Property Overview
This two-storey home at 10 Nevens Bay in Canterbury Park presents a practical opportunity. Built in 2008, it offers a modern foundation with an attached garage and a full, unrenovated basement. Its key appeal lies in its positioning: the living space (1,621 sq ft) is notably above average for both the neighbourhood and the city, offering more room than many comparable homes. The lot size (5,175 sq ft) is solid for the street and provides a good balance of yard space without excessive maintenance. A thoughtful perspective is that while the home’s assessed value is modest for Nevens Bay itself, it sits at or above average for the wider Canterbury Park area and Winnipeg overall. This suggests a property that may offer relative value within a desirable community.
It would suit first-time buyers or downsizers looking for a move-in-ready, low-maintenance home in a mature neighbourhood, without needing a massive lot. It’s also a candidate for buyers who see potential in an unfinished basement, allowing for future customization to add value.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
The living area is a standout feature. It’s larger than about 74% of homes in Canterbury Park and 76% of homes citywide, offering more interior space than typical for the price point in this area.
2. Is the property assessed fairly?
The assessment is below the street average but aligns with the neighbourhood average and is above the city average. This indicates you may be getting a home with above-average living space at a value-oriented assessment for this specific street.
3. What does “basement, not renovated” mean?
It indicates the basement is unfinished. This is a blank canvas for future development (like a rec room or extra bedroom) but requires a full build-out. Ensure to budget and plan for this if finished space is needed immediately.
4. What is the neighbourhood like for a home built in 2008?
Canterbury Park is generally older, so a 2008 home is newer than about 87% of Winnipeg homes. This means potentially fewer major system updates in the near term compared to many city properties, but it’s actually one of the older homes on Nevens Bay itself.
5. What might the land size mean for me?
At 5,175 sq ft, the lot is manageable. It provides decent outdoor space for gardening or recreation without the upkeep demands of the largest yards in the area, striking a practical balance.