Property Overview & Key Characteristics
This bi-level home at 68 Ravenhurst Street in Canterbury Park presents a practical and updated living space. Its key appeal lies in its renovated basement, which adds valuable finished square footage to the 931 sqft main living area, and its detached garage. The lot size of 3,468 sqft is quite manageable, offering outdoor space without being burdensome to maintain.
Built in 1996, the home is newer than the Winnipeg city average, suggesting potentially fewer major age-related concerns compared to many older properties. The assessed value is firmly in the mid-range for the city, indicating a market-typical price point. This property would best suit first-time homebuyers, downsizers, or practical investors looking for a move-in-ready home with modernized basics in a stable neighbourhood. Its appeal is one of functionality and value—offering essential updates (the basement), a good age profile, and a standard lot, all at a price that aligns with broader market averages rather than standing out as exceptionally high or low.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area is slightly below average for the Canterbury Park neighbourhood and the city overall, but is very typical for Ravenhurst Street itself. It’s a manageable size for gardening and recreation without excessive upkeep.
2. Is the home older or newer for the area?
Built in 1996, the home is actually newer than the average house in Winnipeg, but is one of the older homes on its own street, where many homes were built in the early 2000s.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the full scope of living space and quality.
4. Why was the last sale price in 2019 so much lower than the current assessed value?
The 2019 sale price of $27,900 is not typical of a full residential property sale and likely represents a transfer of title between family members, a partial interest, or an administrative sale. The current assessed value of $360k is the relevant market indicator.
5. How does the living space feel for a bi-level?
With 931 sqft on the main levels plus the renovated basement, the total functional space is generous. However, the above-ground square footage is below the neighbourhood average, so the floor plan may be more compact and efficient than sprawling. The renovated basement is likely a crucial factor in the home's overall livability.