Property Overview: 342 Belvidere Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a solid, no-fuss opportunity in the established Deer Lodge neighbourhood. Its key characteristics are those of a classic, modestly-sized Winnipeg property: 1,086 sqft of living space, a renovated basement, a detached garage, and a standard 4,804 sqft lot. The data reveals a home that is consistently "around average" for its immediate street and neighbourhood in terms of lot size and assessed value, but it stands out for being notably newer than most houses on its block.
The appeal lies in its practicality and position within a mature community. The renovated basement adds immediate functional space without the need for a project, and the detached garage offers valuable storage or workshop potential. A thoughtful perspective is that its "average" metrics within a desirable area like Deer Lodge can represent a stable, lower-risk entry point into the market, avoiding the premium often attached to standout properties. It would suit first-time buyers, downsizers, or pragmatic investors looking for a turnkey home in a quiet, long-established neighbourhood without requiring extensive modernization. Its newer build year relative to the street suggests potentially fewer age-related issues than its neighbours.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,086 sqft, the living area is below the average for similar homes on Belvidere Street itself (avg. ~1,260 sqft) but is closer to the average for the wider Deer Lodge neighbourhood (avg. ~1,197 sqft). It offers a compact, efficient layout.
2. What does the assessed value indicate?
The assessed value of $30,400 is consistently around the average for the street, the neighbourhood, and even citywide for comparable properties. This suggests the property is priced in line with market norms for its type and area, not as a premium or a fixer-upper.
3. Is the 1947 build year an advantage?
On Belvidere Street, yes. This home is newer than most on its block, ranking in the top 21%. This could imply updates to core systems in its history and potentially less immediate concern for some of the major repairs common in older homes.
4. What is the neighbourhood like?
Deer Lodge is a mature, residential neighbourhood in Winnipeg. The listing shows nearby properties are closely spaced, indicating a traditional streetscape with a community feel. It's a settled area, not a new development.
5. When was it last sold, and for how much?
The home was last sold in April 2021 for $30,800. The current assessed value is very close to that last sale price, indicating stable value in recent years.