Property Overview
This one-and-a-half storey home on Conway Street in Deer Lodge is a classic Winnipeg property built in 1947. It offers 1,167 sqft of living space, which is very typical for the area, situated on a standard 5,589 sqft lot. The home features a detached garage and an unfinished basement. Its assessed value is notably modest compared to city-wide averages, positioning it as an accessible entry point into a mature neighborhood.
Key Characteristics & Appeal
The primary appeal of this property lies in its straightforward, no-frills offering within a stable, established community. It suits first-time homebuyers, downsizers, or value-focused investors looking for a functional home without a premium price tag. The lot size and living area are squarely average for Deer Lodge, suggesting it fits the neighborhood norm rather than standing out. A thoughtful perspective is that the home’s unrenovated basement and lower assessed value present a clear canvas; the value for the right buyer will be in the potential to customize and add equity over time, rather than in move-in-ready finishes. Its long-term ownership history (since at least 2016) indicates a stable property, and its price point allows for budgeting towards necessary updates.
Frequently Asked Questions
1. Is this a fixer-upper?
The listing notes the basement is "not renovated," and the home's age suggests some systems may be original. It is likely a candidate for gradual updates, appealing to those comfortable with planning renovations.
2. How does the assessed value compare to likely market price?
The assessed value is significantly below the city-wide average for comparable homes. In Winnipeg, assessed value is for tax purposes and often differs from market value. Buyers should rely on a current market evaluation.
3. What is the neighborhood like?
Deer Lodge is a mature, residential area with a mix of older and updated homes. The property's metrics show it is very typical for this specific street and area in terms of size and age, indicating a consistent streetscape.
4. What are the implications of a detached garage?
A detached garage offers flexibility (e.g., workshop space) but means dealing with snow removal between buildings in winter. It's a common feature for homes of this era.
5. Why is the living area considered "around average"?
The data shows the home's square footage ranks almost exactly in the middle when compared to similar homes on its street, in Deer Lodge, and across Winnipeg. It is neither particularly spacious nor small for its type.