Property Overview: 325 Sharp Boulevard, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Deer Lodge neighbourhood. Its key characteristics include 1,152 sqft of living space, a renovated basement, and a notably generous 6,405 sqft lot that ranks within the top 5% for size in the local area. The home’s assessed value is positioned below average for its specific street but aligns more closely with broader area and city benchmarks.
The primary appeal lies in its land value and location. The large lot is a significant asset, offering ample outdoor space and future potential in a well-established community. The renovated basement adds functional living space. Its appeal is grounded in practicality rather than luxury, suited for a specific buyer: first-time homeowners or value-focused investors looking for a solid entry point into the market with a property where the land itself is a major component of the value. It’s a home that asks for a vision, potentially appealing to those who see the long-term benefit of a large parcel in a mature neighbourhood over immediate move-in perfection.
Frequently Asked Questions
1. Is the price competitive?
Based on the provided data, the home’s last sold price in 2019 was notably below average for its peer groups. Its current assessed value is below average for Sharp Boulevard itself but is more aligned with wider area averages, suggesting it may represent a value proposition within its immediate streetscape.
2. What is the neighbourhood like?
Deer Lodge is a long-established, quiet residential neighbourhood in Winnipeg. The data shows homes here are typically of a similar vintage, offering a consistent, mature streetscape. The lot size for this property is exceptionally large for the area.
3. What does "below average" for living area on the street mean?
This indicates that at 1,152 sqft, this home has less finished living space than most of the 101 comparable properties used for comparison on Sharp Boulevard. The home’s footprint is more modest, placing emphasis on its lot size and basement renovation for additional usable space.
4. How significant is the large lot size?
It’s a standout feature. Ranking in the top 5% in Deer Lodge, the 6,405 sqft lot is substantially larger than the area average (~5,176 sqft). This offers superior outdoor space, privacy, and potential for gardening, expansion, or future development, subject to zoning.
5. What should I consider about a home from 1948?
While the renovated basement is a plus, the core structure is 78 years old. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical systems, and foundation, and budget for ongoing maintenance typical of a home of this era.