Property Overview & Key Characteristics
This 1,312 sqft property at 4-242 Ravenhurst Street is a notably modern home within its Canterbury Park neighbourhood. Built in 2019, it stands out for its new construction, ranking in the top 7% for age on its street and the top 2% within the wider area, where most comparable homes average from the 1980s and 90s. Its living space is well above average for both the neighbourhood and the city, offering more room than most local options. The assessed value is consistent with its immediate street but is above average for Canterbury Park and Winnipeg overall, reflecting its newer build and larger size. The home includes a basement, though it is noted as not renovated, and does not feature a private garage or pool.
Its primary appeal lies in acquiring a relatively new, low-maintenance home in an established neighbourhood without the premium often attached to a detached house. It suits first-time buyers seeking modern comforts, downsizers looking for a manageable yet spacious layout, or investors attracted by a newer asset in a stable area. A thoughtful perspective is that this property offers a "best of both worlds" scenario: the modern efficiencies and systems of a 2019 build within the mature streetscape and community of Canterbury Park, potentially bypassing the major update costs common with older area homes.
Frequently Asked Questions
1. What does "basement, not renovated" imply?
It confirms the home has a basement, but it is in its original, unfinished state as built in 2019. It offers potential for future development but requires investment to become finished living space.
2. How significant is the lack of a private garage?
This is a key consideration for buyers who require sheltered parking or extensive storage. The property may rely on street parking or a shared lot, which is common for many homes in this style and area.
3. The assessed value seems low; is this a condo or freehold property?
The provided data does not specify the building type. The assessed value is typical for certain property types like condominium townhomes. Verification of the exact title and ownership structure (condo fees, bylaws, etc.) is an essential next step.
4. How does the 2021 sale price of $30,800 relate to the current assessed value of $35,600?
The sale from three years ago provides a historical benchmark. The higher current assessed value suggests market appreciation and the city's valuation for tax purposes, but the actual list or sale price would be determined by current market conditions.
5. The rankings show it's "Elite" for year built in the area. What does that mean practically?
Practically, it means major components like the roof, windows, furnace, and appliances are significantly newer than those in most surrounding homes. This typically translates to greater energy efficiency, fewer immediate repairs, and modern building codes and materials.