Property Overview
This one-and-a-half storey home on Sharp Boulevard in Deer Lodge is a classic Winnipeg character property with notable potential. Built in 1948, it sits on a generous 6,400 sqft lot that is well above average for the neighbourhood, offering valuable outdoor space. The 1,218 sqft living area is modest and typical for the street, while the assessed value positions it as a more accessible entry point in the area. Key features include a detached garage and an unrenovated basement, presenting a blank canvas. Its appeal lies in this combination of a sizable lot in an established community with a home that invites personalization. It would suit a buyer looking for a solid foundation—whether a first-time homeowner comfortable with gradual updates, an investor, or someone seeking a character home with room to garden or expand, all within a mature neighbourhood context.
Frequently Asked Questions
What does "below average" assessed value on the street indicate?
It generally suggests the property is valued lower than many of its immediate neighbours. This can mean a more affordable purchase price for the area, but it often correlates with a home that requires modernization or investment compared to updated houses on the same block.
How significant is the lot size here?
Very. The lot is in the top 6% for size within Deer Lodge. This is a standout feature, offering more private outdoor space, landscaping potential, and future flexibility (like adding a deck or shed) than most properties in the community.
What should I expect with an unrenovated basement?
This typically means the basement remains in its original or largely untouched state. You should budget for potential updates to flooring, lighting, and possibly moisture management. It’s advisable to have a thorough inspection to assess the condition of the foundation, plumbing, and electrical systems.
The home sold for significantly less in 2021 than in 2016. What does that mean?
This substantial drop in sale price over a five-year period is unusual and warrants investigation. It’s essential to review the property’s history and listing details from that time to understand the context, which could include the property’s condition at sale or specific market circumstances.
Is the living space too small?
At 1,218 sqft, it is slightly below the average for similar homes on Sharp Boulevard but is very close to the average for Deer Lodge as a whole. It represents a comfortable size for a small family or couple, with the layout and functionality of the one-and-a-half storey design being more important than the square footage alone.