100 Hiley Bay

Property Overview: 100 Hiley Bay, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Canterbury Park presents a practical and low-maintenance living option. Built in 2012, it is a notably newer construction compared to most Winnipeg homes, offering modern building standards and systems. The home features an attached garage and a renovated basement, adding valuable finished space. With a living area of just over 1,200 sqft, it is compact and efficient, suited for simpler living.

Its primary appeal lies in its balance. The lot size is generous and very typical for the neighbourhood, providing good outdoor space without being overwhelming. While the home's footprint is modest, the renovated basement effectively expands the usable living area. The assessed value is positioned around the neighbourhood average, suggesting a fair market entry point.

This property would best suit first-time buyers, downsizers, or investors seeking a modern, manageable property in a stable area. It’s for those who prioritize a newer build with updated essentials over expansive square footage, and who appreciate a home that doesn’t require immediate major updates.

Section 2: Frequently Asked Questions

1. How does the home's size compare to others on the street?
The living space is notably more compact than most direct neighbours, ranking in the lower 10% on Hiley Bay for interior square footage. This translates to efficient, easier-to-maintain rooms.

2. What does the "renovated basement" likely include?
While specifics aren't listed, a renovation in a 2012 home often means the basement was finished post-construction to add living, recreational, or utility space. It’s a key feature that adds functionality beyond the main floor's footprint.

3. Is the assessed value a reliable indicator of the sale price?
The last sale was in 2018 for $34.5k, but the current assessed value is $43.7k. Assessments are for tax purposes and can differ from market value. Given the home's modern age and renovated basement, the market may value it closer to or above this assessment compared to older, unrenovated homes.

4. What are the implications of the home being built in 2012?
As a newer build, major components like the roof, windows, furnace, and appliances are likely still within or approaching the middle of their expected lifespans. This can provide significant peace of mind and reduce near-term capital repair budgets.

5. How does the property fit within the wider Canterbury Park neighbourhood?
The data shows it aligns very closely with neighbourhood averages for lot size and value. This indicates it's a typical offering for the area, not an outlier, which can be positive for both resale value and understanding community benchmarks.