Property Overview
This well-established home at 70 Deerpark Drive offers a blend of space, mature setting, and solid value. Built in 1987, it's a two-storey home with nearly 2,000 sqft of finished living space, including a developed basement, situated on a large, quiet lot of over 8,300 sqft. Its appeal lies in its generous proportions both indoors and out, providing room to grow and privacy that is harder to find on newer lots. The home suits buyers looking for a move-in-ready family home in a mature neighbourhood, who prioritize interior space and yard size over having a garage, and who appreciate a property that has held strong long-term value.
Key Details & Suitability
- Key Characteristics: The property features a large, 8,364 sqft lot and a nearly 2,000 sqft two-storey layout with a finished basement. It has no garage or pool. Data rankings show it excels in lot size, living area, and assessed value within Winnipeg overall.
- Primary Appeal: The standout features are the very spacious lot and above-average interior square footage for the area. The home is newer than most in its immediate street and neighbourhood, and its current assessed value ranks highly city-wide, indicating a solid investment in a desirable setting.
- Ideal Buyer: This home is best suited for families or those needing ample indoor and outdoor space. It fits buyers who value established communities with larger lot sizes and are comfortable with a property that does not include a garage. Its strong city-wide rankings in size and value will appeal to the long-term, equity-minded purchaser.
Frequently Asked Questions
1. How does the lack of a garage impact the property?
While the home has no garage, the exceptionally large lot provides ample space for parking and potential for adding a detached garage or workshop, subject to local bylaws. This is a trade-off for more private outdoor space.
2. The home is nearly 40 years old. What should I consider?
Built in 1987, the home is newer than many in its surroundings. A thorough inspection is recommended to assess the condition of major age-related components like the roof, windows, and HVAC system, which may be nearing or past their typical lifespans.
3. The lot is large. What are the benefits and responsibilities?
The over 8,300 sqft lot offers great privacy, play space, and gardening potential. Buyers should consider the ongoing maintenance (lawn care, landscaping) and associated costs, which are greater than for a standard-sized lot.
4. How does the 2017 sale price compare to today's assessment?
The home sold for $490,000 in 2017 and now has an assessed value of $591,000. This increase reflects broader market trends and the property's specific strengths, such as its lot size and living area. It's important to note that assessed value is for taxation and may differ from current market value.
5. The neighbourhood ranking for "Living Area" is very high. What does this mean?
Ranking in the top 13% of its community for living area means this home offers more interior space than most houses in the immediate area. This is a key advantage for buyers seeking larger rooms or more bedrooms without moving to a newer suburb.