Property Overview
This one-storey home at 3 George Reshaur Bay in Canterbury Park is a property defined by its balance and practicality. Built in 2007, it sits on a roughly 5,280 sqft lot, offering a renovated basement and an attached garage. The home’s living space is a modest 1,203 sqft, which is notably compact compared to others on its street but aligns closely with average sizes across Winnipeg. Its recent assessed value is competitive within the city.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficient use of space and its position on a desirable lot within a well-established neighbourhood. While the interior living area is smaller, the renovated basement effectively expands the usable space, making it a practical layout for daily living. The lot size is a significant asset—it’s above average for Canterbury Park, providing ample outdoor space relative to many city properties. The 2007 build date means modern construction standards without the premium often attached to brand-new homes.
This property would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout in a mature neighbourhood. It’s also a sensible choice for value-focused buyers who prioritize land size and a functional floor plan over a large interior footprint. The renovated basement adds immediate utility, whether for storage, a recreation room, or a flexible work-from-home space.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is smaller than most direct neighbours on George Reshaur Bay but is very close to the average for both the wider Canterbury Park area and the city of Winnipeg as a whole.
2. What is the significance of the lot size?
At 5,280 sqft, the lot is larger than about 75% of properties in Canterbury Park, which is a notable advantage for outdoor space, gardening, or future expansion compared to many urban lots.
3. Has the property’s value been stable?
The assessed value has increased from a sale price of $30.8k in 2016 to $39.9k in 2019, and now to a $47.5k assessment, suggesting steady growth in line with or slightly above its immediate area.
4. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection or inquiry with the seller is recommended to understand the finishes, permits, and intended use.
5. Is this a good option for someone wanting a move-in ready home?
The modern build year and renovated basement suggest fewer major updates are needed compared to an older home. However, the condition of main-floor systems (roof, HVAC) should be verified given the home’s age.