Property Overview: 391 Lyle Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Deer Lodge presents a practical and straightforward opportunity. Built in 1951, its 976 sqft living space is comfortably sized for the street and neighbourhood, though modest by wider city standards. A key feature is the renovated basement, adding functional living space. The detached garage and a land parcel of 4,796 sqft—which is notably larger than many lots on the same street—offer valuable outdoor space and potential.
The appeal here is one of balance and realistic value. The home sits in the middle of the pack for assessed value both locally and citywide, suggesting a fair, established price point without premium hype. It suits first-time buyers seeking an entry into a stable neighbourhood without a fixer-upper's full burden, thanks to the updated basement. It could also appeal to downsizers looking for manageable single-level living with a generous yard for gardening or pets. A less obvious perspective is its potential for a buyer who values a larger-than-average lot on the block—a relative rarity that provides more private outdoor space than the immediate neighbours, which is a long-term asset.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 976 sqft, the living area is slightly below the neighbourhood average but is quite typical for Lyle Street itself. The renovated basement effectively expands the usable space beyond the main floor square footage.
2. Is the assessed value in line with the area?
Yes. The assessed value of $310,000 is consistently around the average—not the highest nor the lowest—when compared to similar homes on its street, in Deer Lodge, and across Winnipeg.
3. What stands out about the property itself?
The lot size is a standout feature for the immediate area. At nearly 4,800 sqft, it is larger than most lots on Lyle Street, offering more yard space than you might expect from the home's otherwise average metrics.
4. What type of neighbourhood is Deer Lodge?
Deer Lodge is a long-established, residential neighbourhood in Winnipeg. It typically offers a quiet, community-oriented atmosphere with a mix of older and newer homes, and is known for its proximity to parks and the Assiniboine River.
5. When was it last sold, and for how much?
The home was last sold in December 2017. The sale price from that transaction is not provided in the current data, but the assessed value offers a current benchmark for municipal taxation purposes.