Property Overview

This two-storey home at 196 Chadwick Crescent in Winnipeg's Canterbury Park neighbourhood presents a balanced, modern offering. Built in 2008, it is notably newer than most homes in the city. With 1,811 sqft of living space, it provides above-average roominess for both its immediate street and wider area. The property features an attached garage and a renovated basement, adding valuable finished space. Its lot size is typical for the street but offers a manageable footprint. The home last sold in August 2020.

Key Characteristics & Appeal

The primary appeal of this property lies in its modern age and efficient use of space. Being built in 2008, it likely benefits from contemporary construction standards, materials, and floor plans, potentially reducing immediate repair concerns compared to older city-wide averages. The renovated basement immediately adds functional living or recreational space. While the lot is not exceptionally large, its average size for the area suggests lower maintenance without sacrificing outdoor space.

This home would suit a buyer looking for a move-in-ready, modern property in a stable neighbourhood. It’s particularly well-matched for young families or professionals who value the above-average living space and recent build date, offering a balance between a newer home and established community. The data suggests it provides solid value within its immediate crescent, positioned around average for the street but standing out as a newer, larger home in the broader city context.

Frequently Asked Questions

1. How does the 2008 build date impact this home?
A 2008 construction means major components like roofing, siding, windows, and major systems are relatively young and likely still within their typical lifespans, potentially deferring significant capital costs for years.

2. Is the lot size a pro or a con?
At just under 5,000 sqft, the lot is manageable. It offers adequate private outdoor space without the demanding upkeep of a much larger yard, which can be a positive for busy households.

3. What does "around average" for the street mean for value?
Its metrics (like assessed value and land area) are typical for Chadwick Crescent, indicating it fits seamlessly into the street’s profile. This can be a sign of stability and predictable value rather than standing out as an over-improvement.

4. The assessed value is noted as $49.70k. Is that the market value?
No. This is the municipal assessed value for property tax purposes. Market value is determined by current sale prices of similar homes and is typically different. The last known sale price was $43.50k in 2020.

5. Who might this home not suit?
Buyers seeking a very large lot or an estate-sized property would find the yard size typical but not expansive. Those looking for a home that significantly outperforms its immediate neighbours on paper metrics may find its "around average" street rankings less compelling.