55 Chadwick Crescent

Property Overview

This well-maintained home on Chadwick Crescent in Canterbury Park offers a practical and comfortable living space. Built in 2001, it sits on a slightly below-average-sized lot for its immediate street but is solidly average for the wider neighbourhood. The 1,422 sqft living area provides a common footprint for the city, and the home features an attached garage and a renovated basement. Its assessed value positions it above average for both Canterbury Park and Winnipeg overall, suggesting a property in good standing relative to the market. The last sale was in September 2021 for $470,000.

Key Characteristics & Appeal

The primary appeal of this property lies in its balance and established condition. It’s not the newest or largest on the block, but it represents a stable, mid-range home in a mature neighbourhood. The renovated basement adds valuable finished space, and the attached garage is a practical asset. Its above-average assessment for the area indicates it has likely been well-kept or improved.

This home would suit first-time buyers or downsizers looking for a move-in-ready property without the premium of a brand-new build. It’s also a sensible fit for investors or buyers seeking a straightforward, low-drama home in a central Winnipeg neighbourhood, where the value is derived more from the home’s condition and functionality than from an oversized lot or luxury features.

Frequently Asked Questions

1. How does the lot size compare practically?
While the land area ranks below average for Chadwick Crescent itself, it is very close to the average for the broader Canterbury Park area. This suggests the lot is typical for the community, but some immediate neighbours may have larger properties.

2. What does "above average" assessed value indicate?
An assessed value that ranks above average for the neighbourhood and city often reflects a combination of the home’s condition, updates (like the renovated basement), and market positioning. It can signal a well-maintained property, but it's important to compare this to recent local sale prices for context.

3. Is the living space suitable for a growing family?
At 1,422 sqft, the living area is standard for Winnipeg. It typically accommodates a small to medium-sized family comfortably, but those needing multiple large bedrooms or extensive common areas should verify the specific layout.

4. The home was last sold in 2021. What should I consider?
A relatively recent sale means the current market price will be closely influenced by changes in the local market since 2021, as well as any further updates made by the sellers. It provides a clear, modern benchmark for value.

5. How does the year built (2001) affect the home?
A 25-year-old home is past its initial wear-and-tear period but is still considered modern in many aspects. Buyers should expect potential updates to components like the roof, HVAC, or major appliances in the coming years, which is typical for homes of this age.