Property Overview: 107 Harlow Bay, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a study in contrasts, offering a modern structure on a modest lot. Built in 2013, it is a notably newer home compared to most in Winnipeg, meaning major systems like roof, furnace, and windows are relatively young and likely efficient. The living space (1,514 sqft) is comfortably above the city average, providing ample room for daily life. Key features include an attached garage and a full, unrenovated basement offering potential for future customization.

Its primary appeal lies in this balance of a contemporary, low-maintenance build with a manageable footprint. The lot, while smaller than others on its street, translates to less yard work. The property suits first-time buyers or downsizers seeking a modern, "move-in-ready" home without the upkeep of an older property or a large yard. It also appeals to value-conscious buyers who prioritize the condition and age of the structure itself over expansive land. A thoughtful perspective: this home represents an opportunity to own a newer build in an established neighbourhood, often at a different price point than a newly constructed home, while the unrenovated basement allows you to add value tailored to your tastes over time.

Section 2: Frequently Asked Questions

1. Is the smaller lot size a significant drawback?
While the land area is below average for the immediate street, it is closer to the norm for the wider Canterbury Park area. This typically means lower maintenance and can contribute to a more affordable purchase price compared to larger-lot homes on the same block.

2. What does "above average" for citywide assessed value indicate?
The assessed value is higher than most homes across Winnipeg, which generally reflects the desirable combination of a newer build (2013) and above-average living space. It's important to note that assessed value is for municipal tax purposes; market value is determined by recent sales, like the 2022 sale at $470k.

3. Who is the ideal buyer for this property?
This home is well-suited for buyers who value modern construction and efficiency over having the largest property on the block. It’s a practical choice for professionals, small families, or empty-nesters wanting a newer home in a settled neighbourhood without the demands of a large yard.

4. What does the unrenovated basement mean for me?
It means the basement is functional but finished to a basic standard. This is not a drawback, but a blank canvas. It presents the opportunity to renovate and customize the space to your specific needs—whether for a recreation room, home office, or additional storage—without needing to undo someone else’s dated renovations.

5. How does this home compare to others in Canterbury Park?
The data shows it’s a middle-ground property in the neighbourhood. It has a newer build date than most, average living space, and an average-to-smaller lot. This positioning often makes it a competitively priced option within the area, offering modern comforts without being the most expensive home on the market.