Property Overview
This single-storey home at 29 William Gibson Bay in Canterbury Park presents a specific and appealing proposition. Its key characteristic is a generous 4,779 sqft lot that ranks in the top 22% for size on its own street, offering above-average outdoor space for the immediate area. The home itself, built in 2002, is newer than most city-wide but has a modest 1,169 sqft of living space. It features an attached garage and a renovated basement, adding functional space.
The appeal lies in the balance between a manageable, modern(ish) home and a sizable lot in an established neighbourhood. It suits a practical buyer—perhaps a downsizer seeking single-level living without sacrificing yard space, or a first-time buyer prioritizing land potential and a renovated basement over a large interior footprint. The assessed value is positioned below average for the street, which could indicate an opportunity for value-conscious buyers willing to invest in updates over time. It’s a property for those who see potential in the land and the basement, not just the current square footage.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes, particularly for the street. The lot is larger than most in the immediate vicinity, offering more private outdoor space than you might typically find in this part of Canterbury Park.
2. The living area seems small. How liveable is the layout?
At 1,169 sqft, the main floor is compact. However, the presence of a renovated basement significantly expands the usable living space, which isn't reflected in the official "Living Area" metric for the main floor alone.
3. How does the 2002 build year compare?
It’s newer than the vast majority of homes across Winnipeg, suggesting modern construction standards. On its own street and in Canterbury Park, it’s around average, meaning it fits right in without being the oldest or the newest.
4. Why is the assessed value below average for the street?
The assessed value is likely influenced by the home's smaller-than-average main floor living area compared to neighbours. This can sometimes represent a value opportunity, as the lot size and basement renovation are solid assets.
5. What type of ongoing maintenance should be anticipated?
As a home now over 20 years old, major components like the roof, windows, and HVAC system are entering a stage where inspection and potential replacement should be budgeted for, even if they are currently functional.