Property Overview: 55 Tunbridge Bay, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1975 on a well-sized lot in Canterbury Park. Its primary appeal lies in its balance of a mature, established neighbourhood setting with a recently renovated basement, offering potential for additional living space. The lot size is generous for the area, providing room for gardening or outdoor activities, while the home itself is modest in size, making it manageable.
The property would suit first-time buyers or downsizers looking for an affordable entry into a stable neighbourhood without a large maintenance footprint. Its below-average assessed value for the immediate area suggests a potentially accessible price point. A thoughtful perspective is that this home represents a practical, "blank canvas" opportunity. While not the newest or largest on the street, its renovated basement and solid lot offer a foundation for personalization. It’s a home for those who value outdoor space and location over sheer interior square footage, appealing to a buyer comfortable with a property that has character and room to grow in value through updates.
Frequently Asked Questions
1. How does the lot size compare?
The land area of approximately 5,000 sqft is below average for Tunbridge Bay itself but is around the average size for the broader Canterbury Park neighbourhood and city-wide.
2. Is the home newer or older than others nearby?
Built in 1975, it is actually one of the newer homes on Tunbridge Bay but is older than most homes in the wider Canterbury Park area, which has many homes built in the 1990s and later.
3. What is the living space like?
The living area is 988 sqft, which is about average for the street but below average for both the Canterbury Park neighbourhood and Winnipeg overall. This indicates a cozy, efficient layout.
4. How does its value compare?
The assessed value is below the average for both Tunbridge Bay and the Canterbury Park neighbourhood, though it sits around the middle range when compared to the entire city. This can indicate a value opportunity within its immediate area.
5. Was the basement renovation recent?
The property details confirm the basement is renovated, but the listing does not specify the year or extent. This would be a key point to clarify with the seller or a viewing.