Property Overview: 35 Chadwick Crescent, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, early-2000s cabover home in the established Canterbury Park neighbourhood. Its key features include a renovated basement and an attached garage, sitting on a manageable 4,432 sqft lot. The home’s primary appeal lies in its balance and solid positioning within its market. While the lot size and year built are slightly below average for its immediate street, the living space is comfortable and the property holds an above-average assessed value citywide. It last sold in June 2022 for $510,000, a price that was above average for the street, neighbourhood, and city at that time.
This property would suit practical buyers looking for a move-in-ready home in a mature area without the premium for a brand-new build. It’s ideal for those who value a finished basement for extra living space and prefer a home that has already seen some thoughtful updates. A less obvious perspective is that a home with slightly older construction on this street may offer better value compared to newer ones, potentially providing more interior space or land for the price, while still being a modern-enough build. It’s a sensible choice for small families, couples, or downsizers seeking a low-drama home in a convenient location.
Section 2: Frequently Asked Questions
Q: How does this home compare to others on Chadwick Crescent?
A: The data shows it’s a solid, middle-of-the-pack home for the street. It has a slightly smaller lot and is a few years older than the street average, but its living area and assessed value are very much in line with neighbouring properties.
Q: Is the above-average sale price from 2022 a concern?
A: Not necessarily. The sale price was above average across multiple comparisons (street, area, city), which indicates the market at that time recognized specific value in this property, likely due to its renovated condition and desirable features.
Q: What does the "cabover" building type mean?
A: A cabover design typically features a garage that is integrated under the main living space, often with living areas above. This can allow for a more efficient footprint on the lot and sometimes results in interesting interior layouts compared to side-by-side designs.
Q: The assessed value seems low compared to the sale price. Why?
A: The assessed value (used for property tax calculation) is often lower than market value and can lag behind rapid market changes. The 2022 sale price is a clearer indicator of its actual market value at that specific time.
Q: Who might this home not be ideal for?
A: Buyers seeking a very large yard, the newest construction on the block, or an estate-sized property might find better options elsewhere. It’s geared toward those who prioritize a balanced, updated home in a settled community over maximum square footage or a pristine, unused lot.