Property Overview: 212 Ravenhurst Street, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2016, offers a modern foundation in the established Canterbury Park neighbourhood. Its key appeal lies in its balance of newer construction and a standard family-sized layout, with 1,373 sqft of living space and a 4,070 sqft lot. The home features a detached garage and an unrenovated basement, presenting a straightforward canvas for future customization.

The property’s strength is its relative newness compared to its surroundings. It ranks in the top 10% for year-built within Canterbury Park, meaning it likely requires less immediate major maintenance than many area homes. Its lot and living space are consistently "around average" for the immediate street and neighbourhood, offering typical space without standing out as either cramped or oversized. This makes it a practical choice for first-time buyers, small families, or investors seeking a modern, low-maintenance structure in a mature area. The unrenovated basement is a notable feature—it’s a project waiting for a buyer's personal touch, which could be a downside for those wanting move-in perfection, but an upside for those looking to add value according to their own taste and budget.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
Statistically, it’s very typical for Ravenhurst Street. Its lot size, living area, and assessed value all rank near the middle of the 61 comparable properties on the same street. Its most distinguishing feature is its age; built in 2016, it is newer than about 80% of the homes on the street.

2. What does the "unrenovated basement" imply?
This indicates the basement is functional but finished in a basic, likely builder-grade style. It presents a clean slate for future upgrades, such as adding a recreation room, home office, or secondary suite, but will require investment to modernize.

3. The assessed value seems low. Is that accurate?
The assessed value figures shown (approximately $41k) are not the market value. In Winnipeg, property assessments are a fraction of the expected market price for taxation purposes. The market value would be significantly higher, as hinted by the city-wide average comparison of $390k. Always rely on a current market evaluation or recent comparable sales for pricing.

4. Is the lot size a pro or a con?
At 4,070 sqft, the lot is perfectly average for Canterbury Park. It provides standard backyard space for a family but isn't oversized. For buyers seeking extensive outdoor space or future expansion potential, it may feel limiting. For those wanting less yard maintenance, it’s a manageable size.

5. The home sold in 2016 for $33,200. What does that mean?
That was the original purchase price when the home was newly built a decade ago. It is not indicative of the current market value, which will be determined by today’s market conditions, the home’s condition, and recent sales of similar properties in the area.