Property Overview & Appeal
This bi-level home at 143 George Marshall Way in Canterbury Park is defined by a compelling contrast: it sits on a larger-than-average lot within a well-established neighbourhood. The 5,223 sqft property lot ranks in the top 11% for its immediate street and the top 27% within Canterbury Park, offering valuable outdoor space. The home itself is a manageable 880 sqft bi-level with a renovated basement and an attached garage, built in 1990. Its most recent sale was in January 2023 for $320k, with a current assessed value of $370k.
The appeal here lies in the land and location rather than the size of the living area. It suits a practical buyer—perhaps a first-time homeowner, a downsizer, or an investor—who values a generous yard for gardening, pets, or future expansion potential over a large interior footprint. The renovated basement adds functional living space, making the home more versatile than the main floor square footage suggests. It’s a property for those who see the lot as a long-term asset and are comfortable with a cozy, efficient interior layout.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The lot is significantly larger than most on the street and in the neighbourhood. This provides more privacy, space for outdoor activities, and potential for additions like a shed or deck that might not be possible on a standard lot.
2. The living area seems small. Is the house cramped?
As a bi-level with a renovated basement, the total usable space is greater than the 880 sqft main living area indicates. The layout likely spreads living spaces across two levels, and the renovation suggests the basement is finished for daily use, effectively doubling the functional square footage.
3. How does the 2023 sale price relate to the current assessed value?
The home sold for $320k in early 2023, and is now assessed at $370k. This increase reflects market adjustments and the assessed value for tax purposes, which isn't always identical to market value. It indicates the property has likely appreciated since its last sale.
4. What does the "around average" ranking for Year Built mean?
Built in 1990, the home is newer than the Winnipeg city-wide average but typical for its specific area. This means it likely incorporates modern building standards for its era while still being part of a mature, settled neighbourhood with developed landscaping.
5. Who would this property not suit?
It may not be ideal for buyers seeking a large, open-concept interior all on one level or for those who prefer a brand-new home. The bi-level design involves stairs, and the living area is compact, so it best fits those who prioritize lot size and neighbourhood over expansive interior square footage.