Property Overview: 237 Ravenhurst Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2017, is a notably modern property within its established Canterbury Park setting. Its primary appeal lies in its combination of new construction benefits and a generous, above-average lot size. With a renovated basement and a detached garage, it offers practical, move-in-ready space.
The home’s standout feature is its land. The lot is over 4,400 sqft, placing it in the top 15% for size on Ravenhurst Street, offering more outdoor space than most immediate neighbors. For buyers, this means greater potential for gardening, play, or expansion than is typical for the area. Being only nine years old, it also promises contemporary building standards and likely lower immediate maintenance costs compared to the area's older average.
This property would best suit buyers seeking a modern home without sacrificing yard space—a combination that can be hard to find. It’s ideal for a young family looking for a lasting home with room to grow, or for professionals who want a low-maintenance structure but value private outdoor space. Its above-average assessed value for the street suggests it is perceived as a premium offering in its micro-location.
Section 2: Frequently Asked Questions
1. How does the 2017 build date affect ownership costs?
A newer home like this typically means more modern insulation, windows, and major systems (like HVAC), which can lead to lower utility bills and fewer major repairs in the near term compared to the area's older housing stock.
2. The last sale was in 2017 for $33.7k. What does that mean?
That was the original purchase price when the home was newly built. The current assessed value of $45.6k reflects its increased market value after nearly a decade, accounting for the established neighborhood, improvements, and market changes.
3. Is the living space small for a two-storey home?
At 1,428 sqft, the living area is average for Canterbury Park and the city. The layout and flow of a newer build can often make efficient use of space. The significant lot size and renovated basement effectively expand the usable property footprint beyond the main floor square footage.
4. What are the implications of a "Top 15%" lot size on the street?
It means you have one of the larger yards on Ravenhurst Street. This not only provides more privacy and room but can also contribute to long-term value, as lot size is a fixed feature that often appreciates in established neighborhoods.
5. The detached garage is noted. Is that a pro or a con?
This depends on preference. A detached garage offers flexibility—it could be used as a workshop or studio without noise or fumes entering the house. However, it is less convenient for accessing your vehicle in harsh Winnipeg winters compared to an attached garage.