Property Overview
This home at 23 Peter Sosiak Bay presents a solid, grounded opportunity in Winnipeg's Canterbury Park neighborhood. Built in 2005, it stands out as one of the newer constructions on its street, offering modern building systems without the premium of a brand-new build. The property features an attached garage, a full (though unrenovated) basement, and sits on a roughly 4,400 sqft lot that is typical for the area. With 1,482 sqft of living space and an assessed value of $460,000, it positions itself as a comfortably average home in its immediate vicinity, but compares favorably above city-wide averages for age and value.
Its appeal lies in its balance and established setting. You're not paying for extreme luxury or the largest footprint, but for a well-located, structurally contemporary home that requires no major exterior or system overhauls. The unrenovated basement is a blank canvas, allowing the next owner to customize the space to their needs without first undoing someone else's dated renovations.
This property would suit practical, value-conscious buyers—perhaps young families or professionals—who prioritize a move-in ready main living area, desire the potential for future expansion, and appreciate a home that holds its own in the neighborhood without standing out excessively. It’s for those who see a benefit in a home that is newer than most in the city, offering peace of mind on fundamentals like wiring and insulation, within a mature community.
Frequently Asked Questions
How does the home’s age compare to others?
Built in 2005, this home is significantly newer than the average Winnipeg home (built ~1966) and is actually one of the newest on its own street, ranking in the top 4% locally for year built.
Is the lot size a pro or a con?
The land area is near the average for Canterbury Park. It provides standard suburban yard space without the high maintenance of a much larger lot, which can be a practical advantage for busy households.
What does the “around average” assessed value mean for this area?
With an assessment of $460,000, the home is priced typically for Peter Sosiak Bay but sits above the average assessed value for the entire city. This suggests it's in a stable, valued pocket of the neighborhood.
The basement is noted as “not renovated.” What should I expect?
This indicates the lower level is likely in original, functional condition from 2005. It presents a clear opportunity to finish or update the space according to your own taste and budget, rather than inheriting a potentially costly or stylistically mismatched renovation.
How stable is the immediate area based on the data?
The very close proximity of homes with nearly identical assessed values on the same street suggests a consistent and stable property value environment, which can be reassuring for long-term investment.