Property Overview
This 1949 one-storey home at 411 Conway Street in Winnipeg's Deer Lodge neighbourhood presents a specific and appealing opportunity. Its key appeal lies in the combination of a renovated basement and a generously sized lot that is well above average for its immediate street and area. With 913 square feet of living space, the house itself is compact and below average in size for the locale, suggesting a focus on efficient living or expansion potential rather than existing square footage.
The property would suit a first-time homebuyer or downsizer looking for a solid, no-frills home in a mature neighbourhood without a large mortgage. It's also a candidate for a long-term holder who values land size, as the lot of over 5,600 sq ft offers notable outdoor space and future redevelopment possibilities rare for the area. The renovated basement adds immediate functional living space, making it move-in ready for those who don't require a large main-floor footprint.
Key Details & FAQs
- Living Space: 913 sq ft (one storey + renovated basement)
- Lot Size: 5,611 sq ft
- Year Built: 1949
- Assessed Value: $30,600
- Last Sale: January 2021, $26,600
1. Is the house too small?
At 913 sq ft on the main floor, it is notably smaller than many area homes. However, the renovated basement effectively doubles the functional living area, making it more practical than the initial square footage suggests.
2. What does the lot size mean for me?
The lot is a standout feature, ranking in the top 6% on Conway Street for size. This offers superior outdoor space for gardens, recreation, or storage, and provides a valuable asset for future potential expansion, subject to zoning.
3. How does the assessed value compare?
At $30,600, the assessment is around the average for the broader Deer Lodge area. This can indicate a stable, established value without the premium often attached to larger homes, potentially offering a more accessible entry point.
4. Is a 1949 home a concern?
While older, the home is actually newer than many on its street and in Deer Lodge. The renovated basement suggests some updates have been made, but a thorough inspection for aging components (like roof, plumbing, wiring) is always recommended for a home of this era.
5. Who would this property not suit?
It may not fit buyers seeking a large, modern open-concept layout or multiple main-floor bedrooms. The value proposition here is the land and the functional, updated basics, not high-end finishes or ample main-floor square footage.