Property Overview: 284 St Martin Boulevard

Section 1: Key Characteristics & Appeal

This two-storey home in Canterbury Park is a practical and value-oriented property. Built in 1976, it stands out on its street as being notably newer than its immediate neighbours. With 1,080 sqft of living space, it offers above-average roominess for the local street, though it is more modest compared to the broader neighbourhood and city averages. A key feature is its renovated basement, adding functional living space. The lot size is a standard 3,300 sqft with no garage or pool.

The primary appeal lies in its value proposition and move-in readiness. The home’s assessed value and last sale price are consistently below average for the area, suggesting a potentially accessible entry point into the market. The renovated basement adds immediate utility without the need for initial projects. It suits first-time buyers seeking a solid starter home with some updates already complete, or investors looking for a manageable rental property in a stable, established neighbourhood. A thoughtful perspective is that while the home is newer than others on the block, this doesn’t necessarily mean modern systems; a buyer’s inspection should focus on the condition of 50-year-old core components like plumbing and wiring.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish, rooms, or permits. A viewing is essential to determine if it’s a finished rec room, a separate suite, or something else, and to check for moisture issues common in older basements.

2. How does the lack of a garage affect daily life and value?
There is no garage, so parking and storage will rely on the driveway and the home’s interior storage spaces. This is a common feature in many older Winnipeg neighbourhoods and is reflected in the home’s value, but buyers should plan for winter vehicle plug-ins and storage solutions.

3. The assessed value seems very low. Why?
The "Assessed Value" figures shown (e.g., $24.60k) are not market values; they are a municipal tax assessment number. The market price is better indicated by the last sale price of $250,000. Always rely on a comparative market analysis from a realtor for current value.

4. The home is "newer" on the street but older than the neighbourhood average. What does this mean?
While built in 1976 (newer than most on St Martin Blvd), Canterbury Park as a whole has many homes built later. This suggests the immediate block has a mature, established feel with older trees, while the wider area may have a more varied streetscape.

5. What are the likely maintenance priorities for a home of this age?
Even a "newer" home on the street is 50 years old. Buyers should proactively budget for and inspect major aging components, including the roof, windows, furnace, and foundation, as these may be nearing the end of their service life.