Property Overview: 326 Winchester Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1939, offers a blend of established character and practical updates. Its key feature is a recently renovated basement, adding valuable finished living space to the home's 1,500 sqft footprint. The property sits on a generous, approximately 6,000 sqft lot with a detached garage. Data indicates this home stands out in its Deer Lodge neighborhood, ranking above average for both living area and assessed value compared to local peers. Its appeal lies in this combination of more-than-adequate indoor and outdoor space within a mature, established community. It would suit a buyer looking for a solid, character home with room to grow, who values the stability of an older neighborhood over a brand-new build. A thoughtful perspective is that while the home is older city-wide, its well-maintained or updated state (as seen in the basement) has preserved its value competitively within its immediate area, offering a balance of charm and functionality.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,500 sqft of living area, this home is larger than many in both the Deer Lodge neighborhood and on Winchester Street itself, placing it in the top 13-19% locally.
2. What does the assessed value indicate?
With an assessed value of $365,000, the property is considered above average for its street and neighborhood, suggesting it has features or conditions that are valued higher than many comparable homes in the immediate area.
3. Is the lot size typical?
The lot is just under 6,000 sqft, which is larger than the average lot in Deer Lodge, offering more outdoor space than many neighboring properties.
4. The home was built in 1939. What should I consider?
While the home is of average age for its street, it is older than most city-wide. The renovated basement is a positive update, but a thorough inspection is recommended to understand the condition of original elements like wiring, plumbing, and the foundation.
5. How does the last sale price relate to the current assessment?
The home sold for $325,000 in late 2020. The current assessed value of $365,000 reflects the market's general appreciation and the property's standing, but the final sale price is always determined by the current market.