Property Overview
This two-storey home at 135 William Gibson Bay in Winnipeg's Canterbury Park neighborhood presents a balanced and practical offering. Built in 2004, it is a notably newer construction compared to most city homes. Its key appeal lies in its generous, above-average living space (1,703 sqft) paired with a renovated basement, offering immediate move-in readiness and room to grow. The attached garage and a land size that is typical for the area round out the core features. Its assessed value positions it as a solid, middle-market property within its immediate context.
The home would suit first-time buyers or young families looking for a modern, low-maintenance property without the premium of a brand-new build. It also appeals to the practical buyer who values a recently renovated space over a larger, outdated yard, as the lot size is functional but not expansive.
Key Characteristics & Appeal
The standout feature of this home is its modern age within a mature neighborhood. Being built in 2004, it likely offers contemporary building standards, layouts, and systems, which is a significant advantage over the average Winnipeg home built decades earlier. This translates to fewer immediate major repairs and modern amenities.
Its appeal is grounded in space and readiness. With living area rankings in the top 22% for both the street and the city, it provides ample room. The renovated basement adds valuable finished square footage, effectively increasing usable living space beyond the main footprint. The property doesn't boast elite rankings in every category, but shows consistent above-average performance in living space and building age, suggesting a well-proportioned and sensible purchase.
A less obvious perspective is its position as a "steady performer." It isn't the largest or most valuable home on the block, which can mean a more reasonable property tax burden relative to its space. For the right buyer, this represents efficiency—getting a newer, spacious, and updated home without paying for the premium of the absolute largest lot or assessment on the street.
Who It Suits:
- First-time buyers or young families seeking a modern, move-in-ready home.
- Value-conscious buyers who prioritize updated interiors and building systems over vast outdoor space.
- Those looking for a balanced property in a mature neighborhood without the upkeep of an older house.
Frequently Asked Questions
Q: How does the lot size compare to others?
A: The land area of 4,336 sqft is slightly below average for William Gibson Bay but is very typical for the wider Canterbury Park neighborhood. It provides a standard urban yard, not an expansive one.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the renovation.
Q: Is the assessed value a good indicator of the likely sale price?
A: The current assessed value is $45.50k. Notably, the home last sold in July 2020 for $39.50k. Market conditions have changed since then, so the sale price will be determined by current demand. The assessment is a municipal valuation for tax purposes, not a market appraisal.
Q: How does the building age benefit a buyer?
A: Built in 2004, the home is among the newest on its street (top 3%) and significantly newer than the Winnipeg average. This typically means more modern electrical, plumbing, insulation, and building codes, potentially reducing near-term maintenance costs.
Q: Are properties on this street similar in value?
A: The assessed value is ranked around average for William Gibson Bay. This suggests a consistent streetscape without extreme highs or lows, which can contribute to stable property values.