Property Summary: 51 Tom Quinn Place, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2008, presents a practical opportunity in the Canterbury Park neighbourhood. Its key appeal lies in its modern build age, which is notably newer than most homes in the wider city and is the newest on its own street. With 1,528 sqft of living space, it offers comfortable, above-average room for Winnipeg. The property includes an attached garage and a full, unrenovated basement, providing functional space and future potential.
The home suits first-time buyers or downsizers seeking a relatively modern property without a premium price tag, as the assessed value is modest for the area. A thoughtful perspective is that while the lot size is smaller than many in Winnipeg, this translates to less exterior maintenance. The data suggests it’s a solid, middle-ground property: it doesn’t lead in luxury or size, but offers dependable modern fundamentals in a stable neighbourhood, representing a balanced entry point.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is below the city average, it is quite typical for the Canterbury Park neighbourhood. This often means a more manageable yard with lower maintenance demands.
2. How does the build year affect the home?
Built in 2008, the home is relatively modern. This typically means fewer immediate concerns with major aging components (like roof or furnace) compared to much of Winnipeg's older housing stock, potentially reducing near-term repair costs.
3. What does the "unrenovated basement" imply?
The basement is finished but has not been recently updated. It provides valuable extra living or storage space as-is, but may reflect an older style. It represents both a cost-saving (no premium for a renovation) and future potential for personalization.
4. How does the assessed value compare to the sale price?
The home last sold for $470,000 in June 2023, which is significantly higher than its $43,400 assessed value. It’s important to understand that municipal assessed value for property tax purposes is not a market valuation; the sale price is the true indicator of its recent market worth.
5. Who are the most likely neighbours?
The immediate street consists of similar two-storey homes, with build years clustering around the late 2000s. The area rankings show a mix of newer and older properties, suggesting a neighbourhood with a blend of established and more recent residents.