Property Overview
This 1986 bi-level home at 32 Fairview Drive in Canterbury Park presents a practical and efficient living option. Its key appeal lies in its balance of a renovated basement, a manageable lot size, and a value-oriented position within its immediate area. The home sits on a 3,300 sqft lot, which is a comfortable, low-maintenance size that is actually above average for Fairview Drive itself. With 888 sqft of living space, it is compact, suggesting a focus on functionality over expansiveness. A significant feature is the renovated basement, which adds valuable finished space. The detached garage offers flexible storage or workshop potential.
The property would suit first-time buyers seeking an entry point into homeownership with some modernized finishes, or downsizers looking for a manageable property without a large yard to maintain. Its relatively average assessed and recent sale value for the street indicates it's priced in line with the micro-neighbourhood, offering stability rather than standing out as unusually high or low. A thoughtful perspective is that while the living area is modest city-wide, the renovated basement effectively expands usable space, and the home's year-built ranking suggests it is one of the newer homes on its block, which can be a plus for infrastructure and systems.
Frequently Asked Questions
1. Is the lot size a drawback?
While below the city average, the 3,300 sqft lot is actually above average for Fairview Drive itself. It represents a balanced, low-maintenance yard that is typical for the immediate area.
2. How does the living area feel with only 888 sqft?
The listed living area reflects the main and upper levels. The presence of a renovated basement significantly adds to the home's total usable space, making it more functional than the square footage alone might suggest.
3. What does the "Top 4%" ranking for year built on the street mean?
This indicates this home, built in 1986, is among the newest on Fairview Drive. In this specific context, it's a relative advantage, suggesting potentially newer major components compared to immediate neighbours.
4. Is the assessed value a reliable indicator of the sale price?
The home last sold in May 2021 for $36,200, which was close to its assessed value at the time. This pattern suggests assessments here have been relatively aligned with market activity, but current market conditions must always be evaluated separately.
5. Who would this neighbourhood suit?
Canterbury Park offers a established, residential setting. This home's position—with metrics that are often stronger on its own street than in the wider area—appeals to those seeking a value-conscious, community-oriented location within Winnipeg.