Property Overview: 184 Northcliffe Drive, Canterbury Park
Key Characteristics & Buyer Profile
This is a compact, one-storey home built in 1983, situated on a standard residential lot in Canterbury Park. Its primary appeal lies in its renovated basement, which adds functional living space to the 860 sqft main floor. The property presents as a practical, no-frills opportunity. It lacks a garage and a pool, keeping maintenance simpler and costs focused on the essentials.
The home’s standout feature is its value positioning. While its living space is below average for the neighbourhood and city, its assessed value is competitively priced around the average for its immediate street and city-wide. This creates a potential value proposition for a buyer willing to accept a smaller footprint in exchange for a renovated lower level and a manageable lot.
This property would best suit first-time buyers, downsizers, or pragmatic investors looking for an entry point into a stable Winnipeg neighbourhood. It’s for those who prioritize function over size and see the renovated basement as a key asset for extra living, recreational, or rental space. The average year of build and standard lot size suggest a home that is typical for the area, not a standout project but a solid, grounded option.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 860 sqft, the main living area is below the average for both Canterbury Park and the city overall. The renovated basement provides additional space, making the total usable area more competitive.
2. Is the assessed value a good indicator of the sale price?
The assessed value is around average for the street and city. However, the last known sale was in 2021 for $280k, which was above average for the neighbourhood at that time. Market conditions and property updates since then will be the true determinants of current value.
3. What does the "below average" ranking for land area mean?
The lot size of 3,499 sqft is smaller than many in Canterbury Park and Winnipeg, but it is close to the average for Northcliffe Drive itself. This means you have a typical yard for the street, but less outdoor space than many homes in the broader area.
4. What are the implications of having no garage?
This means all vehicle parking will be on the driveway or street. It reduces maintenance and building costs but requires consideration for winter weather and storage needs. The lot size may allow for a future garage addition, subject to local bylaws.
5. Who might this property not suit?
It may not suit buyers looking for a large, modern open-concept layout, as the above-ground square footage is modest. Families requiring multiple large bedrooms or dedicated home offices may find the main floor limiting without utilizing the basement space creatively. It’s also less ideal for those who prioritize extensive outdoor living or need significant storage space for vehicles or equipment.