Property Overview: 222 Conway Street, Deer Lodge, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1946, featuring 960 square feet of living space and a renovated basement. It sits on a roughly 5,600 sqft lot with a detached garage. The home’s recent sale in August 2024 indicates a move-in-ready property.
Its primary appeal lies in its efficiency and practicality within a well-established neighborhood. While the living area is below average for the street and city, this translates to lower utility costs and less maintenance—a genuine advantage for those looking to right-size. The renovated basement adds valuable functional space, effectively expanding the home’s usable footprint. The lot size is generous for the area, offering good outdoor potential relative to the home's scale.
This property would suit first-time homebuyers seeking an affordable entry into the market, downsizers looking for a manageable home without sacrificing yard space, or practical investors interested in a stable, renovated rental property. It represents a "value-average" proposition: not the largest or newest, but a solid, updated home in a convenient location.
Frequently Asked Questions
1. Is the house small?
Yes, at 960 sqft, the above-ground living space is below the average for both Conway Street and Winnipeg overall. However, the renovated basement provides additional finished space, making the total usable area more comfortable.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A viewing or inquiry with the listing agent is necessary to determine if it includes a legal suite, additional bedrooms, a family room, or simply updated finishes.
3. How does the assessed value relate to the sale price?
The home was assessed at $33,100 but sold for $36,300 in August 2024. This is common, as the sale price reflects the current market, while the assessed value is used for municipal tax purposes and may lag behind market trends.
4. What are the pros and cons of a detached garage?
A detached garage provides excellent storage or workshop space separate from the house. The trade-off is convenience, as you will need to go outside to access it from your home, which can be a consideration during Winnipeg winters.
5. The home is 80 years old. What should I be concerned about?
While the basement has been renovated, a home of this age may still have original major systems (like plumbing, electrical, or the roof) that require inspection. An older home on a good-sized lot also offers potential for future updates or expansions, subject to local zoning laws.