Property Overview: 108 Peter Sosiak Bay, Canterbury Park
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2005, sits on a generous 6,215 sqft lot in Canterbury Park. Its primary appeal lies in offering above-average space and a modern build year within a well-established neighbourhood. The home features 1,868 sqft of living space, an attached garage, and a renovated basement.
The property stands out for its land size, which is in the top 13% for its immediate street and area, providing ample outdoor space relative to many nearby homes. Built in 2005, it is newer than most homes in Winnipeg, potentially meaning fewer major maintenance concerns in the near term. The renovated basement adds functional living space.
This home would suit buyers looking for a move-in ready property with room to grow, who value a larger lot for gardening, play, or future expansion. It’s ideal for those seeking a modern home in a mature neighbourhood without the premium often attached to brand-new constructions. The combination of space, age, and updates offers a balanced proposition for growing families or professionals wanting room to breathe.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
The lot is significantly larger than the area average (top 13%), meaning more private outdoor space than many neighbouring properties. This is a notable advantage in a mature suburb.
2. The assessed value is $500k, but it sold for $424k in 2020. Why the difference?
The 2020 sale price reflects the market conditions at that time. The current assessed value is an estimate for taxation purposes and is typically adjusted by the city to reflect broader market trends and property characteristics. It is a starting point for discussion, not a direct market price.
3. What does "above average" for the living area mean here?
With 1,868 sqft, the home has more interior space than about 85% of comparable homes in Canterbury Park. It offers the roominess of a newer build without being overly massive.
4. Is the 2005 build year a significant advantage?
Yes. Being newer than roughly 85% of homes city-wide suggests modern construction standards, likely more efficient insulation and wiring, and that major components like the roof and furnace have more life left than in older homes.
5. What is the neighbourhood context of Canterbury Park?
Canterbury Park is an established area with a mix of home ages. This property, with its 2005 build date, is among the newer homes on the street and in the wider area, offering contemporary living in a settled community.