Property Overview: 154 Ed Golding Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Canterbury Park presents a balanced and modern offering. Built in 2011, it is a newer construction relative to most Winnipeg homes, suggesting contemporary building standards and less immediate need for major updates. The property features an attached garage and a renovated basement, adding valuable finished space and flexibility.
Its primary appeal lies in its strong positional value within a desirable neighbourhood. The home sits on a generous lot that is above average for Canterbury Park, providing ample outdoor space. While the living area is comfortable and above the city average, the standout metrics are its assessed value and recent sale price, which rank well above average for both the neighbourhood and the wider city. This indicates a property that holds its value in a sought-after location.
This home would suit buyers looking for a move-in ready, modern property in a mature neighbourhood without the premium price tag of a brand-new build. It’s ideal for small families or professionals who appreciate the space of a larger lot and the added utility of a renovated basement. The numbers suggest it represents a solid, middle-market investment in a stable area, offering more land and newer construction than many comparable city properties.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The land area of approximately 5,300 sq ft is notably above the average for Canterbury Park, placing it in the top 25% of the neighbourhood. This is a significant asset, offering more private outdoor space than many nearby homes.
2. Is the home considered new or old for the area?
Built in 2011, the home is newer than about 80% of properties in Winnipeg. Within Canterbury Park specifically, it is also above average in age, ranking in the top 21%, meaning it is one of the more recent constructions in this established area.
3. What does the "above average" sale price ranking indicate?
The home sold in July 2022 for a price that ranked in the top 7% for the neighbourhood and top 13% city-wide. This strong historical sale performance suggests the property is in a valued location and likely had features or conditions that commanded a premium at the time.
4. Who might this property not suit?
Buyers seeking a very large interior footprint or a brand-new, custom-built home may find the living area (1,531 sq ft) more modest. It may also not suit those looking for a fixer-upper or a project home, given its renovated basement and modern age.
5. How does its value compare to immediate neighbours?
With an assessed value of $520,000, it sits slightly above the average assessed value for similar homes on the same street. This aligns with its overall trend of being a solid, mid-to-upper tier property within its immediate micro-market.