Property Overview: 66 Northcliffe Drive, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1981, presents a practical opportunity in Winnipeg's Canterbury Park neighbourhood. Its primary appeal lies in offering above-average interior space for its immediate street, with a 1,200 sqft living area that ranks well among direct neighbours. The home features a renovated basement, adding to its functional space. The lot is compact at 2,499 sqft, which translates to lower maintenance—a key point for those seeking a manageable yard. The assessed value is notably below average for both the street and neighbourhood, which can indicate a potentially accessible entry point into the area.
This property would suit first-time buyers or downsizers looking for a solid, no-frills home in a mature community without a premium for extensive land. It’s a pragmatic choice for those who prioritize interior living space over outdoor square footage and are comfortable with a home of this vintage. The recent basement renovation adds move-in readiness, while the lack of a garage suggests buyers should be prepared for street parking or consider the cost of adding a structure.
Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is below average for the city and neighbourhood, it offers a low-maintenance yard. This is often seen as a drawback for those wanting expansive outdoor space, but can be a benefit for buyers seeking to minimize upkeep time and costs.
2. The assessed value seems low. What does that mean?
The assessed value is for municipal tax purposes and is consistently below area averages here. It doesn't dictate market price, but it can suggest the home may be evaluated as more modest relative to its surroundings, potentially affecting property tax levies.
3. What is the significance of the living area ranking?
The home ranks in the top 29% for living area on its own street. This means it offers more interior space than most comparable homes directly around it, which is a distinct advantage in an otherwise compact setting.
4. There's no garage. How does parking work?
The property has no garage, so parking is limited to the driveway and street. Buyers who require sheltered parking or multiple vehicle storage would need to factor in the cost and feasibility of adding a garage.
5. The home sold in 2021. What can that sale tell us?
It sold for $290,000 in May 2021. This provides a recent market benchmark, but given changes in the real estate market since then, a current appraisal and comparative market analysis are essential to understand its present value.