Property Overview: 51 George Marshall Way, Canterbury Park
Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park is defined by its generous lot size and recent basement renovation. Built in 1991, the property sits on a 4,788 sqft lot, which is notably above average for its immediate street and neighbourhood. With 1,198 sqft of living space, the home offers more room than many comparable houses on the same block. A key feature is the renovated basement, adding modernized living space, and the convenience of an attached garage.
The primary appeal lies in its strong positioning within a mature, established community. The lot size offers valuable outdoor space and potential in a neighbourhood where such parcels are less common. The home’s assessed value ranks in the top tier for its street, suggesting it is viewed as a premium property in its micro-area. This combination suits buyers looking for a solid, single-level layout in a quiet area, with the heavy lifting of a basement renovation already complete. It would particularly appeal to downsizers or first-time buyers seeking move-in readiness with a low-maintenance exterior, or to those who prioritize a larger yard in a convenient location.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 4,788 sqft lot is in the top 17% for size on George Marshall Way itself, making it larger than most direct neighbours. It is also above the average for the wider Canterbury Park area.
2. The home was last sold in 2016. What does the price history indicate?
It sold for $32,400 in May 2016. The current assessed value is $43,700. This increase reflects market changes and likely the value added by the basement renovation.
3. What does the "Elite" ranking for assessed value on the street mean?
It means this home’s assessed value is in the top 4% of 132 comparable properties on George Marshall Way. This typically indicates the municipal assessment views it as one of the most valuable homes on the block, often due to improvements, lot size, or condition.
4. Is the living space typical for the area?
At 1,198 sqft, it is above average for its specific street but close to the average for the broader city. This suggests the home feels spacious compared to its immediate neighbours but is a standard size overall.
5. What are the less obvious considerations for this property?
Built in 1991, the home is newer than the Winnipeg city average but is now 35 years old. Buyers should factor in updates to major aging components like the roof, windows, or HVAC. Additionally, while the lot is large for the street, the living area is modest, so the balance is tilted toward outdoor space over indoor square footage.