Property Overview
This 1996 bi-level home at 277 George Marshall Way in Canterbury Park presents a practical and affordable entry into the Winnipeg market. Its key appeal lies in its balance of a recently renovated basement and a manageable lot size within a mature neighbourhood. The home is notably newer than many in the city, offering modern fundamentals without the premium of a brand-new build. With a living area of 893 sqft, it is compact, prioritizing efficient use of space over square footage. This is a property suited for first-time buyers, downsizers, or investors seeking a straightforward, low-maintenance home with renovation work already started in the basement. Its value proposition is grounded in its condition and lot rather than its size.
Frequently Asked Questions
1. How does the living space feel given the square footage?
As a bi-level with a renovated basement, the home likely feels more spacious than the above-ground square footage suggests, offering separated living areas over multiple floors. The layout is efficient for smaller households.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent. A professional inspection is recommended to clarify the finish quality, permits, and whether it includes a legal suite or additional living space.
3. Is the lack of a garage a significant concern?
The property has no garage, which is common for homes in this price range. Buyers should assess on-street parking availability and consider the cost of adding a shed or future parking pad for storage and vehicles.
4. How does the assessed value relate to the sale price?
The home last sold in August 2023 for $36,500, closely aligned with its current assessed value of $35,200. This suggests a stable, market-reflective price point with little speculative premium.
5. What are the less obvious advantages of the lot and location?
The lot size is average for the street but smaller than the city average, which translates to less yard maintenance. Being on a "Way" typically means lighter traffic than a "Road" or "Avenue." Its rank as newer than most on its street may indicate fewer immediate major system replacements compared to older neighbours.