Property Overview: 10 Northcliffe Drive, Canterbury Park
Key Characteristics & Buyer Profile
This two-storey home, built in 1980, presents a practical opportunity in Winnipeg's Canterbury Park neighbourhood. Its key appeal lies in a balance of space and value. With 1,209 sqft of living area, the home offers above-average interior space for its immediate street and is comfortably sized within the broader neighbourhood context. A recently renovated basement adds functional living space and modern appeal without the need for immediate projects.
The property’s standout characteristic is its lot size. At 2,690 sqft, the land area is notably smaller than most in Canterbury Park and across Winnipeg. This isn’t necessarily a drawback—it translates to less yard maintenance, which could be a significant perk for busy professionals, downsizers, or those seeking a more lock-and-leave lifestyle while still owning a detached home with a private outdoor space. The detached garage adds utility and storage.
This home would best suit value-conscious buyers looking for a move-in-ready interior with updated living space (including the basement) within a mature, established neighbourhood. It’s a strong match for first-time buyers seeking a detached home without an overwhelming yard, or for investors considering a property with a solid interior in a stable area. The assessed and recent sale values position it as an accessible entry point into the market.
Frequently Asked Questions
Q: How does the smaller lot size impact the property?
A: While the lot is smaller than area averages, it requires less maintenance and upkeep. This can be a cost and time savings. It’s important to verify that the outdoor space still meets your needs for privacy, recreation, or gardening.
Q: The home was built in 1980. What should I consider?
A: While the basement is renovated, a home of this age may have original major systems (like roof, windows, or furnace). A thorough inspection is recommended to understand the condition and potential future capital costs, which is typical for well-maintained homes in mature neighbourhoods.
Q: Is the assessed value a reliable indicator of the market price?
A: The assessed value is for municipal tax purposes and is often lower than market value. The home sold for $34.7k in 2021, close to its current assessed value of $33.7k. Current market conditions and the renovated basement will be the primary drivers of today’s listing price.
Q: How does this home compare to others on the street?
A: Data shows this home has more living space than most on Northcliffe Drive. Its lot size is typical for the street but smaller than the wider neighbourhood average. This suggests the street consists of similarly scaled, efficient properties.
Q: What is the neighbourhood like?
A: Canterbury Park is a mature, established neighbourhood. The proximity to similar-valued homes on the same street and throughout the area indicates consistency, which can contribute to stable property values. Research local amenities, schools, and traffic patterns to see if the location fits your lifestyle.