Property Overview & Key Characteristics
This two-storey home at 28 Bill Larkin Lane in Canterbury Park is a modern property built in 2016, offering a move-in-ready foundation with a renovated basement. Its key appeal lies in its balance of newer construction within an established neighbourhood. The home sits on a standard-sized lot for the area and features an attached garage.
The data reveals a nuanced position: while the living space is modest compared to others on its own street, the home is newer than the vast majority of properties across Winnipeg, suggesting lower immediate maintenance costs. Its assessed value and recent sale price consistently rank above average for both the neighbourhood and the city, indicating solid market recognition.
This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home without sacrificing yard space. It’s also a practical fit for those who value a renovated basement for extra living area and appreciate the stability of a home that is newer than most in the broader market.
Frequently Asked Questions
1. Is the living area smaller than other homes on the street?
Yes. The home’s living area of 1,486 sqft is below the average for Bill Larkin Lane, where comparable homes average about 1,716 sqft. However, it is very close to the average size for the wider Canterbury Park neighbourhood.
2. What does the "newer construction" ranking actually mean?
Built in 2016, this home is newer than approximately 95% of the homes on its street and about 94% of all homes in Winnipeg. This typically implies modern building standards, newer major systems (like HVAC and plumbing), and potentially lower repair costs in the near term.
3. How does the lot size compare?
The land area of 4,641 sqft is around the average for Canterbury Park. It offers a standard urban yard—not the largest on the street, but certainly not the smallest—providing a good balance of outdoor space and manageable upkeep.
4. The assessed value seems low. Is that accurate?
Please note the assessed value figures shown (e.g., 49.10k) appear to be truncated or displayed in a simplified format. They should be considered in context with the recent sale price of $490,000. Always verify the current and official assessed value through municipal sources.
5. What is the significance of the above-average sale price ranking?
The home sold for $490,000, a price that ranked above average for both Canterbury Park and the city of Winnipeg. This suggests the market has consistently valued this property well, likely due to its newer age, renovated basement, and overall condition.