Property Overview: 5 Gendron Way, Canterbury Park, Winnipeg
Key Characteristics & Buyer Appeal
This two-storey home, built in 2024, is a modern property in Winnipeg's Canterbury Park neighbourhood. Its primary appeal lies in its new construction status, offering move-in readiness and contemporary building standards without the wait for a build. The home sits on a 4,185 sqft lot, which is notably spacious for its street and area, providing good outdoor potential.
The living space of 1,546 sqft is efficient and above the city-wide average, though it is more compact compared to other newer homes on the same street. This creates a practical, lower-maintenance footprint. The property includes an attached garage and an unrenovated basement, presenting a clean canvas for future expansion or customization.
It would best suit first-time buyers or downsizers seeking a modern, low-maintenance home in a developing area, who value a larger lot and are comfortable with a functional floor plan over expansive square footage. A thoughtful perspective for buyers is the financial advantage: its assessed value is currently below the street average, which, combined with its new condition, could represent a strategic entry point into a street of newer homes, with potential for value alignment as the area matures.
Frequently Asked Questions
1. Is this a brand-new home?
Yes, it was built in 2024 and sold for the first time in June of that year, meaning it is essentially a new build with minimal prior occupancy.
2. How does the lot size compare to neighbours?
The land area is a key feature. At 4,185 sqft, it is larger than the average lot on Gendron Way and in the broader Canterbury Park area, offering more yard space than many comparable properties.
3. The living area seems smaller than some neighbours. How is the layout?
The home's living area is efficient. While it is smaller than other newer homes on its street, it is still above the average for Winnipeg overall. The two-storey design typically offers good separation of living and sleeping areas.
4. What is the condition of the basement?
The basement is noted as "not renovated." It is a finished space but in a basic state, offering functional utility room space and presenting an opportunity for future customization to suit a buyer's needs.
5. How does the property's value compare?
Its assessed value is below the current average for Gendron Way, which is unusual for one of the newest homes. This may reflect its more efficient living space and provides a discussion point for value relative to its condition, lot size, and newer construction.