Property Overview: 98 Foxborough Road, Canterbury Park, Winnipeg
Key Characteristics & Buyer Profile
This is a compact, one-storey home built in 1981, situated on a standard-sized lot in Canterbury Park. Its key characteristic is its modest 860 sqft living area, which is notably smaller than most comparable homes in the immediate area and across Winnipeg. The home features an attached garage and a renovated basement, adding functional space. The assessed value is positioned around the city-wide average, suggesting a stable, entry-level valuation.
The primary appeal lies in its efficiency and manageability. It represents a straightforward, lower-maintenance property with updated fundamentals (the renovated basement). It would suit first-time buyers, downsizers, or investors seeking an affordable entry into the Winnipeg market. A thoughtful perspective is that while the living space is compact, the lot size is fairly typical for the neighbourhood, offering balanced outdoor space without excessive yard work. Its "around average" metrics for year built and assessed value in the broader context indicate a home that hasn't significantly appreciated or depreciated outside of market norms, positioning it as a pragmatic rather than speculative purchase.
Frequently Asked Questions
1. Is the living space too small?
At 860 sqft, the living area is below average for the street, neighbourhood, and city. It is a compact layout best suited for individuals, couples, or small families comfortable with efficient living.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the quality, finish, and added functionality (e.g., extra bedroom, living space, or storage).
3. How does the lot size compare?
The land area of 4,998 sqft is around average for Canterbury Park and city-wide. This means the outdoor space is proportionate to the neighbourhood and isn't unusually small, despite the home's smaller footprint.
4. Why is the assessed value relatively low for the street?
The assessed value is below the street average. This typically reflects the home's smaller size and potentially other factors like its specific condition or features relative to neighbours. It often translates to a relatively lower property tax burden.
5. Is this a good investment for the area?
As a smaller, older home in a neighbourhood with many larger or newer comparables, its value proposition is affordability and basics. Its appeal is to a specific, budget-conscious segment rather than representing a premium property in Canterbury Park. Growth would likely follow broader market trends for entry-level homes.