Property Overview
56 Cantafio Cove is a modern two-storey home in Winnipeg's Canterbury Park neighbourhood. Built in 2024, it offers a move-in-ready, low-maintenance start in a newer community. The home features an attached garage and a basement (unrenovated), situated on a 5,359 sqft lot.
Its primary appeal lies in its balance of new construction benefits within a broader, established urban context. While the living space (1,602 sqft) is modest compared to its immediate street, it is notably above average for both the neighbourhood and the city overall. This presents a practical, efficient layout without the upkeep of an older home. The property’s assessed and recent sale values position it as a premium option on its street but a competitively priced, modern home when viewed against wider Canterbury Park and city benchmarks.
This home would suit first-time buyers or downsizers seeking a modern build with minimal immediate work, and who value being part of a newer subdivision development. It’s also a sensible fit for those who prioritize newer infrastructure and warranties over a larger footprint, and who are comfortable with the value dynamics of a home that stands out as newer and more compact on its specific block.
Frequently Asked Questions
Is this a good value for the street?
The data shows its sale price is below the street average. For a buyer, this means acquiring one of the newest homes on the cove at a lower entry point, though with less living space than neighbours.
How does it compare to the wider neighbourhood?
It excels in comparison. Its year built is in the top 1% for Canterbury Park, and its living area is above the neighbourhood average, offering a newer and relatively spacious option in that context.
What should I know about the lot size?
The land area is the smallest among the 13 properties on Cantafio Cove. This means smaller outdoor maintenance but also less private space than direct neighbours, a trade-off for the newer home.
The basement is noted as "not renovated." What does that imply?
It indicates the basement is unfinished. This provides a blank canvas for future expansion or storage but requires additional investment to become livable space.
Why is the assessed value so different from the city-wide average?
The city-wide average includes homes of all ages and sizes. This property’s assessed value is above average city-wide because it is significantly newer (top 1%) than the typical Winnipeg home, which skews older.