Property Overview: 116 William Gibson Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2004, presents a compelling mix of space, modernity, and established neighbourhood living. Its key appeal lies in its generous 1,920 sqft of living area, which ranks well above average for both the Canterbury Park neighbourhood and Winnipeg overall, offering ample room for families. The home sits on a standard 4,480 sqft lot and features an attached garage and a basement (not renovated).
The data reveals thoughtful perspectives: while the home is newer than most in the city, it is notably one of the newest on its own street, suggesting a well-established, mature streetscape with infill modern convenience. Its assessed value is above average citywide but sits around the median for its immediate area, indicating it is priced consistently within a desirable micro-location. This property would best suit buyers looking for a spacious, relatively modern home in a settled suburban neighbourhood, who value room to grow over a massive lot size and are comfortable with a basement that offers potential rather than a finished product.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
With 1,920 sqft of living space, this home is significantly larger than most in Canterbury Park and ranks in the top 3% for size on William Gibson Bay itself, making it a notably spacious option in the area.
2. Is the home older or newer for this neighbourhood?
Built in 2004, it is a relatively modern home compared to the Winnipeg average. Within Canterbury Park, it’s around the neighbourhood average, but it is actually one of the newest homes on its specific street.
3. What is the significance of the lot size?
At 4,480 sqft, the lot is around the average for the street and neighbourhood. It provides standard suburban outdoor space but is not an exceptionally large parcel, focusing the appeal more on the home's interior square footage.
4. How does the assessed value context inform the price?
The assessed value is above the Winnipeg average but aligns with the mid-range for homes on William Gibson Bay. This suggests the value is driven more by its specific location and home features than by lot size.
5. Was the last sale price in 2020 indicative of current value?
The 2020 sale price of $342,000 is a historical point. The current assessed value of $470k reflects market changes and municipal assessment since that time, and any sale price would be determined by the current market.