its key appeal lies in its affordability and efficient use of space, featuring a renovated basement and a detached garage. The living area of 662 sqft is notably smaller than most homes in the immediate area, city-wide, and even on its own street, placing it in a unique niche. The assessed value is significantly below local averages, indicating a very accessible price point. The lot size is just under 4,700 sqft, which is modest for the neighbourhood but offers outdoor space. This home would suit first-time buyers, downsizers, or investors seeking an entry into the Winnipeg market with a manageable footprint and renovation potential, particularly for those who prioritize location and lot over square footage.
Frequently Asked Questions
1. Is the house unusually small?
Yes. At 662 sqft of living area, it is smaller than 95% of homes on its own street and 99% of homes in the Deer Lodge area. It represents a true compact living option.
2. What does the assessed value indicate?
The assessed value is well below averages for the street, neighbourhood, and city. This typically translates to lower property taxes and suggests a purchase price that is highly accessible compared to the broader market.
3. What is the potential here?
The renovated basement adds functional space. The primary opportunity lies in the land (4,694 sqft lot) and the character of a 1940s home. It could suit a buyer comfortable with its cozy size or one viewing it as a long-term hold with future expansion potential (subject to zoning).
4. How does the recent sale history factor in?
It last sold in December 2021 for $25,100. This very recent sale at a price close to its current assessed value provides a clear, transparent benchmark for its market value.
5. Who would this property not suit?
It would not suit buyers needing multiple bedrooms, dedicated home office space, or who simply prefer larger, modern floor plans. The compact size requires a purposeful and efficient approach to living.