227 St Martin Boulevard

Property Overview & Key Characteristics

This two-storey home at 227 St Martin Boulevard in Canterbury Park is a property defined by its contrasts. Built in 1976, it is notably newer than most homes on its own street, which is a distinct advantage. With 1,080 sqft of living space, it offers a comfortable footprint that is above average for its immediate area. A key feature is the renovated basement, adding valuable finished space. The property sits on a modest 2,999 sqft lot and does not include a garage or pool.

Its appeal lies in being a relatively modern home within an established neighbourhood, offering move-in readiness with the basement work already completed. The below-average assessed value, especially when compared to the city-wide average, suggests a potentially accessible entry point into the Winnipeg market.

This home would suit first-time buyers or downsizers looking for a low-maintenance, single-family house without the scale or upkeep of a larger lot. It’s a practical choice for those who prioritize interior updates and a newer build year over expansive outdoor space or garage parking.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed value is influenced by many factors, including lot size, location, and home features. This property’s modest lot size and lack of a garage contribute to its assessment being below the Winnipeg average, which may reflect in its pricing.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to determine the finish quality, room layout, and whether it includes a legal secondary suite or additional living spaces.

3. Is the lack of a garage a major concern?
This depends on the buyer's needs. For some, it simplifies the property. For others, it requires planning for street parking or the potential future cost of adding a garage or carport, subject to local bylaws.

4. How does the 1976 build year compare to nearby homes?
The data shows this home is actually one of the newest on St Martin Boulevard, ranking in the top 1%. This is a significant positive, suggesting potentially newer major systems (like plumbing and electrical) than many neighbours.

5. The last sale was in 2018 for $20,900. Why was that price so low?
Such a sale price is typically not a standard market transaction. It often indicates a transfer between family members, a sale with underlying assumptions (like a life estate), or a data entry adjustment for a title transfer. It does not reflect the current market value.