87 Peter Sosiak Bay

Property Overview: 87 Peter Sosiak Bay, Canterbury Park

Key Characteristics & Buyer Profile

This well-situated one-storey home in Canterbury Park is defined by its modern foundation and practical layout. Built in 2005, it is a notably newer construction compared to most Winnipeg homes, offering contemporary building standards and likely lower immediate maintenance needs. The home features a renovated basement and an attached garage, with a living space of approximately 1,434 sq ft situated on a 4,394 sq ft lot.

Its appeal lies in its balance and efficiency. While the living area is modest for its immediate street, it is squarely average or better when compared to the wider neighbourhood and city, suggesting a smart use of space without excess. The lot size follows a similar pattern, offering a manageable yard. The recent sale price aligns closely with the assessed value, indicating a stable and transparent market valuation.

This property would suit pragmatic buyers such as downsizers seeking a modern, single-level layout with a renovated basement for family or hobby space, or first-time homeowners who value a newer build in an established area. It’s for those who prioritize a move-in-ready condition and sensible scale over sheer size, preferring to avoid the upkeep often associated with older or disproportionately large properties.

Frequently Asked Questions

1. How does the home’s age compare to others in the area?
Built in 2005, this home is among the newest on its street (ranking in the top 4%) and is significantly newer than the average Winnipeg home, which dates to 1966. This is a key advantage for maintenance and systems.

2. Is the living space small for the neighbourhood?
The living area is below average for Peter Sosiak Bay itself but is actually typical when compared to all of Canterbury Park and the city. It represents an efficient floor plan rather than an unusually small home.

3. What does the lot size ranking mean for outdoor space?
The lot is below average for the street but around average for Canterbury Park. It provides a manageable yard space that requires less upkeep than larger lots, which can be a benefit for many.

4. Does the recent sale price suggest good value?
The home sold very close to its assessed value, which typically indicates a fair market price without significant overpayment or a distress sale, providing confidence in the purchase.

5. Who might this home not be suited for?
Buyers seeking a very large primary living area or a sprawling lot on this specific street may find it limiting. It’s best suited for those who value modern construction and efficient design over maximum square footage.