Property Overview: 95 Northcliffe Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Canterbury Park, built in 1984, presents a practical opportunity with distinct advantages. Its primary appeal lies in its efficient use of space. While the lot size is typical for the immediate street, the 1,261 sqft living area is notably larger than most direct neighbors, ranking in the top 5% on Northcliffe Drive. This suggests a home that offers more interior room than others on the block, potentially with a better layout or fewer compromises on room sizes. The basement has been renovated, adding valuable finished space without the maintenance burden of a pool. The absence of a garage may be a consideration, but it also means lower property taxes, as reflected in the assessed value which is below the neighbourhood average.

This property would suit first-time buyers or practical downsizers looking for solid interior space in a mature area without a premium price tag. It’s for the value-conscious buyer who prioritizes liveable square footage and updated fundamentals (like the basement) over exterior features like a garage or a large lot. The historical sale prices indicate a stable, modest appreciation, appealing to those seeking an affordable entry into the Winnipeg market with lower financial risk.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
The home’s living area is a standout feature for the street, being significantly larger (top 5%) than the average on Northcliffe Drive. It is roughly average compared to the wider Canterbury Park area and city overall.

2. What is the significance of the below-average assessed value?
A below-average assessed value for the neighbourhood typically translates to lower property taxes. This can make the home more affordable to own annually, but it may also reflect the lack of certain amenities (like a garage) or the home’s specific market position.

3. Has the home’s value increased over time?
Yes. The home sold for $25,400 in 2016 and for $27,800 in 2020, showing modest growth over that four-year period.

4. What should I know about the lot size?
The lot is around average for the street but below average for both the Canterbury Park neighbourhood and Winnipeg overall. This means smaller outdoor maintenance but potentially less private outdoor space than in many other parts of the city.

5. Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify if it is a legal suite with a separate entrance. This would be a key point to clarify with the seller or listing agent, as it impacts rental potential and value.