Property Overview: 452 Winchester Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey home built in 1920, situated on a generous lot in the established Deer Lodge neighborhood. With 912 square feet of living space, it is notably smaller than most comparable homes in the area, positioning it as a more affordable entry point. Its key features include a renovated basement and a detached garage.
The primary appeal lies in its value proposition and land. The lot size of nearly 6,000 sq. ft. is above average for Deer Lodge, offering significant outdoor space and potential relative to the home's footprint. This creates a unique dynamic: a modest house on a sizable lot. It suits first-time buyers, downsizers, or investors seeking a lower-priced property in a mature neighborhood, particularly those who prioritize yard space over interior square footage and are comfortable with a home that requires personalization. A thoughtful perspective is that the size discrepancy between house and lot could be seen not just as a space constraint, but as a clear opportunity for future expansion or landscaping projects, with the renovated basement already adding functional living area.
Frequently Asked Questions
1. Is the house too small?
At 912 sq. ft., the living area is below average for the street, neighborhood, and city. It would best suit individuals, couples, or small families comfortable with cozy, efficient living spaces.
2. What is the significance of the lot size?
The lot is a key asset. At 5,997 sq. ft., it is larger than most in Deer Lodge, providing ample private outdoor space for gardens, recreation, or storage, which is uncommon for homes in this price range.
3. How does the assessed value relate to the sale price?
The home last sold in September 2023 for $25.70k. Its current assessed value is $28.90k. This suggests the assessment is relatively recent and aligns closely with its recent market activity, indicating a stable, lower-value property.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This should be a primary question for the listing agent to understand the home's true functional living space and condition.
5. Who would this property not suit?
It would likely not meet the needs of buyers looking for a move-in-ready, spacious family home with modern, open-concept layouts. Its charm is in its simplicity and potential, not in immediate size or luxury.