Property Overview & Key Characteristics
This 1978-built, one-storey home at 249 Wynford Drive in Canterbury Park is a compact, no-frills property centered on its renovated basement and its position within its immediate neighbourhood. With 900 sqft of living space on a 3,080 sqft lot, it offers a modest footprint. Its primary appeal lies in its value proposition: it presents one of the most recent builds on its street (newer than most direct neighbours) and comes with the added value of a finished lower level. The home lacks a garage and pool, positioning it as a practical, entry-level option.
It would best suit a first-time buyer, an investor, or someone looking to downsize who prioritizes a move-in-ready basement space over above-ground square footage. Its below-average assessed value for the wider area suggests a relatively lower property tax burden, which could appeal to budget-conscious owners. A thoughtful perspective is that while the home is smaller than many in the broader Canterbury Park area, its lot size is quite typical for Wynford Drive itself, meaning it doesn’t feel out of place on its own block. This could offer a sense of neighbourhood consistency that isn't apparent from city-wide comparisons alone.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the selling agent, as it determines whether the space is a finished rec room, a separate suite, or additional living quarters.
2. How does the sale price compare to the assessed value?
The home sold for $24.5k in July 2023, which was below its last assessed value of $27.9k. This is common and reflects market conditions at the time of sale; assessed value is for municipal taxation and doesn't always equal market value.
3. Is the lot size a disadvantage?
At 3,080 sqft, the lot is below average for Canterbury Park and Winnipeg overall. However, it ranks around average (Top 68%) specifically for Wynford Drive. This means outdoor space is limited, but is typical for homes on this particular street.
4. What are the implications of having no garage?
Buyers should plan for street parking and consider the practicalities of Winnipeg winters. The lack of a garage also affects storage options and may influence insurance costs.
5. The home is newer than others on the street. What does that mean?
Built in 1978, it is one of the newest homes on Wynford Drive (ranking in the top 1% for year built on its street). This can be a positive, potentially indicating newer components like plumbing or electrical systems compared to immediate neighbours, though a specific inspection is still essential.