Property Overview: 15 Sherbo Cove, Canterbury Park
Key Characteristics & Appeal
This two-storey home in Canterbury Park presents a practical opportunity in a mature, established neighbourhood. Built in 2003, it is notably newer than most homes city-wide, suggesting modern construction standards and potentially lower immediate maintenance needs. The home features a renovated basement and an attached garage. Its living space of 1,403 sq ft is comfortably sized and aligns with neighbourhood averages, making it a manageable footprint for many households.
The appeal here is grounded in value and context. While the lot is smaller than others on its specific street, it remains on par with typical lots across Canterbury Park. This positioning often means a more manageable yard with less upkeep. The home’s most recent sale price in 2021 was around the average for Winnipeg, indicating a stable, mid-market investment. It would suit first-time buyers or downsizers seeking a modern, low-maintenance home in a quiet neighbourhood without the premium price tag of a larger lot or a brand-new development. It’s a home for those who prioritize the condition and age of the house itself over having the largest property on the block.
Frequently Asked Questions
1. Is the smaller lot size a significant drawback?
Not necessarily. While the land area is below average for Sherbo Cove, it is actually around the average for the wider Canterbury Park neighbourhood. This typically translates to less yard work and lower exterior maintenance costs, which can be a benefit for many buyers.
2. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the extent. We recommend this be a key point for your viewing and discussions with the seller to understand the finish quality, permitted status, and the added living space it provides.
3. How does the 2003 build year compare to the area?
It’s a standout feature. The home is newer than 84% of properties across Winnipeg and is the newest build on its street. This suggests major structural components (roof, windows, furnace) are likely younger than those in many comparable homes, offering potential peace of mind.
4. The assessed value seems low. Why?
It’s important to note the assessed value ($42.9k) is for taxation purposes only and is not an indicator of market value. The market value is better reflected by its last sale price of $420k in 2021, which was around the city-wide average at that time.
5. What is the neighbourhood like?
Canterbury Park is an established area with a mix of home ages and styles. The data shows property sizes and values here are very typical for Winnipeg, suggesting a stable, middle-ground community without extreme highs or lows, which often appeals to those seeking long-term consistency.