Property Overview
136 Chadwick Crescent is a well-maintained two-storey home in Canterbury Park, built in 2008. It features an attached garage and a renovated basement. The property sits on a 4,397 sqft lot and offers 1,703 sqft of living space. It sold in March 2024 for $510,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its modern age and efficient layout within a stable neighbourhood. Built in 2008, it is notably newer than most homes in Winnipeg and is among the newest on its own street, suggesting less immediate concern for major system or roof replacements. The renovated basement adds functional living space. While the lot size is smaller than others on Chadwick Crescent, the living area is above average for both the neighbourhood and the city, indicating a well-designed floor plan that maximizes usable space.
It would suit practical buyers looking for a move-in ready home from the 2000s era, who prioritize interior space and modern infrastructure over a large yard. The above-average sale price relative to assessed value and comparable areas indicates the market recognized its updated condition and desirable build year.
Frequently Asked Questions
Q: How does the lot size compare to others in the area?
A: The lot is 4,397 sqft, which is below average for Chadwick Crescent but around the typical size for the broader Canterbury Park neighbourhood.
Q: Is the home older or newer than most in Winnipeg?
A: It is significantly newer. Built in 2008, it is newer than approximately 87% of homes across the city.
Q: What does the sale price tell us about the property?
A: The $510,000 sale price ranked above average for the street, neighbourhood, and city-wide comparisons, suggesting buyers placed a premium on its condition, age, and layout.
Q: Is the living space spacious for a home of this type?
A: Yes. With 1,703 sqft of living area, it offers more space than roughly 78% of homes in Canterbury Park and 79% of homes city-wide.
Q: How does the assessed value relate to the sale price?
A: The home sold for well above its $47,800 assessed value. This is not uncommon, as assessed values for taxation purposes often lag behind current market values, especially for updated, newer homes in demand.