Property Overview
This two-storey home at 116 Hominick Place in Canterbury Park is a modern, low-maintenance property built in 2024. Its primary appeal lies in being a nearly new construction in an established neighbourhood, offering a balance of contemporary living without the wait or uncertainties of a brand-new development. The home features an attached garage, a full (though unrenovated) basement, and a living area of approximately 1,494 sqft on a standard 4,557 sqft lot.
The property suits first-time buyers or downsizers seeking a modern, move-in-ready home without extensive yard work. Its assessed value and recent sale price are consistently "around average" compared to the street, neighbourhood, and city, indicating stable and predictable market positioning. A thoughtful perspective is that while the home is new, the neighbourhood of Canterbury Park is mature, meaning established parks, roads, and community character are already in place—a contrast to entirely new subdivisions. The unrenovated basement presents a blank canvas for future expansion, adding potential value for a buyer willing to customize over time.
Frequently Asked Questions
Is this a brand-new home?
Not exactly. It was built in 2024, so it is only two years old with modern building standards and systems. However, it has been previously owned and occupied, so it is a nearly new, established home rather than a builder-ready new construction.
How does the lot size compare?
The land area of 4,557 sqft is very close to the average for both Hominick Place and the wider Canterbury Park area. It provides a typical urban yard—manageable for maintenance but still offering private outdoor space.
Why is the assessed value significantly lower than the city-wide average?
The city-wide average assessed value includes all property types across Winnipeg. The assessed value for this home is directly in line with (and slightly above) the averages for Canterbury Park and its immediate street, reflecting its accurate market position within its specific locale.
What does the "Elite" ranking for Year Built mean?
This highlights a key feature: while the home is newer than most on its street, it is exceptionally new compared to the rest of Canterbury Park and the entire city, where the average home is decades older. This is a major advantage for buyers wanting modern infrastructure in an established area.
Is the basement finished?
No, the basement is noted as "not renovated." It is a full, undeveloped space, offering future expansion potential but requiring investment to finish.