Property Overview: 461 Winchester Street, Deer Lodge, Winnipeg
This one-storey home in Deer Lodge presents a practical opportunity in a well-established neighbourhood. Its key appeal lies in offering solid fundamentals—a renovated basement, a detached garage, and a generous lot—within a house that feels comfortably sized rather than sprawling. Built in 1952, it is notably newer than many homes in the immediate area, which may suggest fewer concerns related to the age of core components. The assessed value ranks above average for both the street and Deer Lodge, indicating official valuation strength relative to its local peers.
The property would suit first-time buyers or downsizers looking for manageable, single-level living without sacrificing yard space. It also appeals to the value-conscious buyer who prioritizes a renovated basement for extra living space and a lot size that offers room for gardens, play, or future projects. A less obvious angle is its potential for someone interested in the Deer Lodge neighbourhood who prefers a home from the mid-century era, which often comes with more modern wiring and plumbing foundations than the neighbourhood's earlier stock.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,117 sqft, the living area is close to the city-wide average. It is somewhat smaller than the average home on Winchester Street but is a typical size for the Deer Lodge area, offering a comfortable footprint for a couple or small family.
2. Why is the assessed value considered above average locally?
The home's assessed value ranks in the top 23-26% for both the street and Deer Lodge. This strong valuation relative to neighbours can be influenced by factors like the renovated basement, the newer construction year (for the area), and the desirable lot size.
3. What are the implications of the home being built in 1952?
For Deer Lodge, a 1952 build date is relatively recent, placing it in the top 10% of homes by age in the neighbourhood. This can be an advantage, potentially meaning updates to major systems have already been incorporated or that original components are less aged than in surrounding, older homes.
4. Is the lot size a standout feature?
The lot is just under 6,000 sqft, which is above average for Deer Lodge and about average for the street. It provides ample private outdoor space, which is a significant asset in a mature neighbourhood.
5. What does the sale history indicate?
The home last sold in October 2016 for $285,000. The current assessed value is higher, which reflects market changes and property improvements since that time, such as the basement renovation noted in the listing.