Property Overview: 199 Northcliffe Drive, Winnipeg
Key Characteristics & Appeal
This one-storey home on a quiet street in Canterbury Park is a practical and well-situated property. Built in 1985, it is newer than most homes on its street and across Winnipeg, suggesting potentially fewer major age-related concerns. The home features a renovated basement and a detached garage, sitting on a roughly 4,200 sqft lot that is typical for the immediate area.
Its primary appeal lies in its established neighbourhood setting and its relative value. The home’s assessed value is notably above average for Northcliffe Drive, which can indicate desirable updates or a premium lot position not fully captured in the basic metrics. It suits first-time buyers or downsizers looking for a manageable, single-level layout in a mature community. The recent basement renovation adds immediate move-in appeal and functional space. A thoughtful perspective is that while the living area is modest, the lot size offers a balance of outdoor space without excessive maintenance, and its "above average" standing on its own street hints at a property that may outperform its immediate peers.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home was last sold in September 2023 for $31,800. Its current assessed value is $35,500, which is higher. This difference can be due to market changes, the assessed value reflecting the renovated basement, or a combination of factors.
2. Is the lot size typical for the area?
Yes. At 4,196 sqft, the lot is very close to the average for both Northcliffe Drive and the broader Canterbury Park neighbourhood.
3. What does the "above average" year built ranking mean?
Built in 1985, this home is newer than about 78% of the other homes on Northcliffe Drive. Citywide, it's also newer than about 71% of homes. This generally suggests building materials and systems that are more modern than many in comparable mature neighbourhoods.
4. Who might this home not suit?
Buyers seeking a very large interior living space or a brand-new build may find it limiting. The living area is comfortable but below the citywide average. It may also not fit those requiring an attached garage.
5. What is the price trend based on recent sales?
The home sold for $30,300 in December 2020 and then $31,800 in September 2023. This shows a moderate increase in value over that nearly three-year period.