Property Overview & Key Characteristics
This well-situated home at 168 Edmund Gale Drive in Canterbury Park presents a balanced offering for buyers seeking a modern, low-maintenance property. Its primary appeal lies in its generous, above-average lot size within the immediate area—nearly 6,000 sqft places it in the top 8% of the street—paired with a recently renovated basement, adding valuable finished living space. Built in 2008, the home is relatively modern compared to the Winnipeg city-wide average, potentially reducing concerns over major system replacements. With an attached garage and a living area just over 1,500 sqft, it fits the profile of a comfortable, practical family home.
The property would suit first-time buyers or young families looking for a move-in-ready home in a established neighbourhood, where the lot size offers room for outdoor activities or future landscaping projects. It also appeals to value-conscious buyers who appreciate that the assessed value ranks consistently above average across the street, neighbourhood, and city, suggesting a solid investment in a stable area. A less obvious perspective is that the home’s “around average” living area for its street, combined with the renovated basement, offers efficient use of space without the higher utility and tax burdens that can come with a much larger footprint.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,989 sqft lot is a standout feature, ranking in the top 8% on Edmund Gale Drive and the top 15% in the wider Canterbury Park neighbourhood, offering more outdoor space than most comparable properties.
2. Is the basement development a legal suite?
The listing specifies a renovated basement, but does not indicate it is a legal secondary suite. Buyers should verify the permits and compliance with local regulations if considering rental income potential.
3. What is the significance of the assessed value ranking?
The assessed value of $50,600k ranks above average locally and city-wide. This typically reflects the municipality’s view of the property’s worth relative to others, which can be a positive indicator for resale value and equity.
4. The home was built in 2008. Are there any known concerns for homes of this age?
Homes from this era are generally modern but may be approaching the age where original components like the roof, HVAC system, or major appliances could require inspection or planned replacement, which is a consideration for maintenance budgeting.
5. How does this home fit within the Canterbury Park neighbourhood?
The property is typical for the area in terms of living space and age, but offers a larger-than-average lot. This suggests you’re getting the established neighbourhood feel with the added benefit of more private outdoor space.