Property Overview: 72 George Marshall Way, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in Canterbury Park, built in 1989. Its key features include a renovated basement and a detached garage. The property presents a practical, grounded opportunity in the market.
Its primary appeal lies in its balance and context. While the 957 sqft living area is modest compared to broader city averages, it is quite typical for its immediate street, making it a comfortable fit in the neighbourhood. The lot size of 3,741 sqft is also above average for the street, offering decent outdoor space. The renovated basement adds valuable finished living area. From an investment perspective, its assessed and recent sale values are consistently "around average" at every comparison level—street, neighbourhood, and city-wide—suggesting a stable, fairly priced asset without extreme volatility.
This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established neighbourhood. It’s also a sensible match for value-oriented buyers who prioritize a renovated basement and a decent lot over a large main-floor footprint, and who appreciate a property that aligns closely with its immediate surroundings rather than standing out.
Frequently Asked Questions
1. Is the living space too small?
While below the city average, the living area is actually around average for George Marshall Way itself. The renovated basement significantly expands the usable space, making the overall footprint more practical than the main-floor square footage alone suggests.
2. How does the 1989 build year affect the home?
Built in 1989, the home is newer than most in Winnipeg but is one of the older homes on its specific street. Buyers should expect updates common for a house of this age, but may benefit from construction standards more modern than many city-wide comparables.
3. What does the "around average" value mean for resale?
The consistent "around average" valuation across street, neighbourhood, and city metrics indicates stability. It suggests the home is unlikely to dramatically over- or under-perform the market, which can be appealing for risk-averse buyers.
4. Who might this property not suit?
It may not fit buyers seeking a large, open-concept main floor or a brand-new build. The lot, while good for the street, is below neighbourhood and city averages, so those prioritizing extensive outdoor space might look elsewhere.
5. What’s the significance of the lot size ranking?
The land area ranks in the top 61% on its street, meaning the lot is larger than many direct neighbours. This offers a relative advantage in its immediate context, providing more private outdoor space than other homes on the block.