Property Overview: 332 Overdale Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This two-storey home in Deer Lodge presents a compelling blend of space, location, and established value. Its key characteristic is its generous 2,000 sqft of living area, which places it in the top 11% of homes in Winnipeg and the top 2% within the desirable Deer Lodge neighborhood itself. This substantial size is complemented by a fully renovated basement and an attached garage. The property sits on a well-sized 6,055 sqft lot, offering ample outdoor space that is above average for the area.
The appeal lies in its clear standing as a larger, premium property within a mature and sought-after community. While built in 1939, its above-average assessed value and strong recent sale history indicate a home that has been maintained and valued well above many of its peers. It suits buyers looking for move-in-ready space without sacrificing yard size—ideal for growing families, those who value multi-generational living with a finished basement, or professionals seeking a established neighborhood with room to breathe. A thoughtful perspective is that this home offers the "gentle density" many older neighborhoods are praised for: significant living space on a single lot, without the footprint of a modern mega-home, preserving neighborhood character.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1939, the home is older than the Winnipeg average. However, its assessed value ranks in the top 1% for Deer Lodge and top 5% on its street, suggesting significant updates and desirable character that offset its age. The renovated basement is a noted positive.
2. Is the price per square foot competitive for the area?
Based on the provided sale history and assessed value metrics, the home has consistently commanded a premium compared to local averages. This indicates that its size, condition, and lot are valued highly in the market.
3. What is the neighborhood vibe and convenience like?
Deer Lodge is a mature, established neighborhood. The data shows this property ranks "Elite" within this area for both living area and assessed value, meaning it is among the larger and more valuable homes in a already well-regarded community, likely close to parks, schools, and local amenities.
4. How does the lot size compare, and what are the implications?
At over 6,000 sqft, the lot is above average for both Deer Lodge and the city. This means more private outdoor space, garden potential, and distance from neighbors than is typical, a significant advantage in an older neighborhood.
5. What do the sale history and assessed value trends indicate?
The home sold in 2023 at a price that ranked in the top 1% for the area at that time, following a previous sale in 2021. This, paired with its consistently high assessed value ranking, points to a property that has appreciated well and is considered a solid, high-end asset within its specific market.