Property Overview
This 2015-built, one-storey home at 4 Bill Larkin Lane in Canterbury Park offers a practical, low-maintenance living option. Its key appeal lies in its modern age, efficient layout, and above-average lot size for the immediate area. The home sits on a 5,187 sqft lot, which is notably larger than many of its direct neighbours, offering good outdoor space potential. With 1,332 sqft of living space, an attached garage, and an unrenovated basement, it presents a clean canvas. The assessed value positions it as a solid, mid-range property city-wide, but it appears more affordable relative to other homes on its own street.
This property would suit first-time buyers or downsizers looking for a modern home in a stable neighbourhood without a premium price tag for the street. It’s also a fit for buyers who value a larger yard and see potential in a basement that awaits their personal touch. A thoughtful perspective is that while the living area is compact, the generous lot and newer build date offer a balance of indoor efficiency and outdoor possibility, which can be a rare find in this price segment.
Frequently Asked Questions
Is this a good value for the street?
The data suggests it is. While the home’s living space and assessed value are below the average for Bill Larkin Lane, its lot size is in the top 14% on the street. This indicates you may be acquiring a more desirable parcel of land at a relative value compared to neighbouring houses.
What does "above average" for year built in Canterbury Park mean?
Canterbury Park has a wide range of home ages. Being built in 2015 places this home in the top 11% for newness in the neighbourhood, meaning it is among the newest properties available and likely requires less immediate investment in major systems like roofing or HVAC.
How does the unrenovated basement affect value?
It presents both a consideration and an opportunity. While it doesn’t add finished living space to the current price, it allows a new owner to customize the space to their needs without paying a premium for someone else’s renovations, and without the need to undo outdated finishes.
Is the living space too small?
At 1,332 sqft, it is below average for its immediate street but very close to the average for both Canterbury Park and Winnipeg overall. It represents a efficient, modern floor plan suitable for individuals, couples, or small families who prioritize low maintenance and a larger yard over expansive indoor square footage.
What is the significance of the lot size ranking?
The lot is in the top 14% on its street and top 29% in the neighbourhood for land area. This is a standout feature, suggesting more privacy, room for gardening, play, or expansion than is typical for homes in this category, and it is a feature that cannot be easily added to an existing property.