106 Van Slyk Way

Property Overview: 106 Van Slyk Way, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Canterbury Park is defined by its generous, above-average lot size within a modern neighbourhood context. Built in 2011, it benefits from being part of a newer wave of development in the area. The home features an attached garage and a renovated basement, adding functional living space. Its primary appeal lies in the combination of a substantial, private yard—ranking in the top 9% for land area on its street—and a manageable, single-level footprint of approximately 1,205 sqft. This presents a "right-sized" opportunity: less interior space to maintain than some neighbouring homes, but with outdoor space that exceeds expectations for the area.

The property would suit first-time buyers or downsizers seeking a modern, low-maintenance layout without sacrificing yard space for gardening, pets, or quiet outdoor living. Its assessed value positions it as a more accessible entry point into Canterbury Park compared to many area homes, making it particularly interesting for value-conscious buyers who prioritize land over sheer interior square footage. A thoughtful perspective is that this home offers a balance often hard to find: newer construction amenities and a renovated basement without the premium lot price typically seen in older, established neighbourhoods with similar-sized yards.

Section 2: Frequently Asked Questions

1. Is the living area too small for a family?
While the living area is modest compared to some newer builds, the renovated basement significantly expands usable space. The layout may suit a small family or those who prioritize shared living areas and spend more time outdoors, benefitting from the large lot.

2. How does the assessed value compare to the likely sale price?
The provided assessed value is a municipal figure for tax purposes and is notably lower than typical area sale prices. Recent comparable sales and market conditions are far better indicators of current value, as seen in the 2021 sale price and the values of similar listings.

3. What does "above average" lot size mean practically?
With over 6,000 sqft, the lot is larger than approximately 91% of others on Van Slyk Way. This translates to more backyard privacy, room for additions like a shed or deck, and generally more distance from neighbouring homes than is standard in this neighbourhood.

4. What are the pros and cons of a 2011 build?
Pros include modern construction standards, likely updated building materials, and less immediate concern for major system replacements (roof, furnace). A potential con is that design trends and finishes from that era may feel dated compared to a brand-new build, though the renovated basement addresses this partially.

5. How does this home fit within Canterbury Park?
It sits in a pocket of newer homes (early 2010s) on a quiet street. It offers a balance: the established feel of a mature neighbourhood like Canterbury Park, but with the infrastructure and build quality of a more recent subdivision, potentially resulting in lower near-term maintenance.