Property Overview: 106 George Reshaur Bay, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home in Canterbury Park presents a practical and comfortable living option. Built in 2006, it offers modern construction without the premium of a brand-new build. The home features a renovated basement and an attached garage, adding valuable functional space. With a living area of 1,295 sq ft, it is a cozier option on its street but aligns closely with the average size for both the wider neighbourhood and the city, making it an efficient layout for daily life.

Its primary appeal lies in its balance and established setting. The lot size is generous and typical for the area, providing good outdoor space without excessive maintenance. The home’s assessed value sits above the citywide average, suggesting a solid intrinsic worth. A thoughtful perspective is that this property represents a "middle ground" in several metrics—it’s not the largest or newest on the block, but it holds its own with recent updates and a stable, desirable location. This balance often translates to sensible value without extreme premiums.

This home would ideally suit first-time buyers, downsizers, or pragmatic investors seeking a move-in-ready property in a mature neighbourhood. It’s for those who prioritize a renovated basement and attached garage over sheer square footage, and who appreciate a home that is comfortably average in the best sense—well-situated, financially sensible, and free from major dated elements.

Section 2: Frequently Asked Questions

1. How does the living space feel given its ranking on the street?
While the home is below the average living area for its specific street, its floor plan is very close to the averages for both Canterbury Park and Winnipeg overall. This suggests the street may have several larger homes, but this property offers a layout that is standard and functional for the broader market.

2. What does the "above average" citywide assessment indicate?
An assessed value that ranks above the citywide median generally reflects a combination of factors like the home's condition, lot size, and the desirability of Canterbury Park. It indicates the property is considered to have a solid underlying value compared to the full spectrum of homes in Winnipeg.

3. Is the renovated basement finished?
The listing specifies a "renovated basement," which typically means it has been updated and is in liveable condition. For specific details on the finish (e.g., drywall, flooring, legal windows), prospective buyers should verify with the listing agent.

4. Who might the nearby comparable properties be relevant for?
The listed properties with similar assessed values (like those on Royalgate Road or Cathcart Street) are useful for buyers comparing valuation across different neighbourhoods. The nearby properties on the same bay are more relevant for understanding the immediate streetscape and potential character of the area.

5. The home sold in 2020; what context does that sale provide?
The 2020 sale price gives a historical benchmark, showing the price point at which the market valued the home four years ago. This is a starting point for understanding appreciation, but current value will be driven by today's market conditions, any further updates made since then, and recent comparable sales.