Property Overview & Key Characteristics
15 Tunbridge Bay is a well-situated, one-storey home in Canterbury Park, built in 1974. Its primary appeal lies in its balance of a generous, mature lot (over 5,000 sq ft) and a recently renovated basement, offering immediate livability and space to grow. The home’s living area of 1,120 sq ft is comfortably above average for its immediate street. While the house itself is older, its assessed value has remained remarkably stable, indicating a solid and predictable investment in a quiet neighbourhood.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It also appeals to the practical buyer who values a move-in-ready basement renovation over a brand-new build, preferring to avoid the premium price and potential delays of new construction. A thoughtful perspective is that its lot size ranks higher than its living area, suggesting greater potential for outdoor enjoyment or future expansion relative to many nearby homes.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is consistently in the middle range for its street, neighbourhood, and Winnipeg overall, indicating it is a fairly priced, typical property for Canterbury Park without any unusual premiums or red flags.
2. Is the older build year a concern?
While built in 1974, the home is newer than over 95% of houses on its street and in Canterbury Park, making it one of the more recent builds in an established area. The renovated basement also adds modern functionality.
3. What is the neighbourhood like?
Canterbury Park is a mature, established neighbourhood. The property rankings suggest it offers a mix of older and somewhat newer homes, providing character and stability rather than a uniform, modern subdivision feel.
4. What are the key features?
The key features are the renovated basement, the detached garage, and the notably large lot. The living space is also above average for the immediate block, offering more interior room than many direct neighbours.
5. Who might this property not suit?
It may not suit buyers seeking a brand-new home, those who prioritize a main-floor garage, or anyone needing a very large interior footprint, as the living area is closer to the city-wide average.