27 Millwood Meadow

Property Overview

27 Millwood Meadow is a compact, one-storey home in Canterbury Park, built in 1986. Its key appeal lies in its efficient, renovated basement and its position as a relatively newer build compared to many city-wide properties. The lot size is average for its immediate street but smaller than typical for the wider neighbourhood and city. With a modest living area of 895 sqft and no garage, it presents as an affordable, low-maintenance entry point into the Winnipeg market.

This home would suit first-time buyers, downsizers, or investors seeking a straightforward property with recent basement updates. Its value is grounded in practicality rather than size, offering a manageable footprint. A thoughtful perspective is that while the home ranks below average in size for Canterbury Park, its newer construction year (top 6% on its street) could suggest potentially fewer immediate major repairs compared to older stock, a trade-off some buyers may prioritize.

Frequently Asked Questions

1. How does the property’s size compare to the area?
The 895 sqft living area is below average for both the Canterbury Park neighbourhood and Winnipeg overall, but is typical for homes directly on Millwood Meadow. It’s a compact, efficient layout.

2. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. A buyer should inquire about the renovation’s date, permits, and the finished layout to understand the added living space.

3. Is the assessed value a reliable indicator of the likely sale price?
The current assessed value is $31,200. Notably, the home last sold in June 2019 for $26,800. Market conditions have changed since then, so the sale price will be determined by current demand, but the assessed value provides a benchmark.

4. With no garage, what are the parking options?
The property has no garage. Buyers should verify the availability of on-site driveway parking or consult city bylaws regarding street parking on Millwood Meadow.

5. The lot is smaller than the neighbourhood average. What are the implications?
The 3,274 sqft lot is smaller than many in Canterbury Park, which typically means less yard maintenance. However, it also limits expansion potential and outdoor space, which is an important consideration for those wanting a large garden or future additions.