Property Overview: 35 George Marshall Way, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its generous, above-average lot size—a standout feature that places it in the top 10% of the neighbourhood. Built in 1990, the house itself offers a practical 1,247 sqft of living space and includes an attached garage and a basement (unrenovated). Its recent assessed value and sale price are consistently strong for its immediate street, indicating solid perceived value in a desirable micro-location.
The primary appeal lies in its land. The 6,780 sqft lot offers significant outdoor space and future potential that is increasingly rare, especially for a single-storey home. This makes it an ideal candidate for buyers who prioritize space for gardens, recreation, or future expansions like a deck, workshop, or addition. It suits first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard size, as well as value-conscious investors or homeowners who see the unrenovated basement as a blank canvas for adding future equity.
A less obvious perspective is its positioning within a stable, established area. The home isn't the newest on the block, but its metrics suggest it consistently performs well against its direct peers, offering a balance of space and value without the premium of a fully modernized property. It’s a home for those who see foundation over finish.
Section 2: Frequently Asked Questions
1. Is the large lot size typical for the area?
No, it's a key advantage. The lot is in the top 4% on its own street and the top 10% within Canterbury Park, meaning it offers more outdoor space than most comparable properties in the immediate neighbourhood.
2. What does "above average" for assessed value on the street mean?
It indicates that this home's official assessed value is higher than the average for similar homes on George Marshall Way (top 11%). This often reflects the desirable lot size and can suggest the property is a strong performer in its specific locale.
3. Who would this home not be suitable for?
It may not suit buyers seeking a move-in-ready, fully updated home, as the basement is noted as unrenovated. It's also a single-storey layout, so those preferring multiple levels might look elsewhere.
4. How does the age of the home (1990) compare?
The build year is around the neighbourhood average. It’s newer than the Winnipeg city-wide average, meaning major components like the roof, windows, and systems are likely from a modern era but may be due for routine updates or maintenance.
5. What is the potential here versus a fully renovated home?
The value proposition is in the land and the structure's solid fundamentals. An unrenovated basement and a home of this age present a clear opportunity to increase the home's value through updates tailored to the new owner's tastes, rather than paying a premium for someone else's renovations.