Property Overview & Key Characteristics
This two-storey home at 52 Hiley Bay in Canterbury Park is defined by its generous proportions and modern age. Built in 2013, it is a newer construction compared to most Winnipeg homes. Its primary appeal lies in its spaciousness: with 2,333 sqft of living area, it ranks in the top 1-2% of homes in its immediate neighbourhood and street, offering significantly more interior room than local averages. The lot size of 5,852 sqft is also notably larger than most in Canterbury Park, providing ample outdoor space.
The home suits buyers looking for a move-in ready, modern property without the need for immediate major updates. It’s ideal for those who prioritize interior square footage and a sizable yard in a mature neighbourhood. The attached garage and existing (though unrenovated) basement add functional space with potential for future customization. A thoughtful perspective is that while the assessed value is above average for the area, the 2016 sale price was relatively modest, suggesting the possibility of solid equity growth for a buyer in a home that already stands out in its local market for size and age.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
This home is exceptionally spacious for Canterbury Park. Its living area is in the top 1% of the neighbourhood and top 2% on its own street, meaning it offers hundreds more square feet than typical comparable homes in the immediate area.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is unfinished. This presents a blank canvas for future development to add even more living space, subject to permits and budget.
3. What does the "Elite" or "Top %" ranking mean?
These rankings compare this specific property against groups of similar homes. For example, an "Elite" ranking for living area means it is larger than over 96% of comparable homes in that group, providing a data-driven snapshot of how it stands out.
4. The home sold in 2016 for $44,700, but is now assessed at $54,100. Why the difference?
The 2016 sale price is historical data and reflects the market value at that time. The current assessed value is an estimate for municipal tax purposes and is influenced by market changes, improvements, and area trends over the past eight years. It is not a direct sale price.
5. What is the significance of the lot size?
At 5,852 sqft, the lot is in the top 17% for Canterbury Park. This means the property has a larger-than-average yard for the neighbourhood, which is a valuable and less replaceable feature than interior finishes, offering more privacy and outdoor potential.