Property Overview: 50 Northcliffe Drive, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1981, presents a practical opportunity in Winnipeg's Canterbury Park neighbourhood. Its key appeal lies in its efficient scale and recent updates. With 1,200 sqft of living space, the home offers above-average roominess for its immediate street while aligning with the citywide average, making it a comfortably sized family home without excessive upkeep.
A significant feature is the renovated basement, which adds valuable finished space and modern convenience. The property sits on a 2,500 sqft lot, which is smaller than most in the area and city. This isn't necessarily a drawback; it translates to less yard maintenance, a potential benefit for busy households or those seeking a lock-and-leave lifestyle. The home last sold in September 2023 for $30,600, and its assessed value is in line with similar homes on its street, suggesting a stable, entry-point valuation for the area.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors looking for a turnkey-ready dwelling in a mature neighbourhood. Its manageable size and updated basement offer immediate livability, while the smaller lot reduces weekend chores. It’s a home for those prioritizing interior space and modern functionality over expansive outdoor land.
Section 2: Frequently Asked Questions
1. Is the smaller lot size a major concern?
While the lot is below average in size for Canterbury Park, it provides a manageable outdoor space. This can be a positive for those who prefer less landscaping and maintenance, though it may limit options for large additions or extensive gardening.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection or inquiry with the seller is recommended to determine the finish quality, permits, and the nature of the renovations (e.g., cosmetic updates versus structural or mechanical improvements).
3. How does the assessed value relate to the likely market price?
The home's assessed value ($31,200) is very close to its last recorded sale price ($30,600 in 2023). This indicates the municipal assessment is current and grounded in recent market activity, providing a reliable benchmark. Market conditions and property updates since then will determine the final listing price.
4. The home is older; what should I check?
Built in 1981, major systems like the roof, windows, furnace, and electrical should be evaluated for age and condition. The recent basement renovation is a plus, but ensure it addressed any foundational or moisture-proofing issues common in homes of this era.
5. What is the neighbourhood like for families?
Canterbury Park is a well-established, mature neighbourhood. The property rankings show homes here generally have larger lots, so this specific home offers a more compact footprint within that community. Proximity to schools, parks, and amenities should be researched directly, as the data provided focuses on physical property metrics.