Property Overview & Appeal
This well-situated Canterbury Park home presents a balanced and modern offering. Its key characteristic is its relative newness; built in 2004, it is one of the newest homes on its street, offering contemporary construction and likely fewer immediate maintenance concerns compared to much of the city's housing stock. The home features a renovated basement and an attached garage, with living space that is comfortably in line with neighbourhood averages. Its appeal lies in this move-in-ready combination of updates and a build date that avoids the common issues of older properties. The lot size is standard for the area, suggesting manageable outdoor upkeep.
It would suit practical buyers seeking a modern foundation in a stable neighbourhood—perfect for those who want to avoid the surprises of an older home but don't require an oversized lot or mansion. A thoughtful perspective is that while the home ranks above average in assessed value for the area, its last sale price was competitive, suggesting it may offer good value within a desirable, newer tier of homes on the street.
Frequently Asked Questions
1. How does the home's age compare to others nearby?
Built in 2004, this home is notably newer than the Winnipeg city-wide average. On its own street, it ranks in the top 3%, making it one of the most modern properties in the immediate area.
2. Is the lot size typical for Canterbury Park?
Yes. The land area of approximately 4,663 sq ft is very close to the average for both the street and the broader Canterbury Park neighbourhood, indicating a standard, manageable yard for the community.
3. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope or finish. This would be a key point to clarify with the listing agent to understand the quality and nature of the renovation.
4. The assessed value seems high for the area. Why?
The assessed value ranks above average for the street and neighbourhood. This is likely influenced by the home's newer construction year and the renovated basement, which are positive factors in the assessment.
5. How does the last sale price relate to the current assessed value?
The home sold in November 2021 for $451,000. The current assessed value is slightly higher at $492,000, which is a typical pattern reflecting market changes and assessment methodologies over time. It's a useful benchmark for understanding current municipal valuation.