Property Overview
This well-situated one-storey home on Winchester Street in Deer Lodge presents a compelling blend of established neighborhood character and modern updates. Its key appeal lies in a recently renovated basement, adding valuable finished living space to the 1,269 sqft footprint. The detached garage offers flexibility for parking or storage. While the home's living area is average for the street and city, its assessed value stands out significantly in the immediate area, ranking in the top 5% on Winchester Street. This suggests a property that has been substantially improved or is valued for its specific lot and condition. The generous lot size of nearly 6,000 sqft for Deer Lodge is a notable asset, offering above-average outdoor space for the neighborhood.
It would suit buyers looking for a move-in-ready home with a modern lower level in a mature community, who value a larger yard. It's also a fit for those who appreciate a property with an assessed value that leads its immediate block, indicating a strong investment within the local context. The single-storey layout may appeal to those planning for long-term accessibility.
Frequently Asked Questions
1. How does the home's value compare to its neighbors?
The home's assessed value of $410k is notably higher than the street average (~$320k), placing it in the elite top 5% of Winchester Street. This premium suggests updates, a desirable lot, or a condition that exceeds neighboring properties.
2. Is the lot size typical for the area?
At 5,998 sqft, the lot is larger than average for the broader Deer Lodge neighborhood, ranking in the top 19%. However, it is slightly below the average lot size specifically on Winchester Street itself.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the renovation, and whether it includes legal secondary suites or additional bedrooms.
4. The home was built in 1952. What should I consider?
While newer than many homes on its street (top 11%), a 1952 build means core systems like plumbing, electrical, and the roof may be due for inspection or updates, even if the basement has been recently renovated.
5. Why is there such a large gap between the 2019 sale price and the current assessed value?
The home sold for significantly less in 2019. The current assessed value likely reflects substantial improvements made since that sale (like the basement renovation) and strong market appreciation in the area, underscoring the property's upgraded condition.