357 Sackville Street

Property Overview

This 1945 one-storey home at 357 Sackville Street in Winnipeg's Deer Lodge neighbourhood presents a compact, efficiently sized living space. At 762 sqft, the house itself is smaller than many area homes, but it sits on a decent 4,694 sqft lot and features a renovated basement and a detached garage. Its assessed value is notably strong for its immediate street, ranking in the top 14% among nearby properties. The data suggests a home that has been maintained and valued above its direct peers, possibly due to updates or its specific lot. It last sold in mid-2023.

Its appeal lies in its manageability and location. It’s a classic post-war bungalow ideal for a first-time buyer, downsizer, or an investor seeking a stable, low-maintenance property in an established community. The renovated basement adds functional living space, and the detached garage offers utility or storage. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less upkeep, allowing owners to enjoy the mature neighbourhood without the burden of a large house. The strong street-level assessment, compared to its modest size, hints at underlying value not immediately apparent in the square footage.

This property would best suit practical buyers looking for an entry point into the market, those who prefer single-level living, or individuals who value a larger outdoor space over a large interior. It’s less suited for those requiring multiple bedrooms or extensive indoor living areas.

Frequently Asked Questions

1. Is the house too small?
At 762 sqft above grade, it is compact. However, the renovated basement effectively expands the usable living area, making it more functional than the main floor square footage alone suggests.

2. Why is the assessed value so high compared to other homes on the street?
While the home is smaller, its assessment ranks in the top 14% on Sackville Street. This typically reflects factors like the renovated basement, overall condition, lot desirability, or recent comparable sales, indicating the market recognizes value beyond pure size.

3. What is the neighbourhood like?
Deer Lodge is a long-established, quiet residential area in Winnipeg. The property rankings show it's a neighbourhood of mostly older, modestly sized homes on decent lots, offering a stable and community-focused environment.

4. What are the potential downsides?
The main home is smaller than the Deer Lodge average, and the building is 81 years old. While updated, buyers should still budget for ongoing maintenance typical of a vintage home and consider if the layout meets their spatial needs.

5. Is there room for expansion?
The lot size (4,694 sqft) is below average for Deer Lodge but still provides reasonable outdoor space. Whether an expansion is possible would depend on the specific zoning bylaws, the home's current footprint, and the cost versus value equation in this area.