Property Overview

This well-situated home at 178 John Duncan Drive in Canterbury Park presents a compelling blend of modern convenience and established neighbourhood appeal. Built in 2004, it is notably newer than most homes in the city and is the newest on its street, suggesting updated building standards and less immediate need for major system replacements. The property features a renovated basement and an attached garage, with a living space of 1,464 sqft that is comfortably above average for the immediate area.

Its primary appeal lies in its strong positional value. The data indicates that for key metrics like assessed value and year built, this home consistently ranks above average not just on its street, but also within the wider Canterbury Park neighbourhood and across Winnipeg. This suggests a property that holds its value well relative to its peers. The lot size of 4,617 sqft is also generous for the street, offering good outdoor space.

This home would suit practical buyers looking for a move-in-ready property in a mature area without the maintenance concerns of an older build. It’s ideal for small families, professionals, or downsizers seeking single-level living (assuming the main living area is on one floor) with the bonus of a finished basement for extra space. The strong above-average rankings across the board make it a sensible choice for value-conscious buyers who prioritize a solid investment in a stable community.

Frequently Asked Questions

How does the "above average" ranking actually work?
The rankings compare this home directly to similar properties in three tiers: its immediate street (John Duncan Drive), the Canterbury Park neighbourhood, and citywide Winnipeg. For example, its 2004 build date places it in the top 2% on its street and top 15% citywide, meaning it is significantly newer than the majority of comparable homes.

Is the assessed value the same as the market sale price?
No, the municipal assessed value for taxation purposes was $49,500. However, the home sold for $49,600 in August 2023, indicating the market price at that time was aligned with the assessed value—a useful data point for understanding its recent market valuation.

What does the lot size mean for me?
At 4,617 sqft, the lot is larger than most on John Duncan Drive (top 29%). This means more private outdoor space than many neighbours, which is a fixed feature that cannot be changed and often adds long-term value and enjoyment.

The home is described as newer, but what might that imply?
While a 2004 build suggests modern wiring, plumbing, and insulation, it’s now a 20-year-old home. Buyers should still expect routine maintenance and the potential for updating decor, but likely won’t face the major structural or systemic overhauls common in much older properties.

How does the living area compare to a typical home?
With 1,464 sqft of living area, the home is larger than about 70% of the homes on its own street. It provides a comfortable size that is very typical for the broader neighbourhood and city, indicating it meets the standard expectation for space without being exceptionally large or small.