Property Overview: 376 Guildford Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge is a practical and character-filled property built in 1950. With 1,297 sqft of living space and a recently renovated basement, it offers solid fundamentals for comfortable living. Its standout feature is the 5,611 sqft lot, which is notably larger than many in the immediate area and neighbourhood, providing valuable outdoor space and potential.
The home’s appeal lies in its balance of established charm and practical updates within a mature, quiet community. The assessed value positions it as a more accessible entry point into the Deer Lodge area compared to many peers. It would particularly suit first-time buyers or downsizers looking for a manageable home with a generous yard in a settled neighbourhood, without the premium price tag of a newer or fully modernized property. A thoughtful perspective for buyers is to recognize the value in the lot size and the renovated basement—these are tangible assets that offset the home’s average living area and older vintage, offering a foundation for both immediate use and future personalization.
Section 2: Frequently Asked Questions
1. How does the home’s value compare to the area?
The home’s assessed value is around the neighbourhood average but is below average for its specific street. This can indicate a potentially more affordable purchase price on a street with possibly higher-valued homes, offering value within a desirable location.
2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, ceiling height, and whether it includes a separate entrance or additional bathroom to fully understand the added living space.
3. Is the lot size a significant advantage?
Yes. The lot is larger than approximately 85% of properties on the same street and 72% in Deer Lodge. This is a considerable asset for gardening, recreation, or future expansion like a garage or deck, which can be harder to find in mature neighbourhoods.
4. The home was built in 1950. What should I be aware of?
While the systems and structure have been maintained for decades, a pre-purchase inspection is crucial to evaluate the condition of the roof, wiring, plumbing, and foundation common to homes of this era. Its age is older than most city-wide but is actually newer than many immediate neighbours.
5. There’s no garage. Is there parking or potential to build one?
The listing notes no garage. You should verify driveway or on-street parking availability. The large lot may provide space to add a garage or carport, subject to local zoning bylaws and setback requirements, which would be a valuable future upgrade.