Property Overview: 184 Redonda Street, Canterbury Park
Key Characteristics & Appeal
This bi-level home at 184 Redonda Street presents a practical and well-situated option in Winnipeg's Canterbury Park neighborhood. Built in 2001, it is a newer construction compared to many city homes, offering modern building standards without being brand-new. The home features a renovated basement, adding valuable finished living space to its 1,049 sqft footprint, which is notably above average for its immediate street.
The property’s appeal lies in its balance and context. The lot size is generous for the area, providing good outdoor space while maintaining a manageable scale. Its assessed value sits above average for the street, suggesting it is a solid performer in its micro-market. The 2019 sale price of $300k was significantly above averages for the street, neighborhood, and city at that time, indicating a history of strong buyer interest.
This home would suit first-time buyers or downsizers seeking a move-in-ready, low-maintenance property with a modern layout. It’s ideal for someone who values a renovated basement for extra living or recreational space and prefers a home that is newer than the Winnipeg median, potentially reducing immediate repair concerns. The lack of a garage may appeal to buyers looking to minimize upkeep or who plan to add a structure to their taste.
Frequently Asked Questions
1. How does the lot size compare to others?
At just over 4,000 sqft, the land is very typical for Canterbury Park and slightly above average for Redonda Street itself, offering a balanced yard space for the neighborhood.
2. Is the living space smaller than average?
Within its immediate area on Redonda Street, the living area is actually above average. It is closer to the citywide average when the renovated basement space is considered as part of the usable square footage.
3. What does the assessed value indicate?
The assessed value is above the street average, which often reflects the home’s condition, improvements (like the renovated basement), and its newer age relative to nearby properties. It is a benchmark for municipal taxes, not market price.
4. The 2019 sale price seems high compared to averages. Why?
The sale price from 2019 was high relative to historical averages for the area. This can be attributed to specific property features, market conditions at that time, and the fact that "average" values include many older, unrenovated homes, while this property is newer and updated.
5. What is the significance of the "bi-level" design?
A bi-level typically offers good separation of living and sleeping areas, with the main entry on a middle landing. This layout can provide a sense of distinct zones within a compact footprint, and the walk-out potential of the lower level often adds brightness to the basement space.