Property Overview: 104 Redonda Street, Canterbury Park, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2005, presents a compelling mix of space, modernity, and value within its established Canterbury Park neighbourhood. Its primary appeal lies in its generous 1,440 sqft of living area, which is notably larger than most comparable homes on its street. Combined with a renovated basement, this offers significant flexible space for living, working, or storage. The property sits on a 3,615 sqft lot, which is more compact than area averages—a potential plus for buyers seeking lower outdoor maintenance without sacrificing private yard space.

The home suits practical buyers looking for a move-in-ready canvas in a mature neighbourhood. It’s ideal for a young family or professional couple who prioritize interior square footage over a vast lot, and who appreciate a home from this century that requires less immediate updating than older stock. The recent sale price points to a value-oriented entry into the market. A thoughtful perspective is that while the lot size is below average for the city, it ranks better within its immediate locale, suggesting the street itself offers a more cohesive, neighbourly scale. The above-average assessed value for the street also indicates the property is perceived as a solid asset within its micro-market.

Frequently Asked Questions

1. How does the lot size compare practically?
While the land area is below the citywide average, it is more typical for the Canterbury Park area and very similar to the direct neighbours on Redonda Street. This typically means a manageable yard with room for gardening or recreation, but not extensive landscaping demands.

2. Is a 2005 build considered modern for Winnipeg?
Yes. With a citywide average build year around 1966, a 2005 construction is relatively new. This generally suggests more contemporary building materials, floor plans, and systems, potentially reducing concerns about major aging components like roofing or plumbing found in much older homes.

3. What does "Elite" ranking for living area mean?
This means the home's interior space is in the top 4% compared to other homes on Redonda Street. You are getting significantly more living space than is typical for this specific block, which is a key advantage.

4. There's no garage. Is that common here?
The listing notes no garage. Many homes in older Winnipeg neighbourhoods have detached garages or carports, or none at all. Buyers should consider on-street parking or the potential cost/feasibility of adding a garage or paved parking pad.

5. The sale price is below the assessed value. What does that indicate?
A recent sale price below the municipal assessed value can occur for many reasons, including market conditions, specific property factors, or the timing of the assessment. It does not inherently reflect on the property's condition but may indicate a buyer secured a favourable purchase relative to its official valuation.