362 Sackville Street

Property Overview: 362 Sackville Street, Deer Lodge, Winnipeg

Key Characteristics & Buyer Appeal

This one-and-a-half storey home in Deer Lodge presents a compelling blend of space, value, and established character. With 1,152 sqft of living area, it offers significantly more interior space than most comparable homes on its street. Its standout feature is the fully renovated basement, adding functional living space and modern convenience to the 1950s build. The property sits on a 4,695 sqft lot with a detached garage, providing practical outdoor and storage space.

The appeal lies in its strong value proposition within a mature neighbourhood. The home’s assessed value ranks in the top 9% on its street, suggesting it is a well-regarded property in its immediate context. While it’s a newer build for the area (1950), it benefits from the established streetscape and mature landscaping of Deer Lodge. This property would suit first-time buyers or downsizers seeking a move-in-ready home with a modernized basement, or a practical-minded buyer looking for a character home in a quiet neighbourhood without the maintenance concerns of a much older structure. It offers a "best house on the block" feel in terms of space and condition relative to its closest peers.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s assessed value is above average for Sackville Street itself but sits around the average mark for the wider Deer Lodge neighbourhood. This indicates it’s a solid, mid-range property for the community, but stands out positively on its specific street.

2. Is the lot size typical for the area?
The lot is slightly smaller than the average for Deer Lodge but is actually above average for Sackville Street. This suggests the street has a more compact, cohesive feel compared to some larger lots elsewhere in the neighbourhood.

3. What does the "Top 3%" ranking for Year Built mean?
Because "newer is better" in this ranking, a 1950 build ranking in the top 3% on its street indicates that most homes on Sackville Street are notably older. This home is one of the youngest on the block, which can be an advantage for systems, layout, and potentially fewer heritage-related considerations.

4. The home last sold in 2016. What might that indicate?
The seven-year ownership period suggests a period of stability. Coupled with the renovated basement, it implies the recent sellers likely invested in updates and maintained the property well during their tenure.

5. Who might this home not suit?
Buyers seeking a very large yard, a brand-new build, or an ultra-modern open-concept design throughout may find this property less aligned with their goals. It’s best for those who appreciate the character of a settled neighbourhood and a home that offers updated practicality within a traditional footprint.