Property Overview
107 Chadwick Crescent is a well-situated cabover-style home in Canterbury Park, built in 2006. Its primary appeal lies in its efficient use of space and its position within a stable, established neighbourhood. The home features an attached garage and a full, unrenovated basement, offering functional living space and potential for future customization. The lot size is notably above average for the immediate street, providing more outdoor space than many nearby properties.
This property would suit first-time buyers or practical downsizers looking for a low-maintenance home in a central Winnipeg community. It’s also a sensible fit for value-focused investors or buyers who prioritize a solid structural foundation (a newer build relative to the city-wide average) and see potential in a home that hasn’t been fully updated. The appeal is pragmatic: you’re getting a relatively modern home on a good-sized lot, without paying a premium for high-end finishes.
Frequently Asked Questions
What does "cabover" building type mean?
A cabover design typically places the garage forward, with the living space situated above and behind it. This is a common, space-efficient layout for many modern townhomes and semi-detached houses, often resulting in a distinctive street-facing roofline.
Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents both a blank canvas for future development and an immediate cost-saving, as you are not paying for completed square footage that may not suit your taste.
How does the assessed value compare to the recent sale price?
The property last sold in July 2023 for $50,500, which was above its assessed value of $46,100 at that time. This suggests the market valued the home higher than the city's assessment, a point worth discussing with your realtor for current market context.
The lot is ranked in the "Top 27%" on its street. What does that actually mean?
This statistical ranking indicates that the land area of 5,025 sq ft is larger than 73% of the 99 comparable properties on Chadwick Crescent. In practical terms, you likely have more private outdoor space than most of your immediate neighbours.
What is the neighbourhood like?
Canterbury Park is a mature, established area. The data shows homes here are generally newer than the Winnipeg city-wide average, suggesting a community built over a more concentrated, modern period, which can mean greater consistency in home styles and infrastructure.