Property Overview
This 1947 one-storey home at 401 Sackville Street in Deer Lodge presents a distinct profile. At 728 sqft, the living space is compact, ranking below average for the area. However, its key strength lies in its generous 4,697 sqft lot, which is notably larger than many on its street. The home features a renovated basement and a detached garage. Its assessed value is relatively high for Sackville Street, suggesting the property is viewed favorably compared to its immediate neighbors, likely due to the lot size and updates. The appeal here is for a buyer prioritizing land over square footage—someone who values outdoor space, potential for expansion, or gardening in a mature neighborhood. It would suit a first-time buyer, downsizer, or investor looking for a manageable, character home with a valuable lot in a well-established community. The property offers a trade-off: a smaller, older house on a more substantial piece of land.
Frequently Asked Questions
1. Is the house too small for a family?
At 728 sqft, the main floor living space is compact. It may suit a small family, particularly if the renovated basement provides additional functional space. The large lot, however, offers valuable outdoor room for children and entertaining.
2. Why is the assessed value high for the street?
While the home's assessed value is below average for Deer Lodge overall, it ranks in the top 23% on Sackville Street. This premium likely reflects the home's larger-than-average lot size for the street and the renovated basement, factors that add value relative to its direct neighbors.
3. What are the possibilities with such a large lot?
The lot is a key feature. It provides ample space for gardening, recreation, or adding a deck or patio. For the right buyer, it may also present future potential for additions or redevelopment, subject to local zoning bylaws.
4. How does the 2016 sale price compare to the current assessment?
The home sold for $22,900 in 2016. Its current assessed value is $28,900. This increase may reflect market changes and the noted renovations completed since that last sale.
5. What does the "below average" ranking for living area in Deer Lodge mean?
This statistic means that approximately 95% of homes in the broader Deer Lodge area are larger than this one. It highlights that this property offers a more modest living footprint compared to the neighborhood typical, which is an important consideration for buyers needing more interior space.