Property Overview: 331 Conway Street, Deer Lodge, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-and-a-half storey home in Deer Lodge offers solid, above-average space for the neighborhood. With 1,462 sqft of living area, it ranks in the top 7% on its street and top 15% in Deer Lodge, providing more room than many comparable local homes. The property sits on a 5,602 sqft lot, offering good outdoor space typical for the area. Key features include a renovated basement and a detached garage.
Its primary appeal lies in its strong positional value within a established community. The home is not the newest—built in 1949—but it is notably newer than many on its street and in the wider city, suggesting a potentially more updated structural core compared to peers. The recent sale price of $400k significantly exceeds its assessed value, indicating strong market demand and buyer confidence in this specific location and property type.
This home would suit practical buyers looking for a character home with generous interior space in a mature neighborhood. It’s ideal for someone who values a quiet, established street over a brand-new development and appreciates the potential that comes with a renovated basement and a sizable, detached garage.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
It is notably larger than most similar homes in the immediate Deer Lodge area, ranking in the top 15% for living space locally. This means you get more interior room than is typical for the neighborhood.
2. The sale price is higher than the assessed value. What does that mean?
The $400k sale price reflects the current market value determined by a buyer, while the assessed value is for municipal tax purposes. The difference often indicates strong buyer competition for desirable homes in the area, viewing features like the renovated basement and lot size as worth a premium.
3. Is a 1949-built home a concern?
While older, the data shows this home is actually newer than the average on its street and in Deer Lodge. For its age cohort in the city, it ranks above average, suggesting it may have been built later in the neighborhood's development period, potentially with some updated building practices or materials for its time.
4. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used as a workshop, studio, or for vehicle storage without concerns about fumes or noise entering the main house. It also provides more options for future landscaping or garden space between structures.
5. How does the lot size impact the property?
At over 5,600 sqft, the lot is standard for Deer Lodge but offers ample backyard space for gardening, recreation, or entertaining. It’s a comfortable size for a family, providing a good balance between manageable upkeep and usable outdoor area.