Property Overview
This single-storey home at 175 Northcliffe Drive in Canterbury Park is defined by its generous, above-average lot size within a well-established neighbourhood. Built in 1986, the home features a renovated basement and a detached garage. Its primary appeal lies in the significant land parcel (over 7,300 sq ft), which ranks in the top 7% for the street, offering ample outdoor space and future potential in a mature area. The assessed value is strong for its immediate street, indicating a well-regarded location.
This property would suit a buyer looking for a solid foundation in a quiet, established area, prioritizing yard space over a large interior footprint. It’s ideal for someone comfortable with a home from the 1980s who sees value in the lot itself—whether for gardening, expansion, or simply having more privacy and room than is typical in newer subdivisions. The renovated basement adds functional living space, making it practical for small families, downsizers, or investors.
Frequently Asked Questions
1. What is the real significance of the lot size rankings?
While the living area is average, the lot is substantially larger than most on the street and in Canterbury Park. This means more private outdoor space and could provide options for additions, a large garden, or storage sheds, which are harder to find in newer neighbourhoods.
2. The home was built in 1986. What should I consider?
A home of this age is likely to have seen updates, like the renovated basement. Buyers should plan for a thorough inspection of core components, such as the roof, windows, and major mechanical systems, which may be nearing or have reached their typical lifespan.
3. How does the assessed value compare to the last sale price?
The property last sold in July 2020 for $32.5k and now has an assessed value of $38.5k. The assessment is notably in the top 5% for the street, suggesting official recognition of its value relative to neighbours, but the market sale price will be determined by current conditions and the home's updated state.
4. Is the detached garage a plus or a minus?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the house. However, it is less convenient for accessing your vehicle in Winnipeg winters compared to an attached garage.
5. Who are the most likely neighbours?
Given the stable, mature neighbourhood and the age of the home, you can expect a mix of long-term residents and newer owners who have moved into the area for its established character and larger lot sizes. The nearby similar-value properties suggest a consistent, middle-value range.