Property Summary: 68 Craglea Corner, Canterbury Park, Winnipeg
Section 1: Overview & Appeal
This is a compact, one-storey home built in 1983 on a well-sized lot in Canterbury Park. Its key characteristic is the renovated basement, which adds valuable functional space to the 889 sqft main floor. The appeal lies in its efficiency and relative value within its immediate area. While the living space is modest compared to broader neighbourhood and city averages, the property holds its own on its own street, ranking above average for lot size, year built, and assessed value among its closest peers. This suggests a well-maintained home in a stable, established setting.
It would suit first-time buyers, downsizers, or investors seeking a manageable property with a finished basement for extra living or rental income potential. The above-average lot size for the street offers room for gardening or outdoor space, a less obvious perk in a neighbourhood where lots are typically smaller. Buyers prioritizing low-maintenance living without sacrificing a sense of space provided by the basement and yard will find it a practical fit.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental use.
2. How does the property’s value compare?
Its assessed value is above average for its specific street but below the average for the wider Canterbury Park area. This can indicate a potentially more accessible entry point into the neighbourhood.
3. What does "one storey" with a basement mean for living space?
It offers main-floor living with stairs leading to the renovated lower level. This is ideal for single-level daily living, with the basement providing bonus space for recreation, storage, or a guest area.
4. There’s no garage; what are parking options?
The property has no garage. Buyers should assess the driveway and street parking situation directly to ensure it meets their needs.
5. The home is 40+ years old; what should I consider?
While the basement has been renovated, the core systems (roof, plumbing, electrical) of a 1983 home are at an age where inspections are crucial to understand their condition and any upcoming maintenance.