Property Overview
31 Zoe Lane is a well-situated, single-storey home in Canterbury Park, built in 2010. Its key appeal lies in its modern age, generous lot size, and a renovated basement, offering a move-in-ready foundation. The home sits on a 5,900 sqft lot, which is notably larger than most in its immediate area and neighbourhood, providing excellent outdoor space potential. While the living area (1,205 sqft) is more compact, the renovated basement adds functional space. The property’s assessed value is strong citywide, suggesting good long-term value, yet it remains priced below many immediate street comparables, indicating a potential value opportunity in a desirable locale.
This home would suit first-time buyers or downsizers seeking a low-maintenance, one-storey layout in a mature, established neighbourhood. It’s also a pragmatic choice for value-focused buyers who prioritize land size and a newer build over sheer interior square footage, and who see the finished basement as a key bonus for flexibility.
Frequently Asked Questions
1. How does the lot size compare to others?
The 5,900 sqft lot is a standout feature, placing in the top 7% on its own street and the top 16% in Canterbury Park. It offers significantly more yard space than the neighbourhood average.
2. The living area seems smaller. How is the space distributed?
At 1,205 sqft, the above-ground living area is efficient. The key to the home’s functionality is the renovated basement, which adds substantial finished space not fully reflected in that main floor figure.
3. Is the 2010 build date an advantage?
Yes. Built in 2010, the home is newer than most in Winnipeg (top 11% citywide) and on par with the newest on its street. This typically means fewer immediate major repairs and modern building standards.
4. What does the assessed value tell us?
Its assessed value is above average for Winnipeg but slightly below average for Zoe Lane. This can signal a well-valued property in a sought-after micro-location, where similar homes often command higher prices.
5. Who might this property not suit?
Buyers needing extensive above-ground bedroom space or large, open-concept main-floor living may find the layout compact. It’s best appreciated by those who value the land, modern construction, and are willing to utilize the basement to gain full living space.