Property Overview: 312 Conway Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Deer Lodge presents a practical opportunity in a well-established neighborhood. Built in 1949, it is slightly newer than many of its immediate peers on Conway Street. The 1,161 sqft living space and 5,598 sqft lot are both squarely in the average range for the area, offering a manageable scale. Key features include a detached garage and a basement that is noted as being unrenovated, indicating potential for future customization.
The primary appeal lies in its position as a grounded, no-frills property in a stable setting. Its assessed value is notably lower than the street average, which could signal an entry point for value-conscious buyers or indicate room for value growth through updates. This home would suit a first-time buyer comfortable with a property that may require gradual improvements, or an investor looking for a straightforward rental in a neighborhood of consistent, average-value homes. A thoughtful perspective is that an unrenovated basement, while a project, offers a blank slate to create additional living space without the need to undo someone else’s dated renovations.
Section 2: Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The assessed value is below the average for Conway Street itself, while being around average for the wider Deer Lodge area. This suggests the property may be priced competitively on its block, offering relative value within its immediate context.
2. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often containing cozy bedrooms or additional space. It’s a classic design for Winnipeg homes of this era, offering efficient use of space.
3. The basement is noted as "not renovated." What should I consider?
This means the basement is likely in original or utilitarian condition. It’s functional space but will require investment for modern finishes. Consider this in your budget and planning, but view it as an opportunity to add value tailored to your needs.
4. How does the lot size compare?
At just over 5,500 sqft, the lot is very typical for Deer Lodge. It provides adequate outdoor space for gardening, recreation, or additions, without the high maintenance of a much larger yard.
5. The home was built in 1949. What are the implications?
While newer than many on its street, it is still a post-war home. Buyers should budget for expected maintenance and potential updates to aging components like plumbing or wiring, while also appreciating the character and solid construction of that period.