Property Overview: 245 Chadwick Crescent, Canterbury Park
Key Characteristics & Appeal
This two-storey home at 245 Chadwick Crescent presents a compelling blend of modern comfort and established neighbourhood living. Built in 2008, it is notably newer than most homes in Winnipeg and is among the newest on its own street, suggesting less immediate concern for major age-related repairs. The 1,704 sqft living space is comfortably above average for both the Canterbury Park neighbourhood and the city, offering ample room for families. A key feature is the renovated basement, adding valuable finished space. The property sits on a just-under-5,000 sqft lot with an attached garage, fitting the typical suburban profile.
Its primary appeal lies in its balanced, above-average positioning across several metrics without an extreme premium. It’s not the largest or most expensive home on the block, but it consistently ranks in the top third for size, age, and value when compared to the wider area. This makes it a practical choice for buyers seeking a move-in ready home in a mature neighbourhood, without the quirks or maintenance demands of an older property. It would suit young families or professionals looking for space and modern amenities in a settled community, as well as value-conscious buyers who appreciate a home that stands out positively in broader comparisons but doesn’t carry the price tag of a true "top-tier" property.
Frequently Asked Questions
1. How does the lot size compare?
At 4,902 sqft, the lot is close to the average for Canterbury Park. It offers standard suburban outdoor space but is not an exceptionally large parcel.
2. Is the $500k sale price in line with the home’s assessed value?
Yes, the recent sale price is significantly higher than the assessed value, which is common. The assessed value of $48.4k is above average for the neighbourhood, but market conditions and the home’s condition led to the final sale price.
3. What does the "newer than average" build year mean for me?
Built in 2008, the home is 18 years old. This is newer than most Winnipeg homes, potentially meaning more modern construction standards, materials, and systems (like plumbing and wiring) that may require less near-term updating than a much older home.
4. Who would this home not suit?
Buyers seeking a very large lot, a brand-new build, or a luxury-level finish might find other options more fitting. It’s a solid, above-average family home rather than a standout estate.
5. How does it rank for living space in the area?
With 1,704 sqft of living area, this home is above average for both the immediate Canterbury Park neighbourhood and the city of Winnipeg as a whole, indicating a good amount of interior space for its market.