Property Overview: 42 Foxborough Road, Canterbury Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1981, presents a practical and well-situated opportunity in the Canterbury Park neighbourhood. Its key features include an attached garage and a renovated basement, adding functional living space to the 1,158 sqft main floor plan. The lot size of 4,998 sqft is notably larger than many in the immediate area, offering above-average outdoor space for the street, which is a distinct advantage for gardening, play, or expansion.
The appeal here is grounded in value and potential. The home’s metrics—from living area to assessed value—consistently rank in the middle tiers when compared to the neighbourhood and city, indicating a property that is neither over-improved nor lagging behind. This positions it as a sensible entry point into a stable area. It would suit first-time buyers seeking a move-in-ready home with a renovated basement, or value-conscious investors looking for a property with a solid foundational lot size and no major dated elements. A thoughtful perspective is that while the home itself is average for the city, its land parcel on Foxborough Road is comparatively generous, suggesting the underlying property value may be driven more by location and lot than by the structure itself.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 4,998 sqft lot is larger than many on Foxborough Road itself, ranking in the top 79% on the street. It is closer to the average when compared to the wider Canterbury Park area.
2. Is the home older or newer than others in Canterbury Park?
Built in 1981, this home is slightly older than the average for the Canterbury Park neighbourhood, where many comparable homes were built closer to 1997.
3. What was the previous sale history?
The home was last sold in June 2016 for $269,000.
4. How does the assessed value relate to the last sale price?
The current assessed value is $361,000, which is significantly higher than the 2016 sale price, reflecting market changes over the intervening years.
5. Are the property rankings based on the whole city?
Yes, the provided rankings compare the home across three levels: its immediate street (Foxborough Road), the Canterbury Park neighbourhood, and the entire city of Winnipeg, giving context at each scale.