Property Overview
225 Ravenhurst Street is a modern two-storey home in Canterbury Park, built in 2017. Its key appeal lies in being a newer construction in a neighbourhood of mostly older homes, offering move-in readiness with a renovated basement. The detached garage and a land size that is generous for its street add practical value.
This home suits first-time buyers or small families looking for a modern, low-maintenance property without the premium of a brand-new build. It also appeals to value-conscious buyers who appreciate that the home’s assessed value ranks above average both on its street and citywide, suggesting solid investment potential. A less obvious angle is its appeal to buyers wary of major near-term repairs; being only nine years old, it likely sidesteps the costly updates often needed with older homes in the area.
Frequently Asked Questions
How does the lot size compare?
At 3,936 sqft, the lot is slightly larger than the average for Ravenhurst Street, but below the average for both Canterbury Park and Winnipeg overall. It offers a balanced yard space for the home's size.
Is this a recently built home for the area?
Yes. Built in 2017, it is one of the newest homes on its street (ranking in the top 2%) and is significantly newer than the average home in both Canterbury Park and citywide.
What is the living space like?
With 1,443 sqft of living area, it is comfortably above average for its immediate street and around the average size for both the neighbourhood and the wider city.
How does the assessed value inform the price?
The assessed value of $45.70k is above average for the street and city, and around average for Canterbury Park. This can indicate stable municipal valuation, but the final sale price is determined by the market.
What was the previous sale history?
The home last sold in December 2016 for $31.50k, which was likely prior to or during its construction. This historical data highlights the property's appreciation in assessed value since its completion.