Property Overview: 341 Moorgate Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a practical and value-oriented opportunity. Its key characteristics include a renovated basement, a detached garage, and a notably larger-than-average lot for the immediate street. Built in 1949, it is a newer construction compared to most homes on Moorgate Street. While the living space is modest at 1,046 sq ft, the property’s assessed value ranks above average for both the street and the neighborhood, suggesting a perception of solid value or desirable updates.
The appeal lies in its grounded positioning. It’s not the largest home, but it offers modernized essentials (the basement) and valuable outdoor space on a quiet street. It suits first-time buyers seeking an entry into a stable neighborhood without a massive footprint, or practical downsizers who value a manageable home with a good lot size and recent updates. A thoughtful perspective is that its "above-average" assessment on a street of older homes could indicate it's a well-maintained standout among peers, offering a balance of character and condition.
Section 2: Frequently Asked Questions
1. Is the house small?
The living area is 1,046 sq ft, which is below average for Moorgate Street itself. This indicates a cozier, more efficient layout rather than a sprawling home, which can mean lower utility costs and less maintenance.
2. Why is the assessed value higher than the street average?
The assessed value ranks in the top 25% for the street and neighborhood. This typically reflects factors like the renovated basement, the lot size, and the home's condition relative to its peers, as it is also one of the newer homes on the block.
3. What is the lot size and is it usable?
The lot is 5,605 sq ft, which is above average for the street. This provides good outdoor space for gardening, recreation, or future additions like a deck or shed, a valuable asset in an established neighborhood.
4. How does it compare to the wider city?
City-wide, this home is around average in living space, land area, and assessed value. Its standout metrics are primarily within its immediate Deer Lodge context, highlighting it as a solid, typical Winnipeg property with particular strengths in its micro-location.
5. When was it last sold and for how much?
It sold in August 2023 for $357,000. This recent sale provides a clear, current market benchmark for the property's value.