Property Overview: 35 Tunbridge Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park presents a practical opportunity. Built in 1975, it stands out on its street as one of the newer homes, offering a relative advantage in construction era compared to its immediate neighbours. The property sits on a just-over-5,000 sqft lot, providing ample outdoor space that is generous for the neighbourhood and typical for the city. The home itself is compact at 988 sqft of living area, which is efficient and manageable. A key feature is the renovated basement, adding valuable finished space, and the property includes a detached garage.
Its primary appeal lies in its balance and potential. The lot size offers room for gardening or expansion, while the updated basement and newer build date (for the street) suggest some modern comforts have been addressed. It would suit first-time buyers seeking a manageable footprint with outdoor space, downsizers looking for a single-level layout without a huge property to maintain, or value-focused investors attracted by the solid lot size and recent interior updates. A thoughtful perspective is that this home represents a "middle ground" on its street—not the largest, but newer than most, offering a blend of established community and a slightly more contemporary foundation.
Section 2: Frequently Asked Questions
1. How does the living space feel for a family?
At 988 sqft, the main floor living area is compact. The renovated basement significantly expands the usable space, making it more functional for a small family or for creating distinct living and recreational zones.
2. Is the detached garage a drawback?
While a detached garage means stepping outside in winter, it also offers flexibility. The structure could potentially be used for a workshop or storage without impacting the main house, and it may allow for better future landscaping or addition plans.
3. What does the "newer build date on the street" actually mean?
Most homes on Tunbridge Bay were built around the same time (1974-1976). This home, built in 1975, is simply among the newest in that cluster. It doesn't imply major technological differences, but could mean slightly less wear on original components compared to the oldest houses on the block.
4. How does the assessed value relate to the last sale price?
The home was last sold in 2016 for $300k and currently has an assessed value of $35.5k. It's crucial to understand that municipal assessed value in Manitoba is not an indicator of market value; it is used for calculating property taxes. Market value is determined by current local sales.
5. What is the neighbourhood like for amenities and access?
Canterbury Park is a mature, established neighbourhood. You can infer good access to city-wide amenities given its central Winnipeg location, and the presence of many similar-era homes suggests a stable, residential community.