Property Overview
This one-and-a-half storey home on Duffield Street in Deer Lodge presents a solid, no-fuss opportunity. Built in 1949, it is notably newer than many of its immediate neighbours, which can be an advantage for systems and structure. With 1,155 sqft of living space and a renovated basement, it offers functional space for a small family or couple. Its key appeal lies in its balanced metrics: the lot size is above average for Deer Lodge, providing good outdoor space, while the home’s assessed value and living area are consistently "around average" for the street, neighbourhood, and city. This suggests a property that is neither over-improved nor underdeveloped for its context, representing a stable, predictable investment. The detached garage adds practical utility.
It would suit a pragmatic first-time homebuyer or an investor looking for a straightforward, low-drama property in a well-established neighbourhood. Its average standings across the board mean it’s unlikely to have surprising premium costs or drastic value discrepancies, appealing to those seeking a manageable entry into the Winnipeg market without extreme fixer-upper demands or luxury prices.
Frequently Asked Questions
1. Is the house smaller than average?
The living area is slightly below the direct neighbourhood average but ranks solidly in the middle when compared to the immediate street and the wider city. It’s a compact, efficient layout typical of its era.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, permits, and whether it includes a legal suite or additional living space.
3. How does the assessed value relate to market price?
The assessed value is for municipal tax purposes. The last known sale was in 2016 for $28.5k. Current market value will be influenced by factors like the interior condition, updates since last sale, and market trends, and will likely be significantly higher than the assessed figure.
4. Is the larger lot a major advantage?
The lot is above average for Deer Lodge, offering more private outdoor space than many peers. This is a tangible asset for gardening, recreation, or future expansion, but may also mean slightly higher maintenance or landscaping responsibility.
5. The home is older. Should I be concerned?
While 77 years old, it is actually newer than many homes on its street and in Deer Lodge. This relative advantage suggests potentially fewer issues with very aged materials, but a thorough inspection of the roof, foundation, wiring, and plumbing for a home of this age remains essential.