Property Overview & Key Characteristics
14 Chaucer Place is a two-storey home in Canterbury Park, built in 1976. Its primary appeal lies in its generous, above-average land size of nearly 8,900 sq ft, which places it in the top tier for lot size within both the neighbourhood and the wider city. This offers significant outdoor space and potential. The living area is also comfortably above average for its immediate street and area. A key feature is the renovated basement, adding modernized living space, and the property includes a detached garage.
The home suits buyers looking for a established property with a premium-sized lot in a mature neighbourhood. It’s ideal for those who value private outdoor space for gardening, recreation, or future expansion more than a brand-new build. The renovated basement adds immediate value for someone needing extra room for a family, hobbies, or a home office without undertaking a major project themselves. It represents a solid opportunity in its price range for space over flash, appealing to practical buyers who see the underlying value in land.
Frequently Asked Questions
How does the lot size compare practically?
The lot is significantly larger than the average Winnipeg home and is well above the norm for Canterbury Park. This means more yard space, greater distance from neighbours, and potentially more flexibility for additions, sheds, or landscaping compared to typical properties.
What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent. Buyers should inquire about the quality of the renovation, when it was done, whether it includes a proper bathroom or kitchenette, and if all permits were obtained to understand its true value and functionality.
Is the detached garage a pro or a con?
This depends on preference. A detached garage offers flexibility (e.g., use as a workshop without fumes entering the house) but means a walk to your car in winter. It’s a classic feature of older homes that some cherish and others see as a minor inconvenience.
The home is older; what should I consider?
Built in 1976, major components like the roof, windows, furnace, and electrical system may be at or beyond their typical lifespan. A thorough inspection is crucial to understand what immediate or near-future capital expenditures might be required, even with a renovated interior.
How is the value assessed?
The assessed value is a municipal figure for tax purposes and is not a market valuation. The last sale was in 2020 for $37.5k. The current market value will be determined by recent sales of comparable homes, the desirable lot size, and the condition of the renovation.