Property Overview: 68 William Gibson Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2004, presents a well-maintained and modern option within the established Canterbury Park neighbourhood. Its key features include an attached garage and a renovated basement, adding valuable functional space. The home’s primary appeal lies in its balance and context. While the living area (1,508 sqft) is comfortably above the city average, the property is notable for its newer construction date relative to the immediate area—ranking in the top 3% on its own street. This suggests a home with more contemporary building standards amidst older peers, potentially reducing immediate major renovation needs.
The lot size, while below average for the street, is typical for the wider neighbourhood and city, offering a manageable yard. The assessed value aligns closely with recent sale prices, indicating stable market recognition. This property would suit practical buyers looking for a move-in-ready home in a mature area, who value a modern build year and updated basement space over a sprawling lot. It’s a solid choice for young families, professionals, or downsizers seeking a low-maintenance exterior without compromising on interior updates.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
The land area is smaller than most on William Gibson Bay itself but is standard for Canterbury Park overall. This means less yard maintenance, but also less private outdoor space compared to some direct neighbours.
2. What does the "Elite" ranking for Year Built mean?
This indicates the home is one of the newest on its street (top 3%). In a neighbourhood with many older homes, this is a significant advantage, suggesting newer roofing, windows, and mechanical systems, which can mean lower near-term replacement costs.
3. Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify a separate kitchen or entrance. Buyers should verify the renovation's scope, permits, and whether it creates a legal secondary suite or simply additional living/recreational space.
4. How stable has the home's value been?
The home sold for $44.50k in mid-2021 and now carries an assessed value of $44.90k. This close alignment suggests a stable value trajectory in line with area comparables over the past few years.
5. What is the surrounding area like?
The tight clustering of homes on William Gibson Bay (as seen in the nearby property distances) suggests a close-knit, traditional suburban street feel. The mature Canterbury Park neighbourhood typically offers a mix of long-term residents and newer buyers, with established parks and amenities.