47 Chadwick Crescent

Property Overview: 47 Chadwick Crescent, Canterbury Park

Section 1: Key Characteristics & Appeal

This two-storey home in Canterbury Park is a practical and well-situated property built in 2001. Its key features include an attached garage and a renovated basement, adding valuable functional space. With 1,408 sqft of living area, it offers a comfortable footprint that is quite typical for the neighbourhood and the city overall.

The appeal here is grounded in balance and location. The home sits on a manageable 4,208 sqft lot on a quiet crescent. While the lot size is smaller than others on its specific street, this can translate to less yard maintenance. The property’s assessed value positions it as a more accessible entry point within its immediate area, suggesting potential for buyers looking for value in a established community. It would suit first-time buyers or downsizers seeking a low-maintenance, single-family home in a mature Winnipeg neighbourhood without the premium price tag of a larger lot. The recent basement renovation also adds immediate move-in readiness for those wanting modernized space.

Section 2: Frequently Asked Questions

1. How does the lot size compare to the area?
The lot is 4,208 sqft, which is below average for Chadwick Crescent itself but is much closer to the average for the broader Canterbury Park neighbourhood. This means you benefit from a established street while likely having less yard upkeep than some neighbours.

2. Is the home older or newer for Winnipeg?
Built in 2001, the home is newer than the typical Winnipeg house (city-wide average year built is 1966). However, on its own street and in Canterbury Park, it is slightly older than the local average. This means it avoids the concerns of much older infrastructure but is part of a mature, settled streetscape.

3. What does the assessed value tell me?
The assessed value is below the average for Chadwick Crescent but aligns with the averages for both Canterbury Park and Winnipeg. This indicates the property may offer relative value within its immediate, desirable crescent location.

4. Was the last sale price close to the assessed value?
Yes. The home sold in December 2022 for $41,400k, which was very close to its current assessed value of $42.60k. This suggests a stable and realistic valuation.

5. What is the neighbourhood ranking for living space?
The living area is typical for the city and the neighbourhood. In Canterbury Park, it ranks near the middle, meaning it provides standard-sized family living space for this community.