Property Overview: 10 Millbrook Lane, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home at 10 Millbrook Lane presents a specific and practical opportunity. Its key characteristics include a renovated basement, a detached garage, and a modest 804 sqft of living space on a well-sized 3,413 sqft lot. Built in 1987, it is one of the newer homes on its own street.
The primary appeal lies in its efficient use of space and its position as a relative value within its immediate locale. The lot size is above average for the street, offering good outdoor space for the neighbourhood. While the living area is compact, the renovated basement adds functional space. The data suggests it is priced accessibly, especially when compared to broader city averages, making it a cost-effective entry into the Canterbury Park area.
This property would best suit first-time buyers, downsizers, or practical investors seeking a low-maintenance, single-level layout. It’s for those who prioritize location and lot size over square footage, and who see the value in a home that is newer than many in the wider city but offers a manageable scale and an updated basement ready for use.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
The 3,413 sqft lot is actually above average for Millbrook Lane, ranking in the top 21% on the street. This means you get more outdoor space than most of your immediate neighbours.
2. Is the living area small for the area?
Yes. At 804 sqft, the living area is below the average for both the Canterbury Park neighbourhood and the city overall. This indicates a compact, efficient main floor layout, with additional living space provided by the renovated basement.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A viewing is essential to assess the finish quality, ceiling height, and how the space is currently configured (e.g., rec room, bedroom, suite potential).
4. How does the year built affect the home?
Built in 1987, this is one of the newest homes on Millbrook Lane. This can be an advantage, potentially meaning newer building materials, wiring, and plumbing compared to much of Winnipeg's older housing stock, while still being a well-established property.
5. Why was the last sale price so different from the assessed value?
The home sold for $24.3k in June 2019, which is significantly lower than its current assessed value of $32.4k. This large discrepancy suggests that the 2019 sale may not have been a standard, arms-length market transaction (e.g., a transfer between family members). The assessed value is likely a better reflection of its current market valuation.