Property Overview: 54 Bill Larkin Lane, Canterbury Park
Key Characteristics & Appeal
This two-storey home, built in 2014, sits on a notably large lot in the Canterbury Park neighbourhood. Its primary appeal lies in the combination of a spacious, modern residence and a premium land parcel. With 1,908 sqft of living space, a renovated basement, and an attached garage, the home offers comfortable, contemporary living.
The standout feature is the land itself. At 8,797 sqft, the lot size is in the top 5% for its street and the top 3% for Canterbury Park, offering exceptional outdoor space and privacy for the area. While newer than most homes citywide, it is slightly older than its immediate neighbours, suggesting a well-established streetscape. The home’s assessed value ranks highly, especially within Canterbury Park, indicating it is considered a premium property in a desirable neighbourhood.
This property would best suit buyers who prioritize generous lot size and outdoor potential over having the absolute newest build on the block. It’s ideal for families or anyone seeking space for gardens, recreation, or future additions in a mature, sought-after community. The renovated basement adds valuable flexible space, making it a turnkey option for those seeking room to grow without immediate renovation projects.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
The lot is approximately 8,800 sqft, which is significantly larger than the Winnipeg average of about 6,570 sqft and ranks in the top 9% citywide.
2. Is the 2014 build date a concern compared to neighbours?
The home is well-established but is slightly older than the immediate street average (2015). This often means the landscaping and neighbourhood amenities are more mature, while the home itself remains modern.
3. What does the "Elite" ranking for land area in Canterbury Park mean?
It means this property’s lot size is in the top 3% of all comparable homes in the Canterbury Park neighbourhood, a key indicator of its rarity and value in that community.
4. The assessed value seems high for the area. Why?
The assessed value ranks in the top 3% for Canterbury Park, reflecting the combined premium factors of its very large lot, above-average living space, and modern features compared to neighbourhood averages.
5. How does the living space fit with family needs?
At 1,908 sqft, the living area is above average for both the street and the wider neighbourhood, offering ample room. The renovated basement further expands the usable space, providing flexibility for recreation, guests, or a home office.