Property Overview & Key Characteristics
This 2011-built, one-storey home in Canterbury Park sits on a standard-sized lot (4,707 sqft) and offers 1,209 sqft of living space. It features an attached garage and an unfinished basement. The home’s assessed value is notably modest for the immediate street but aligns with broader neighbourhood and city averages.
Its primary appeal lies in being a relatively modern, low-maintenance property in a well-established neighbourhood. It represents a practical entry point into a desirable area, particularly for buyers who value a newer build (2011) over sheer square footage. The unfinished basement presents a clear, cost-effective opportunity for future customization to add value and space.
This property would suit first-time buyers or downsizers seeking a manageable, single-level layout without major renovation needs. It’s also a sensible option for investors or pragmatic buyers focused on lot location and building fundamentals over finished size, who see potential in the blank canvas of the basement.
Frequently Asked Questions
1. Is the living space too small?
While the living area is below average for its specific street, it is very close to the average for both Canterbury Park and Winnipeg overall. The efficient, modern layout of a 2011 build can make the space feel more functional than the square footage might suggest.
2. Why is the assessed value so low for the street?
The home ranks near the bottom of its street for assessed value. This is likely due to its combination of smaller finished square footage and the unfinished basement compared to neighbours, which the assessment model reflects. This can represent a value opportunity for a buyer.
3. What are the pros and cons of the unfinished basement?
The basement is a key project space. It allows you to finish it to your own taste and needs without paying a premium for someone else’s work. However, it requires a upfront budget and effort to realize that potential.
4. How does the 2011 build year compare locally?
This is a strong point. At 15 years old, it is significantly newer than the Winnipeg city average (1966) and above average for Canterbury Park (1997). This suggests modern building standards and likely fewer immediate major system replacements.
5. Who might this property not suit?
It may not suit buyers who prioritize immediate move-in readiness with ample finished space for a growing family, or those unwilling to undertake a basement finishing project in the future.