Property Overview: 329 Alex Taylor Drive, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This bi-level home at 329 Alex Taylor Drive presents a practical and value-oriented opportunity in Winnipeg's Canterbury Park neighborhood. Built in 1987, its standout characteristic is its age relative to the immediate street—it is the newest home on Alex Taylor Drive, which is a notable advantage for maintenance and potential system updates. The home features a renovated basement and a detached garage, sitting on a roughly 4,900 sqft lot that is slightly smaller than others on the same street but typical for the broader area.
The primary appeal lies in its grounded, average metrics across the board—from living space (1,040 sqft) to recent sale price—which suggests a stable, no-surprises entry point into the market. It suits first-time buyers or investors looking for a straightforward, renovated property without premium pricing, or downsizers seeking a manageable footprint. A thoughtful perspective is that while the home doesn't lead in size, its "newest on the block" status offers a subtle, long-term benefit in durability and may mean fewer immediate repairs compared to older neighboring houses.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
2. How does the lot size impact future plans?
At 4,912 sqft, the lot is slightly below average for the street. This is important to consider for any future expansions, like an addition or a larger garage, as there may be less flexibility than with larger lots in the area.
3. What does being the "newest" house on the street practically mean?
Built in 1987, it's newer than all direct neighbors. This often correlates with newer major components (like roofing, windows, or foundation materials), potentially reducing near-term capital expenditures.
4. The assessed value is significantly lower than the city-wide average home value. Why?
The assessed value (~$35.7k) reflects a municipal assessment for tax purposes, not market value. The home sold for $36.5k in 2023, indicating its market price is aligned with this assessment and typical for this price segment in Winnipeg.
5. Are the "average" rankings a good sign?
Yes. Consistently average rankings for value, size, and price in the neighborhood indicate this property is firmly within the local market norms, which can provide stability and predictability for both purchase and future resale.