Property Overview
This two-storey home at 24 Craglea Corner in Canterbury Park is a property defined by its strong standing within its immediate locale. Built in 1984, it sits on a 3,722 sqft lot and offers 1,211 sqft of living space with a renovated basement. The home does not have a garage or pool.
Key Characteristics & Appeal
The primary appeal of this property lies in its notable position relative to its direct neighbours on Craglea Corner. The data indicates it is consistently a top performer on its own street, ranking in the elite top 2% for living area, year built, and assessed value among comparable homes there. This suggests a well-maintained and potentially more updated home on a street of older or smaller properties. Its recent sale price of $38,900 in May 2024 also shows it commands a premium on its block.
Its appeal is nuanced. For a buyer, it represents an opportunity to own what is likely one of the best houses on a given street, which can offer a sense of pride and stability. The renovated basement adds functional living space. However, the broader context shows that within the wider Canterbury Park neighbourhood and city of Winnipeg, the home’s metrics are average or below average in categories like lot size and neighbourhood sale price ranking.
This home would best suit a pragmatic, value-conscious buyer who prioritizes the condition and relative size of the house itself over a large lot or garage. It’s ideal for someone who understands real estate is hyper-local and sees the advantage in owning a leading property on its street, even if the surrounding area is more modest. It could also appeal to an investor looking for a well-kept rental in a stable area.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical city-wide home prices?
The assessed value figures shown are in thousands (e.g., 34.60k = $34,600). This is a simplified metric used for comparison within this dataset, not the actual municipal property assessment. The actual market sale prices (e.g., $38,900) provide the true value.
2. The home has no garage. Is there sufficient parking?
The listing does not specify driveway or street parking details. This is a key point to clarify with the listing agent, as on-street parking permissions and availability can vary.
3. What does "renovated basement" include?
The listing states the basement is renovated but provides no specifics on finish quality, permits, or whether it includes a legal suite, bedroom, or simply finished living space. Further details on the renovation's scope and year are essential.
4. How does the recent sale history affect the current price?
The property sold for $38,900 in May 2024, after previously selling for $39,400 in 2022. This recent and stable sale activity provides a very clear, current benchmark for its market value.
5. The home ranks highly on its street but average in the neighbourhood. What does this mean?
This indicates you would be purchasing one of the larger, newer, and higher-valued homes on Craglea Corner itself. However, compared to the entire Canterbury Park area, it is a middle-of-the-road property. The appeal is in owning a standout property on its specific block.