Property Overview
This two-storey home at 11 Ed Golding Bay in Winnipeg's Canterbury Park neighbourhood presents a practical opportunity. Built in 2012, it is a relatively newer home in a city-wide context, offering modern construction without the premium of a brand-new build. With 1,856 sqft of living space and an attached garage, the home provides comfortable, low-maintenance family living. Its appeal lies in its balance: it's a newer, above-average-sized home for the area, situated on a standard-sized lot. The unrenovated basement presents a blank canvas for future expansion. This property would suit first-time buyers or young families looking for a move-in-ready home in a stable neighbourhood, who may also value the potential to add value through a basement finish down the line. A thoughtful perspective is that while the home ranks as "around average" on its own street for several metrics, it stands out as "above average" when compared to the broader Canterbury Park area and the entire city, suggesting it offers more value within its immediate market context.
Key Details & FAQs
- Key Characteristics: Two-storey, built in 2012. 1,856 sqft living area, 5,043 sqft lot. Attached garage. Basement exists but is not renovated. No pool.
- Recent History: Last sold in March 2020 for $436,000. Previously sold in January 2019 for $420,000.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this home is a strong performer for its size and age within the broader Canterbury Park neighbourhood and city-wide. It has above-average living space compared to local and city peers. On its own street, it ranks as more average, indicating a street of consistently newer, well-sized homes.
2. Is the assessed value the same as the market value?
No. The current assessed value is $487,000 for tax purposes. Market value is determined by current buyer demand. The home last sold for $436,000 in 2020, so recent market conditions will significantly influence its present listing price.
3. What does "basement, not renovated" mean?
It indicates the basement is unfinished or in its original builder state. It has the essential structure (foundation, ceiling, likely rough-in for utilities) but requires investment to create livable space. This can be a positive for buyers wanting to customize the layout to their needs.
4. What type of neighbourhood is Canterbury Park?
The provided data suggests a mature, established area. The fact that a 2012-built home ranks as "above average" for year-built city-wide implies many Winnipeg homes are older, positioning Canterbury Park as a neighbourhood with a mix of vintage and newer infill properties.
5. Are sale prices on this street consistent?
The recent sales history on Ed Golding Bay shows variation. The two most recent sales for this specific property ($420k in 2019, $436k in 2020) show modest appreciation. The presence of other nearby sales provides comparables, but each property's condition, updates, and exact lot specifics will cause prices to differ.