140 Redonda Street

Property Overview

This one-storey home at 140 Redonda Street in Canterbury Park presents a practical and well-situated opportunity. Built in 2006, it is a notably newer construction compared to many homes on its street and across Winnipeg. The property sits on a roughly 4,100 sqft lot, which is a very standard size for the immediate area. With 1,006 sqft of living space, a renovated basement, and a detached garage, it offers the essential components of single-family living in a manageable format.

Its primary appeal lies in its modern build age within an established neighbourhood, suggesting potentially fewer major maintenance concerns in the near term. The renovated basement adds valuable finished space. It would suit first-time buyers seeking a move-in-ready home without the upkeep of an older property, or downsizers looking for a single-level layout with a manageable yard. A thoughtful perspective is that while the living area is compact compared to some larger neighbourhood homes, this translates to lower utility costs and less space to maintain, aligning with efficient, modern living.

Frequently Asked Questions

How does the property’s value compare to the area?
The home’s assessed value is among the top 5% on Redonda Street, indicating it is a higher-valued property on its specific block. When compared to the wider Canterbury Park neighbourhood and Winnipeg overall, its assessment is around the average.

Is the lot size a pro or a con?
The land area is very typical for Canterbury Park. It provides adequate outdoor space without the extensive maintenance required by much larger lots, which can be a benefit for buyers seeking a balance.

What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and use of this additional space.

How does the living space feel for a family?
At just over 1,000 sqft above grade, the living area is below the neighbourhood average. This suggests efficient use of space is important. The renovated basement would likely be crucial for providing extra living, recreational, or storage space for a household.

Are sale prices in the area stable?
A very similar home on the same street (157 Brelade) sold for $35.5k in 2022, close to this home's current assessed value. This recent comparable sale can provide a grounded reference point for current market value.