Property Overview: 11 Zoe Lane, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Canterbury Park is a study in contrasts, offering a modern foundation with room for personalization. Built in 2010, it is a newer construction compared to most homes on its street and across Winnipeg, meaning major systems like roofing, windows, and plumbing are relatively young and likely efficient. The property sits on a decently sized, flat lot (4,463 sqft) that is typical for the neighbourhood, providing good outdoor space. Key features include an attached garage and a full, unrenovated basement—a significant blank canvas for future expansion.

The primary appeal lies in its potential. With an assessed value and living area (1,331 sqft) that are modest for the immediate street, it presents an accessible entry point into a well-established area. The unrenovated basement is a key asset, allowing a new owner to customize the additional space without the cost of undoing someone else’s work. This home would suit a first-time buyer, an investor, or a practical downsizer who values a newer build’s reliability and sees the benefit in a property they can tailor over time. It’s for those who prefer a solid structure to build upon, rather than a fully finished product at a premium.

Section 2: Frequently Asked Questions

1. Is the low assessed value a concern?
Not necessarily. The assessment is below average for Zoe Lane but aligns with the Canterbury Park neighbourhood average. It often reflects the home’s more modest finished living area and the unrenovated basement, which can be a positive for property tax calculations and for buyers planning their own updates.

2. What does "unrenovated basement" really mean?
It indicates the basement is in its original state since construction. It is likely a concrete-walled, open space with rough-in plumbing for a future bathroom. It’s a functional space for storage or utilities but requires a full build-out to become livable living area.

3. How does the 2010 build year compare?
This is a standout feature. The home is significantly newer than the Winnipeg city-wide average (1966) and is the newest on its street. This suggests modern building codes, better energy efficiency, and less immediate concern for major age-related replacements like the roof or furnace.

4. The living space seems smaller than some neighbours. How does the layout work?
With 1,331 sqft of finished living area on one floor, the layout is likely efficient and manageable. It may appeal to those seeking single-level living or who plan to use the basement to add specific rooms (like a recreation room or home office) tailored to their needs, rather than paying for pre-defined spaces they may not use.

5. What is the context of the last sale price from 2016?
The 2016 sale price provides historical context but does not determine current market value. The real estate market and the property itself have evolved since then. Current value is driven by today’s market conditions, recent comparable sales, and the home’s present state.