Property Overview
This single-storey home at 103 Peter Sosiak Bay in Canterbury Park presents a practical and low-maintenance living option. Its key appeal lies in a desirable combination of a newer build year, a fully renovated basement, and an attached garage, all situated on a standard residential lot. Built in 2005, the home is notably newer than most in Winnipeg, offering modern construction fundamentals. While the living space is compact at 1,204 sq ft, the renovated basement provides valuable additional room. The attached garage and a land area just under 4,400 sq ft round out the classic Winnipeg family-home footprint.
This property would suit first-time buyers seeking a move-in-ready home with modern systems, or downsizers looking for single-level living without the upkeep of an older property. Its average rankings in the neighbourhood for lot size and living area suggest it fits comfortably within the community context, without standing out as overly large or small. A thoughtful perspective is that the home’s below-average assessed value for its immediate street could indicate a potential value opportunity in a well-established area, assuming the interior condition aligns with the renovated basement.
Frequently Asked Questions
Q: How does the age of this home compare to others in the area?
A: Built in 2005, this home is significantly newer than the Winnipeg city-wide average. On its own street, it ranks in the top 4%, making it one of the newest homes in the immediate vicinity.
Q: Is the living space smaller than other homes nearby?
A: The living area is below the average for Peter Sosiak Bay itself, but is very close to the average size for both the wider Canterbury Park neighbourhood and the city of Winnipeg as a whole.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and functionality of the space.
Q: How is the property's value assessed relative to its last sale?
A: The home last sold in May 2017 for $33,500. Its current assessed value is $45,100. It's important to discuss current market conditions with a real estate professional, as assessed value is for taxation and may differ from market value.
Q: Are the property taxes likely to be high?
A: The assessed value is above average city-wide but around average for Canterbury Park. This suggests property taxes should be generally in line with similar homes in the neighbourhood, but the exact tax amount should be verified.