Property Overview
6 Chaucer Place is a one-storey home in Canterbury Park, built in 1974. It sits on a 5,798 sqft lot and features 845 sqft of living space, a renovated basement, and a detached garage. It last sold in October 2021 for $360,000.
Key Features & Ideal Buyer
The primary appeal of this home lies in its balance of a generous, private lot within a mature neighbourhood, paired with the modern convenience of a renovated basement. While the living area is compact, the renovated lower level offers crucial expanded space, making it a functional full-time residence rather than just a starter home. Its lot size is notably larger than most in Winnipeg, offering above-average outdoor space for gardening, recreation, or future expansion in a well-established area like Canterbury Park.
This property would best suit practical buyers who value land and location over sheer square footage. It’s ideal for a small household, a downsizer seeking a manageable home with a premium yard, or an investor looking for a solid rental in a stable neighbourhood. The below-average assessed value suggests a potentially lower tax burden, which is a practical, long-term financial benefit. Buyers should be comfortable with a home whose core structure is from the 1970s, appreciating the character and mature streetscape that comes with it, while recognizing that updates may be focused on specific areas like the basement.
Frequently Asked Questions
1. Is the house too small at 845 sqft?
While the main floor living area is compact, the renovated basement effectively doubles the usable space, creating a more functional floor plan than the square footage alone might suggest.
2. How does the lot size compare to others?
The lot is a key feature. It’s larger than average for both Canterbury Park and the city overall, offering more private outdoor space than many newer properties.
3. What does the "below average" ranking for Year Built mean?
In its immediate area (Chaucer Place), it’s one of the older homes. However, city-wide, its 1974 build date is very close to the Winnipeg average, indicating it’s a typical age for many core neighbourhood homes.
4. Why is the assessed value significantly lower than the sale price?
Municipal assessed value for tax purposes often lags behind market value and is calculated using different criteria. The 2021 sale price of $360,000 is the more current indicator of its market worth.
5. What is the neighbourhood like?
Canterbury Park is a mature, established neighbourhood with a mix of older and newer homes. The property’s rankings show it offers a larger, older-home lot profile within an area that generally has newer construction, giving it a unique, settled character.