Property Overview: 850 Mcmeans Avenue E, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This one-storey home on a generous 4,226 sqft lot presents a distinct value proposition in Winnipeg’s Canterbury Park neighbourhood. Its key appeal lies in a combination of a renovated basement and a lot size that is above average for its immediate street. Built in 1978, the home is notably newer than most on its block, offering a relative advantage in terms of potential systems and structure age compared to neighbouring properties.
The living space (826 sqft) is compact, suggesting a efficient, low-maintenance footprint ideal for first-time buyers, downsizers, or investors. The detached garage and renovated basement add functional space and flexibility. The assessed value positions it as an accessible entry point into the market, especially for those prioritizing land and location over square footage. This property would best suit a practical buyer looking for a solid foundation—a home where value is derived more from the lot, its condition, and renovation potential than from existing interior size. It’s a property that asks the buyer to see the opportunity beyond the current floor plan.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 826 sqft, the living area is below the average for both Canterbury Park and Winnipeg overall. This indicates a compact, efficient layout.
2. Is the lot size typical for the area?
Yes. The 4,226 sqft lot is larger than average for homes on Mcmeans Avenue E and is competitive within the Canterbury Park neighbourhood.
3. What does the 1978 build year mean in context?
While around the city-wide average, this home is significantly newer than most on its specific street. This can be an advantage, potentially meaning updates to core components have already been addressed or are due on a more recent timeline.
4. How is the assessed value positioned?
The assessed value is around average for the street but below average for the wider neighbourhood and city. This often reflects the home’s smaller living area and can represent a more affordable tax base.
5. What is indicated by the 2021 sale price?
The 2021 sale price was below average at all comparison levels (street, neighbourhood, city). This historical data point underscores the property’s consistent positioning as a value-oriented listing.