Property Overview: 24 Hiley Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2013, presents a compelling blend of modern construction and established neighbourhood living. Its key characteristics include a renovated basement, an attached garage, and a generous 2,030 sqft of living space, which is notably larger than most homes in both Canterbury Park and Winnipeg overall. The lot size of 4,395 sqft is slightly below average for its immediate street but aligns with the neighbourhood norm.
The primary appeal lies in its relative newness and above-average interior space for the area, offering a move-in-ready canvas in a mature community. The renovated basement adds immediate functional space. From a value perspective, its assessed value ranks in the top tier for Canterbury Park, suggesting a premium property within the neighbourhood. It would best suit buyers seeking a modern home (avoiding the maintenance concerns of older properties) who want more interior room than is typical, but who don’t necessarily require a large yard. It’s a practical choice for those who value updated finishes and a home that stands out in size and condition among its local peers.
Section 2: Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is below the street average, it is very close to the average for Canterbury Park. This typically means lower yard maintenance. The trade-off is a newer, larger home on a standard-sized lot.
2. What does the high assessment ranking mean?
Ranking in the top 4% of assessed values in Canterbury Park indicates the city views this as one of the neighbourhood's more substantial properties, often reflecting its newer build, size, and renovations. This can be a marker of quality but is also a factor in property tax calculations.
3. How does the 2021 sale price relate to the current assessed value?
The home sold for $47.80k in 2021 and is now assessed at $55.90k. This increase likely reflects market trends and the value added by the basement renovation. It’s important to get a current market evaluation, as assessed value is for taxation, not necessarily sale price.
4. Who are the typical neighbours?
The immediate neighbours on Hiley Bay are homes of a similar style and vintage, given the street's high ranking for newer builds. The wider Canterbury Park area has a mix of older and newer homes, creating a diverse, established community feel.
5. What are the less obvious considerations?
The home is newer than 96% of the city's housing stock, which is a significant advantage for building systems and efficiency. However, being one of the newer homes on a street can sometimes mean the landscaping and trees are less mature than in other parts of the neighbourhood. Its "above average" size citywide is a notable feature for resale.