Property Overview
112 Redonda Street is a compact, one-storey home built in 2005, situated on a standard-sized lot in Canterbury Park. Its key appeal lies in its modern build age relative to much of Winnipeg’s housing stock and its recently renovated basement, offering updated living space. The home is notably modest in size at 768 sqft of living area, which positions it well below average for both the street and neighbourhood. This results in a correspondingly lower assessed value, making it one of the more accessible entry points into the area.
This property would primarily suit first-time buyers or downsizers seeking a low-maintenance, modern-built home without a large footprint. Its appeal is practical rather than luxurious, offering a chance to live in a settled neighbourhood in a home that requires less immediate updating than many older counterparts. A thoughtful perspective is that while the living space is compact, the full, renovated basement and the decent lot size provide flexibility for storage, hobbies, or future expansion, which is not always available in similarly priced properties.
Frequently Asked Questions
1. Is this a small house?
Yes. With 768 sqft of above-ground living area, it is significantly smaller than most homes on its street and in Canterbury Park. This makes it efficient and easy to maintain, but space will be limited.
2. How does the build year (2005) affect the home?
Built in 2005, the home is newer than the vast majority of Winnipeg houses. Buyers can expect more modern construction standards, potentially fewer major system updates in the near term, and likely better energy efficiency than a mid-century home.
3. What does the “renovated basement” mean?
The listing confirms the basement is renovated, but the specific finishes and layout are not detailed. It’s important to clarify the renovation’s scope, whether it includes a legal secondary suite, and if proper permits were obtained.
4. Why is the assessed value relatively low?
The assessed value aligns closely with the home’s compact size. In Winnipeg, assessed value is heavily influenced by living area. The lower value reflects the smaller square footage, not necessarily the condition or the lot, which is a standard size for the area.
5. Who would this home not suit?
It may not suit growing families needing multiple bedrooms or dedicated living spaces, or buyers who prioritize ample indoor square footage. The lack of a garage could also be a drawback for those needing vehicle storage or significant workshop space.