Property Overview
This two-storey home on George Marshall Way in Canterbury Park is a compelling offering for buyers seeking a well-established property with specific, above-average advantages. Its appeal lies in a combination of generous space, recent updates, and strong value metrics within its immediate area.
Key Characteristics & Ideal Buyer
The home sits on a large, approximately 5,926 sqft lot, which is notably above average for both the street and the wider Canterbury Park neighbourhood. The 1,445 sqft living area is also spacious compared to nearby homes. Key features include a renovated basement, a detached garage, and a private pool. Built in 1990, the home is of a vintage where major components are potentially due for review, but it benefits from modernized living spaces.
Its standout characteristic is its evident value within the local context. The home's assessed value ranks in the top 2% on its own street, indicating it is considered a premium property among its closest peers. This was reflected in its 2023 sale price, which was among the highest on the street. The combination of a renovated basement, a pool, and ample outdoor space suggests a property geared for private family living and entertainment.
This home would best suit a buyer who prioritizes lot size and indoor living space over a brand-new build. It’s ideal for a family or someone who values having room to grow, entertain, and enjoys the maintenance and seasonal benefits of a pool. The buyer should be comfortable with a home from the 1990s, appreciating its established character and renovations while being prepared for the ongoing upkeep typical of a property this age.
Frequently Asked Questions
How does the lot size compare to a typical city lot?
While the lot is significantly larger than most in Canterbury Park, it is slightly smaller than the current city-wide average for homes. The true advantage is the premium outdoor space it offers within this specific, popular neighbourhood.
The home sold for significantly more in 2023 than in 2017. What does this indicate?
The sharp increase suggests substantial improvements were made between sales, likely including the basement renovation. It also reflects strong demand and rising values for the best-positioned properties on this street.
What might "above average" assessed value on the street mean for me?
A high assessment relative to neighbours often correlates with a higher sale price, as seen here. For a new owner, it generally indicates a strong baseline for future value, but it can also mean a proportionally higher property tax bill.
Is a 1990-built home considered old?
In Winnipeg's context, a 1990 build is newer than the city-wide average. While not a new construction, major systems like the roof, windows, and furnace are likely newer or have been updated, but a thorough inspection is always recommended to understand their remaining lifespan.
Who might the detached garage be most important for?
Beyond vehicle storage, a detached garage is a major asset for hobbyists, woodworkers, or anyone needing a dedicated workshop space separate from the house. It also offers flexible potential for a future home office or studio.