Property Overview: 20 Peter Sosiak Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Canterbury Park home, built in 2005, presents a practical and modern living option. Its key features include a renovated basement and an attached garage. The appeal lies in its balance of contemporary build quality and established neighbourhood living. While the living space (1,483 sqft) is functional and typical for the area, the property stands out for its newer construction relative to much of Winnipeg, placing it in the top 15% citywide for year built. This suggests a home likely requiring fewer immediate major updates. The lot size is generous for the neighbourhood, and the above-average assessed value for both Canterbury Park and Winnipeg indicates a solid, recognized investment.
This home would suit buyers seeking a move-in ready property from this century, without the premium of a brand-new build. It’s ideal for small families or professionals who value a modern foundation, the utility of a finished basement, and the convenience of an attached garage in a mature community. A thoughtful perspective: its "above-average" status in key metrics isn’t driven by being the largest or most luxurious on the block, but by its consistent, reliable positioning—a steady choice in a desirable area.
Section 2: Frequently Asked Questions
1. How does the 2005 build year benefit me practically?
Homes from this era typically feature modern wiring, plumbing, and insulation standards, which can translate to better energy efficiency and fewer unforeseen repair issues compared to much older Winnipeg housing stock.
2. The living area is noted as "around average." Is the space adequate?
At just under 1,500 sqft, the living area is very typical for the neighbourhood and suits a small to medium-sized household comfortably. The renovated basement effectively adds usable space beyond the main square footage.
3. What does the "above average" assessed value indicate?
It reflects that the property’s official valuation is higher than many homes in the wider city and neighbourhood. This generally points to good perceived value and desirability, but it’s important to compare this with recent sale prices and current market conditions.
4. The home sold recently in August 2023. What should I consider?
The recent sale provides a clear, modern benchmark for its market value. It suggests a motivated seller at that time and offers a solid data point for comparison, but market conditions may have shifted since.
5. How does this home compare to others on the same street?
The data shows it ranks very well for its newer build year on the street (top 4%) and sold for an above-average price for the street (top 15%). This indicates it is considered one of the more updated and valuable properties on Peter Sosiak Bay itself.