Property Overview: 301 Alex Taylor Drive, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This 1987-built bi-level home at 301 Alex Taylor Drive presents a practical and value-conscious opportunity in Winnipeg's Canterbury Park neighborhood. Its key characteristics include a renovated basement, 1,080 sqft of living space, and a 4,108 sqft lot. The home last sold in June 2021 for $280k.
The primary appeal lies in its position as a solid, no-frills property within a mature community. The renovated basement adds functional living space, a significant plus for the square footage. While the lot size is below average for the immediate street, it is relatively standard for the wider neighborhood, offering manageable outdoor maintenance. The home’s standout metric is its year of construction; it is the newest build on Alex Taylor Drive, suggesting potentially fewer concerns with foundational aging compared to direct neighbors.
This property would best suit first-time buyers or practical downsizers seeking an entry into a stable area without premium pricing. It’s for those who value a move-in-ready basement renovation over larger square footage or expansive yards. The lack of a garage and a pool indicates it’s geared toward buyers with simpler needs and a focus on interior livability over exterior amenities.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land is below average for Alex Taylor Drive specifically, it is near the city-wide average. This means less yard upkeep but also limited space for major expansions like a large addition or garage.
2. What does "renovated basement" typically mean here?
In a bi-level of this era, a renovated basement usually indicates the lower level has been finished into livable space, such as a family room or additional bedrooms, adding significantly to the home’s functional area.
3. The assessed value seems low. Does that indicate a problem?
Not necessarily. The assessed value is for municipal tax purposes and is often below market value. Its "below average" ranking on the street and in the neighborhood primarily reflects the home’s more modest size and lot relative to nearby properties.
4. How does being the "newest" home on the street affect value?
In a mature neighborhood, a newer build (1987 vs. older street averages) can be a subtle advantage. It may imply updates to original construction standards and materials, potentially resulting in fewer immediate major repairs related to the home’s core structure and systems.
5. Who might this property not suit?
Buyers prioritizing extensive outdoor space, a garage, or a large interior footprint may find it limiting. It’s also less suited for those seeking a premium investment in the top tier of the neighborhood, as the metrics position it as a comfortable, average-priced home in the area.