Property Overview: 201 Ravenhurst Street, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2017, is a notably modern property within its established Canterbury Park neighbourhood. Its primary appeal lies in its relative newness, offering contemporary construction and systems that stand out against the area's older housing stock. The home features a renovated basement, a detached garage, and a well-proportioned 1,607 sqft of living space that ranks above average for both the street and the wider community.
The property’s strength is its balanced positioning. While the lot size is a standard city lot for the area, the home itself is newer and larger than many nearby comparables. This creates a practical, low-maintenance package: you get the space and modern efficiencies of a newer build within a mature, convenient neighbourhood. It would suit first-time buyers or young families looking for a move-in-ready home without the premium of a brand-new subdivision, or downsizers seeking single-floor living potential with a finished basement for guests or hobbies. A thoughtful perspective is that this home offers a "best of both worlds" scenario—avoiding the potential issues of an aging home while still providing the character and established greenery of an older community.
Frequently Asked Questions
1. How does the 2017 build date impact this home?
As one of the newest homes on the street (ranking in the top 2%), it benefits from modern building codes, materials, and energy efficiency. This typically translates to lower immediate maintenance costs and newer mechanical systems (like furnace and water heater) compared to the neighbourhood average.
2. Is the living space adequate for a family?
With 1,607 sqft spread over two floors plus a renovated basement, the space is functional and above average for the immediate area. It provides clear definition between living and sleeping areas, making it suitable for a small to medium-sized family.
3. What does the "around average" lot size mean for me?
The 4,123 sqft lot is very typical for Canterbury Park. It provides a manageable yard for gardening or recreation without the extensive upkeep of a larger property, which is a practical advantage for busy homeowners.
4. Why is there a difference between the last sale price and the current assessed value?
The home sold in 2019 for $347,000. The current assessed value of $469,000 reflects market changes and provincial assessment formulas over a five-year period. It is a starting point for municipal taxes, not a direct indicator of current market price.
5. What are the pros and cons of a detached garage?
A detached garage provides excellent storage and workshop potential without impacting indoor air quality from vehicles or fumes. The trade-off is the inconvenience of accessing your vehicle in inclement weather compared to an attached garage.