Property Overview: 63 Zawaly Bay, Canterbury Park
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Canterbury Park offers a practical and efficient layout. Built in 1989, its key feature is a recently renovated basement, adding valuable finished space to the 1,123 sqft main living area. The property sits on a 3,634 sqft lot with a detached garage.
The appeal here is one of balance and sensible value. While the lot size is modest for the immediate street, the living area is notably above average for the bay, suggesting a home that makes efficient use of its footprint. The renovated basement immediately adds functional space without the need for immediate projects. Its last sale price positions it as a competitively mid-range option for the area.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize move-in readiness (thanks to the basement renovation) over having a large yard, and who appreciate a home that stands out positively in its immediate vicinity for its living space.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
The lot is 3,634 sqft, which is slightly below the average for both the Canterbury Park neighbourhood and the city overall. However, on its own street (Zawaly Bay), it ranks near the middle of the pack, making it a typical size for that specific location.
2. What does the "above average" living area ranking mean for this street?
With 1,123 sqft, this home has more living space than most on Zawaly Bay, ranking in the top 18%. This indicates you get a relatively spacious interior compared to other houses on the same block, which often have smaller footprints.
3. Is the assessed value a good indicator of the sale price?
Not directly. The municipal assessed value is $39.8k for taxation purposes, but the home last sold for $350k. Assessed value is used for calculating property taxes and should not be confused with market value or listing price.
4. What is the significance of the renovated basement?
The basement renovation is a key feature, providing immediate additional living or recreational space without the cost or hassle of a future renovation. It adds functional square footage that isn’t reflected in the main living area statistics.
5. How does the age of this home compare to others in Winnipeg?
Built in 1989, this home is newer than the average Winnipeg house (average year built ~1966). In the broader city context, it ranks in the top 23% for newer construction, meaning it’s a relatively modern structure compared to much of Winnipeg’s housing stock.