Property Overview: 23 Stan Turriff Place, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2012, presents a compelling opportunity defined by its land and location. Its primary appeal lies in the substantial 10,217 sqft lot, which ranks in the top 1% for size within the desirable Canterbury Park neighbourhood and the top 6% citywide. This offers exceptional outdoor space and potential for a buyer who values privacy, gardening, or future expansion. The living area (1,641 sqft) is comfortably above average for both the neighbourhood and Winnipeg, providing ample room for family life.
The home suits two main types of buyers. First, those seeking a modern footprint in an established area—the 2012 build date means major systems are relatively young compared to the city's housing stock. Second, it’s ideal for buyers who prioritize land over a fully renovated package, as the basement is noted as not renovated, presenting a blank canvas for customization. A thoughtful perspective is that while the home’s assessed value is above average for the area, its recent sale price positioned it as a more accessible entry into a high-land-value street, suggesting a value-oriented path into one of Canterbury Park's more spacious properties.
Section 2: Frequently Asked Questions
1. What is the true standout feature of this property?
The lot size is the defining asset. At over 10,000 sqft, it significantly outpaces averages for the street, neighbourhood, and city, offering rare space and potential in a mature community.
2. Is the home in move-in condition?
The listing notes the basement is "not renovated," suggesting the main living areas are likely functional but that the lower level may require finishing or updates to suit your needs. This should be verified by a viewing and inspection.
3. How does the sale price relate to its assessed value?
The home sold for $490,000 in July 2023, which is substantially higher than its $49,100 assessed value for tax purposes. This is normal, as assessed value for property taxes is not a market valuation; the sale price reflects the current market value at that time.
4. Who are the typical neighbours in Canterbury Park?
The area features a mix of well-established homes and newer constructions like this one. The high rankings for lot size and year built indicate a street with larger properties and relatively modern homes, appealing to established families and professionals.
5. What might be a less obvious consideration before viewing?
Given the large lot and the home's age (14 years), consider the ongoing maintenance requirements for both the landscaping and the home's exterior and core systems (roof, siding, windows). The scale of the yard could be a major asset or a significant responsibility depending on the buyer's lifestyle.