Property Overview
This one-storey home at 109 Hiley Bay in Canterbury Park is a property defined by its context. Built in 2012, it is a relatively modern home on a standard city lot. Its key appeal lies in its efficient, single-level layout of approximately 1,200 sq ft, paired with an attached garage and a full (though unrenovated) basement. The home sits on a 4,834 sq ft lot, which is typical for the area. Data suggests its assessed value is modest compared to its immediate street but aligns more closely with broader neighbourhood and city averages.
The property would suit first-time buyers or downsizers looking for a low-maintenance, modern-built home in a established neighbourhood. Its appeal is practical rather than luxurious, offering a turn-key opportunity with the potential for future basement development. A thoughtful perspective is that while it may be one of the smaller and lower-assessed homes on its specific street, this can represent a value entry point into a desirable pocket of Canterbury Park, with the newer construction year being a significant asset against many older city homes.
Frequently Asked Questions
Is this a good value for the area?
The data indicates the home’s value is very much in line with the wider Canterbury Park neighbourhood and Winnipeg overall. Its assessed value is lower than the average on Hiley Bay itself, which could be seen as an opportunity to enter a well-regarded street at a relatively accessible point.
What does the "unrenovated basement" mean?
The listing confirms the basement exists but has not been modernized or finished. It presents a blank canvas for future expansion, adding potential living space, but will require an investment to realize that potential.
How does the 2012 build year compare to nearby homes?
This is a standout feature. Built in 2012, the home is significantly newer than the average Winnipeg home (1966) and above average for Canterbury Park. This suggests modern building standards, newer major systems, and less immediate concern for costly updates compared to older properties.
The living area seems small. How does it compare?
At 1,200 sq ft, it is the smallest recorded home on Hiley Bay. However, it is very close to the average size for both the Canterbury Park neighbourhood and the entire city, indicating it offers a fairly standard amount of living space for the market.
What can the past sale prices tell us?
The home has sold three times since 2016, showing steady price appreciation from $32.5k to $410k. This trajectory suggests a solid history of increasing market value, though past performance is not a guarantee of future results.