Property Overview: 107 Van Slyk Way, Canterbury Park
Key Characteristics & Appeal
This two-storey home in Canterbury Park is a modern, spacious property built in 2011. Its primary appeal lies in its generous 2,207 sqft of living space, which ranks in the top 2% of homes in the neighbourhood, offering significantly more room than the local average. The home sits on a 4,611 sqft lot and features an attached garage and a renovated basement. A key, less obvious strength is its relative newness compared to the broader Winnipeg market; being built in 2011 makes it a notably newer home city-wide, potentially meaning fewer major upkeep concerns in the near term. The property’s assessed and recent sale value of $530k positions it as an above-average offering in its immediate area, Canterbury Park, and across Winnipeg, suggesting a solid market position.
This home would suit buyers looking for move-in-ready, modern space without the premium of a brand-new build. It’s ideal for growing families who will benefit from the expansive living area and the finished basement, or for professionals wanting a comfortable, low-maintenance property in a well-established suburban neighbourhood. The data indicates it offers a compelling combination of space, modernity, and value within its context.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 4,611 sqft is below average for Van Slyk Way itself but is around the average for both the Canterbury Park neighbourhood and the city overall. The trade-off is a much larger-than-average living area on a standard-sized lot.
2. What does the sale history indicate?
The home sold for $530k in March 2023. Prior to that, it sold for $380k in May 2017. This history shows a significant appreciation over that six-year period, aligning with its current above-average assessed value.
3. Is the home truly "above average" for the area?
Yes, according to the data. For its key metrics—Year Built, Living Area, and Assessed Value—this property consistently ranks in the "above average" to "elite" categories (top 30% or better) when compared to homes in Canterbury Park.
4. What are the less obvious points to consider?
While the home is newer city-wide, it is now 13 years old, so due diligence on components like the roof, HVAC, and appliances is wise. Also, its value ranks slightly lower on its own street (Top 24%) than in the wider neighbourhood (Top 10%), which could reflect the specific desirability or home sizes on Van Slyk Way.
5. Who might this property not suit?
Buyers seeking a very large yard or estate-sized lot may find the property’s land area limiting. Similarly, those looking for a brand-new build or a fixer-upper project would not be the ideal fit, as this is a well-maintained, modern home commanding a corresponding market price.