Property Overview: 136 George Marshall Way, Canterbury Park
Key Characteristics & Appeal
This 1990-built bi-level home in Canterbury Park presents a practical, entry-level opportunity. Its key characteristics include a renovated basement, a detached garage, and a modest 858 sqft of living space on a 3,567 sqft lot. The home’s appeal lies in its affordability and functionality. With an assessed value significantly below the averages for its immediate street and neighborhood, it stands out as a lower-cost option in the area. The renovated basement adds valuable finished space, increasing its utility beyond the main floor square footage.
This property would suit first-time buyers or investors seeking an affordable foothold in a stable Winnipeg neighborhood. Its below-average metrics for lot and living area suggest a more manageable, low-maintenance property, which could also appeal to downsizers. A thoughtful perspective is that while the home ranks below area averages in size, its newer build year (1990) compared to the Winnipeg citywide average (1966) means major components like wiring and plumbing may be more modern, potentially reducing near-term update costs. The detached garage offers flexibility for storage or a workshop, a valuable asset not always found in this price range.
Frequently Asked Questions
1. Is the home significantly smaller than others nearby?
Yes. The living area is 858 sqft, which ranks below the averages for the street (1,066 sqft) and the wider Canterbury Park area (1,334 sqft). This indicates a more compact, efficient layout.
2. Why is the assessed value so much lower than neighboring homes?
The assessed value of $31.3k is below the street and neighborhood averages. This typically reflects the home’s smaller size and potentially more modest finishes, which translates into lower property taxes—a key affordability factor.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the quality of the renovation, the rooms created (e.g., bedroom, rec room), and whether it includes a separate entrance.
4. How does the 1990 build year compare?
Built in 1990, the home is around the average age for its immediate area but is notably newer than the typical Winnipeg home (citywide average of 1966). This suggests it may benefit from more contemporary building standards.
5. What was the previous sale price?
The home last sold in July 2016 for $26,100. The current assessed value of $31,300 provides a benchmark, but the final sale price will be determined by the current market.