Property Overview: 249 Alex Taylor Drive, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its substantial, premium-sized lot. With over 8,500 square feet of land, the property ranks in the top 5% for lot size on its street and the top 4% within the neighbourhood, offering a rare degree of outdoor space and privacy for the area. The home itself, built in 1985, is of average size for its locale at just over 1,000 square feet of living space but benefits from a renovated basement. A detached garage completes the practical layout.
The primary appeal lies in the land itself—a canvas for gardening, recreation, or future expansion in a mature, established community. Its above-average assessed value for the street suggests the property is well-regarded. This home would best suit a buyer who values a large, private yard over a large house, and who is looking for a solid, single-level dwelling with modernized below-ground space. It’s a practical choice for downsizers, first-time buyers seeking room to grow outdoors, or investors recognizing the inherent value in the land.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement has been renovated but does not specify the scope. A buyer should inquire about the finishes, ceiling height, permits, and whether it includes a bathroom or separate entrance to understand its full value and functionality.
2. How does the sale price relate to the assessed value?
The home recently sold for $42,500, which is above its $39,400 assessed value. This indicates the market valued the property higher than its municipal assessment, often a sign of strong buyer demand for the specific features, like the large lot.
3. Is the large lot size typical for Canterbury Park?
No, it is exceptional. The lot is significantly larger than the neighbourhood average (4,807 sq ft), placing it in the top 4%. This is a standout feature that differentiates it from most area properties.
4. Given the home's age, what should I investigate?
Built in 1985, major systems like the roof, windows, furnace, and electrical are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and plan for potential updates.
5. What is the potential for this property?
The combination of a large lot and a single-storey home presents clear potential. Future owners could consider additions, a sunroom, or extensive landscaping to enhance living space. The renovated basement also adds immediate flexible space for a family, home office, or rental suite (subject to zoning and permitting).