Property Overview: 118 Ed Golding Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, modern one-storey home built in 2011, situated on a quiet bay in Canterbury Park. Its key features include an attached garage and a renovated basement, adding valuable finished space. The home presents a compelling mix of newer construction within an established neighbourhood.
The primary appeal lies in its move-in readiness and efficient layout, ideal for low-maintenance living. While the living area is modest compared to some immediate neighbours, it is very much in line with—or even slightly above—the average for both Canterbury Park and Winnipeg overall. This creates an opportunity: you get a newer home (built well above the citywide average) without a premium typically attached to the largest lots or square footages on the street. The property holds an above-average assessed value for the broader area, suggesting it is viewed favorably in terms of condition and location.
This home would suit first-time buyers, downsizers, or professionals seeking a modern, single-level layout in a convenient suburban location. It’s for those who prioritize a recent build year and updated finishes over having the largest footprint on the block, offering a balanced entry into a desirable neighbourhood.
Section 2: Frequently Asked Questions
1. Is the lot size a concern?
The land area is smaller than the average for Ed Golding Bay itself, but it is competitive when compared to the wider Canterbury Park neighbourhood and the city. It provides a manageable yard with less upkeep.
2. How does the 2020 sale price relate to the current assessed value?
The property sold for $401,000 in June 2020. Its current assessed value of $480k reflects market changes and the value added by the renovated basement since that sale.
3. What does "above average" assessed value for the neighbourhood mean?
It indicates that this home’s official assessment is higher than most homes in Canterbury Park. This often reflects its newer age, renovations, and desirable location on the bay, but it’s a factor to consider for property tax estimates.
4. Who might this home not be ideal for?
Buyers seeking a very large backyard or expansive interior square footage compared to their immediate neighbours on the same bay may find it limiting. It’s designed for efficient living rather than grand space.
5. What is the significance of the "renovated basement"?
While specific finishes aren’t listed, a renovated basement in a 2011 home typically means additional comfortable living space, such as a family room, office, or extra bedroom, completed with modern materials. It’s a significant functional upgrade over an unfinished space.