Property Overview: 20 Chaucer Place, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its generous, above-average lot size of over 8,100 sqft—a standout feature that places it in the top 11% citywide for land area. Built in 1978, the home itself offers a renovated basement and a detached garage, with a living space of 1,240 sqft that is comfortably in line with area averages. The property’s assessed value of $440k is notably above the Winnipeg average, reflecting its desirable lot and established neighbourhood.
The primary appeal lies in its land potential and location. The lot is significantly larger than most in the city, offering ample outdoor space, privacy, and room for expansion or landscaping projects that wouldn’t be possible on a standard parcel. While the living area is average, the renovated basement adds functional space. This property would particularly suit buyers who value outdoor space over a massive interior, such as gardeners, families seeking a large backyard, or those looking for a home with clear potential for future additions. It’s a solid choice for someone wanting an established, quiet neighbourhood (Canterbury Park) where the value is anchored more in the land than in a newly built structure.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
The 8,102 sqft lot is over 65% larger than the average Winnipeg home lot. This translates to a backyard that feels substantially more private and spacious than typical, offering real potential for decks, gardens, or recreational space.
2. The home was built in 1978. What should I consider?
While the basement has been renovated, a home of this age will likely have original or aging core components, such as the roof, windows, and major systems. A thorough inspection is advised to budget for any upcoming maintenance or updates.
3. The assessed value is $440k, but it sold for $401k in 2021. Why the difference?
Municipal assessments for tax purposes are based on mass appraisal models and may not reflect current market conditions or the specific details of a past sale. The 2021 sale price represents the actual market value at that time, and the current assessment is an estimate used for calculating property taxes.
4. Who would this neighbourhood suit?
Canterbury Park is an established, quiet community with mature greenery. It suits buyers looking for stability and a sense of space within the city, rather than a bustling, high-amenity urban vibe. It's generally attractive to families and long-term residents.
5. Is the detached garage a pro or a con?
This depends on preference. It provides excellent separate storage or workshop space and reduces noise and fumes from the living area. However, it means going outside to access your vehicle in Winnipeg’s winter, which some may find less convenient than an attached garage.