Property Overview: 96 Hiley Bay, Canterbury Park, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home at 96 Hiley Bay is a well-situated property in Canterbury Park, built in 2013. Its key appeal lies in its modern age relative to the broader city and its above-average living space. With 1,936 sqft of living area, it offers more room than most homes in both the neighbourhood and Winnipeg overall. The lot size is a standard 4,834 sqft, typical for the street and area, and it includes an attached garage and a basement (not renovated).
The home’s strongest suit is its balanced positioning. It’s not an outlier in any single category but performs reliably well across several key metrics—it’s newer, more spacious, and has a solid assessed value compared to local peers. This makes it particularly suitable for buyers seeking a move-in ready, modern home in a stable area without the premium price of a brand-new build. It would suit young families or professionals looking for space and contemporary construction in a community setting, especially those who value a home that holds its own in neighbourhood comparisons without requiring immediate major updates.
A less obvious perspective is its potential as a "value-holder" within its immediate circle. On Hiley Bay itself, it ranks highly for being newer (top 8%) and is above average for living space, suggesting it may offer better relative modern amenities than many direct neighbours. For a buyer, this means the intrinsic value of the structure itself could be a strong long-term asset, even if the lot is standard for the area.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position on Hiley Bay. It’s notably newer than most (ranking in the top 8% for year built) and offers more living space than the street average, while the lot size and assessed value are around the street’s typical mid-range.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely an unfinished space that offers potential for future customization or storage.
3. What does the assessed value ranking mean for property taxes?
The assessed value is above average for Canterbury Park and citywide. While not a direct calculation, a higher assessment typically correlates with proportionately higher property taxes compared to lower-valued homes in the broader area.
4. How does the living area compare to typical Winnipeg homes?
With 1,936 sqft, this home is significantly more spacious than the average Winnipeg home (which averages about 1,342 sqft), placing it in the top 12% citywide for living space.
5. The home sold in 2017 for $400k. What does the "Top 51%" neighbourhood ranking for that sale price mean?
This indicates that at the time of sale, the price was around the median for Canterbury Park—neither unusually high nor low. It suggests the sale was in line with neighbourhood market values at that time.