Property Overview: 34 Tunbridge Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its generous, above-average lot size—nearly 5,700 sqft—which is a standout feature both on its street and within the neighbourhood. Built in 1975, it is one of the older homes on Tunbridge Bay, which may appeal to those seeking a established, mature streetscape. The home itself offers a renovated basement and a functional living space of 1,120 sqft, complemented by a detached garage.
Its primary appeal lies in its land value and location. The lot offers significant outdoor space and potential in a neighbourhood where newer builds are more common, presenting a rare opportunity. The assessed value ranks highly on its street, suggesting a solid foundation of value relative to immediate peers.
This property would best suit a buyer who prioritizes yard space over a large interior footprint, and who sees potential in a solid, older home. It’s a practical choice for someone looking to enter the Canterbury Park area, possibly valuing the option to personalize or expand over time, and who appreciates the character of an established community.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
At 5,699 sqft, the lot is significantly larger than the average in both Canterbury Park and on Tunbridge Bay itself. This means more private outdoor space, room for gardening, additions, or recreational features compared to many neighbouring properties.
2. The home was built in 1975. What should I consider?
While the basement has been renovated, the age of the home means standard due diligence is important. A thorough inspection of major systems (roof, plumbing, electrical, foundation) is recommended, as updates may be needed or planned for.
3. What does the assessed value ranking tell me?
Ranking in the top 11% on its street for assessed value indicates the property is viewed as a higher-value asset compared to its direct neighbours. This can be a positive sign for underlying land value, though market sale price is determined by current conditions.
4. Who are the most likely neighbours or community members?
Given the home's age and the mix of older and newer homes in Canterbury Park, you’ll likely have a blend of long-term residents and newer families. The street itself has a higher concentration of older homes, fostering a settled, mature environment.
5. The last sale was in 2017. Is that a concern?
Not inherently. A seven-year ownership period is fairly standard. It suggests the sellers have had a stable tenure, but it’s wise to ask why they are moving now to understand any broader factors about the property or area.