Property Overview
79 Millwood Meadow is a well-maintained bi-level home in Canterbury Park, built in 1986. Its key appeal lies in its balance of a recent basement renovation and a manageable scale, offering a practical and updated living space. The home features a detached garage and sits on a standard city lot.
This property is ideally suited for first-time homebuyers, downsizers, or investors seeking a turn-key property with modernized essentials. Its below-average living area (680 sqft) and land size for the neighbourhood create a lower-maintenance footprint, which can be a significant advantage for those looking to minimize upkeep. The 2017 sale price of $220k, combined with a current assessed value that is around average citywide, suggests a stable entry point into the Winnipeg market. A thoughtful perspective is that while the home ranks below average in size within its immediate area, its year-built is above average for the street, indicating it may be among the more contemporary structures on the block, potentially requiring fewer major system updates than older peers.
Frequently Asked Questions
1. Is this a small house?
Yes, with 680 square feet of living space, it is notably compact, especially compared to other homes in Canterbury Park. This makes it efficient and easier to maintain, but may require creative use of space.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a finished living area, updated utilities, or both.
3. How does the assessed value relate to the expected sale price?
The home's assessed value is $30,400, but this is for municipal tax purposes and is typically far below market value. The 2017 sale was $220,000, which is a more relevant benchmark, though current market conditions will determine today’s price.
4. What are the implications of the lot size?
At 3,113 sqft, the lot is smaller than most in the city. This means less yard work and exterior maintenance, which is a benefit for many, but also less private outdoor space.
5. The home ranks low on its street for several metrics. Is this a concern?
Not necessarily. It consistently ranks lower due to its smaller size, but this also contributes to its affordability and manageability. Its above-average rank for year-built on the street is a positive, suggesting relative modernity among immediate neighbours.