Property Overview: 350 Moorgate Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a solid, mid-century character home with practical updates. Its key features include a renovated basement and a detached garage, situated on a standard-sized lot of just over 5,600 sqft. With 1,121 sqft of living space, it sits comfortably within the average range for its immediate neighborhood and the wider city.
The appeal here is one of balance and potential. The home is notably newer than most on its street (built in 1949, ranking in the top 4% locally for year built), suggesting potentially fewer age-related concerns than its neighbors. Its last known sale was in August 2022 for $380k. It suits buyers looking for a grounded, no-fuss property in a well-established area—someone who values a functional layout, a finished basement for extra space, and a home that doesn’t stand out as unusually large or small, but rather as a comfortable and manageable footprint. It’s a candidate for those who appreciate a home with good bones in a quiet neighborhood, possibly seeing value in its relative modernity on the block.
Frequently Asked Questions
1. How does this home compare in size and value to others nearby?
The home is consistently around the average for living area, land size, and assessed value when compared to similar properties on Moorgate Street, in the Deer Lodge area, and across Winnipeg. It’s not an outlier in any category, representing a typical offering for the market.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits for this work are not detailed here. This would be a key point for buyer due diligence and inquiry with the seller.
3. Is the $31.4k assessed value the property tax assessment?
Yes, this appears to be the municipal assessed value for taxation purposes. It is crucial to note that this figure is not the market value or listing price. The home last sold for $380k in 2022, which is a more relevant indicator of its market worth.
4. What are the implications of the home being newer than others on the street?
While still a 1949 home, being newer than most on the block can be a subtle advantage. It may indicate updated construction methods for its time, and potentially less cumulative wear compared to older neighboring houses, though a full inspection is always necessary.
5. What is the neighborhood and lot like?
The home is in Deer Lodge, a mature Winnipeg neighborhood. The lot is a standard rectangular size for the area. The proximity of nearby homes, as seen with neighbors roughly 15-30 meters away, is typical for the community and offers a traditional, close-knit street feel.