179 Canterbury Place

Property Overview: 179 Canterbury Place, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in the Kildonan Drive area presents a practical and straightforward opportunity. Its key characteristic is its manageable scale, featuring 768 sqft of living space and a recently renovated basement, all on a near-standard 5,000 sqft lot. A detached garage adds functional utility.

The appeal lies in its efficiency and relative value. While its living space is modest compared to broader area averages, it ranks solidly among its immediate neighbors on Canterbury Place. This suggests a well-kept, cohesive street where the home holds its own. The renovated basement effectively adds usable space, enhancing the livability of the footprint. With an assessed value that is average for its street but below the area average, it may offer an accessible entry point into the neighborhood.

This property would suit first-time buyers, downsizers, or pragmatic investors seeking a low-maintenance, single-level layout without a major renovation project. It’s for someone who values a classic, established community over brand-new construction, and who sees the potential in a home that is already functional and updated where it counts—below ground.

Section 2: Frequently Asked Questions

1. How does the size of this home compare to others nearby?
At 768 sqft, the living area is slightly below the average for the wider Kildonan Drive area, but it is actually around the average when compared specifically to the other ten homes on Canterbury Place itself. This indicates a street of similarly scaled, character homes.

2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated but does not specify the details of the finish or layout. This is a key point to clarify with the seller or agent to understand if it’s a finished recreational space, additional bedrooms, or a modernized utility and storage area.

3. Is the assessed value a reliable indicator of the selling price?
The home's assessed value is $28,300. Historical data shows it last sold for between $24,500 and $27,500 in late 2020. Assessments are for tax purposes and market conditions change, so recent comparable sales are a more direct guide for current market value.

4. What are the implications of a home built in 1925?
A 101-year-old home offers charm and established landscaping but requires diligent attention to aging components. While the basement is renovated, inquiries should be made about the age and condition of major systems like the roof, plumbing, electrical, and foundation, as updates may be needed.

5. How does the lot size affect the property?
At 4,999 sqft, the lot is very close to the average for the street. It provides a decent outdoor space for a home of this size but is more compact than many lots in the broader Kildonan Drive area. This translates to less yard maintenance but also less private outdoor space than some neighboring properties.