115 Peter Sosiak Bay

Property Overview: 115 Peter Sosiak Bay, Winnipeg

Key Characteristics & Buyer Profile

This home is a well-positioned property in Canterbury Park, built in 2005. Its key features include a renovated basement and an attached garage. The data reveals a balanced profile: its living space (1,482 sqft) is comfortably above the city average, while the lot size (4,688 sqft) is typical for the immediate area. The home’s assessed value sits in the top 20-27% of both the neighbourhood and the city, indicating a perception of above-average worth relative to its peers.

The appeal lies in its modern build year—it’s newer than 85% of Winnipeg homes and is one of the newest on its own street—paired with move-in readiness due to the renovated basement. It suits practical buyers looking for a home that requires little immediate work, and those who value a property with solid fundamentals that performs well on municipal assessments. A thoughtful perspective is that while not the largest on the block, it offers a efficient, contemporary footprint on a standard lot, potentially representing a "sweet spot" of lower maintenance without sacrificing modern amenities.

Frequently Asked Questions

1. How does the lot size compare?
The land area is just under 4,700 sqft, which is very close to the average for both Canterbury Park and the wider city. It’s a standard residential lot for the area.

2. Is this a newer home?
Yes. Built in 2005, it is significantly newer than the typical Winnipeg home and is among the newest properties on Peter Sosiak Bay itself.

3. What does the "above average" assessed value mean?
The assessed value of $50,100 places this property in the top 20-30% of comparable homes in the neighbourhood and city. This suggests the city assesses its value higher than most, which can reflect factors like condition, improvements, and location.

4. Was the basement finished originally?
No, the basement has been renovated, indicating an upgrade from the original build. The specifics and quality of this renovation should be verified during a viewing.

5. How does the living space feel for its size?
At 1,482 sqft, the living area is larger than approximately two-thirds of city homes. It is slightly smaller than the direct street average but notably larger than the typical Canterbury Park home, suggesting a efficient and potentially roomier layout than many in the neighbourhood.