Property Overview: 423 Albany Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Deer Lodge presents a compelling mix of modern convenience and established neighbourhood character. Built in 2012, it is a notably newer construction compared to most homes in the area, offering contemporary building standards and likely lower immediate maintenance. With 1,324 sqft of living space, it provides ample room and ranks well above average for size both on its street and within Deer Lodge. A key feature is the renovated basement, adding functional living space.
The primary appeal lies in its efficient, move-in-ready profile within a mature community. It suits first-time buyers or downsizers seeking a modern home without a sprawling yard to maintain, as the lot is compact relative to area norms. The above-average assessed value for the street and neighbourhood suggests a perception of quality and desirability. A thoughtful perspective is that this property offers a "best of both worlds" scenario: the modern interior and systems buyers often want, embedded in a well-established neighbourhood with mature trees and services, all while representing an efficient use of urban space.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
At 2,498 sqft, the lot is significantly smaller than the average for both Deer Lodge and Winnipeg overall. This means lower yard maintenance, but also less private outdoor space. The trade-off is a newer, larger home on a more efficiently sized parcel.
2. What does the assessed value indicate?
The assessed value of $36,300 is above average for both Albany Street and the wider Deer Lodge area. This typically reflects the property's newer age, renovated condition, and size relative to its immediate peers, though market sale price can differ.
3. Is this a typical home for Deer Lodge?
Not in terms of age. Being built in 2012 makes it an outlier in a neighbourhood where many homes are decades older. It offers a modern alternative within the same sought-after location, schools, and amenities.
4. What is the context of the last sale price?
The home sold for $310,000 in June 2016. This historical data point is useful for understanding past market value, but current conditions, improvements, and market trends will determine its present valuation.
5. How does the living space compare practically?
At 1,324 sqft, the living area is substantial for the street (ranking in the top 10%) and above the neighbourhood average. This suggests a comfortable interior size that exceeds the footprint of many nearby, older homes, making it feel spacious within its setting.