Property Overview

This two-storey home at 224 Ravenhurst Street in Canterbury Park presents a balanced, modern offering. Built in 2016, its key appeal lies in its relative newness compared to most Winnipeg housing stock, offering contemporary construction and likely lower maintenance. The home sits on a standard-sized lot for the street and neighbourhood, with a living area that provides comfortable space without being oversized. A notable feature is the renovated basement, which adds valuable finished space. The detached garage offers flexibility for parking or storage. Its assessed value positions it as an above-average property citywide, suggesting a solid level of investment for the market.

The property would suit first-time buyers or small families looking for a move-in-ready, modern home in an established neighbourhood. It also appeals to practical buyers who value a recent build date for efficiency and systems longevity, over having an exceptionally large lot or square footage. The renovated basement adds immediate utility, making it a fit for those wanting extra living, recreational, or work-from-home space without a renovation project.

Frequently Asked Questions

How does the lot size compare?
The land area of just over 4,000 sq. ft. is very typical for Ravenhurst Street and the wider Canterbury Park area. It’s larger than many lots on the street but is below the citywide average, which includes newer suburban developments. This means manageable yard maintenance within a mature neighbourhood.

What does the assessed value ranking indicate?
While its assessed value is around average for its immediate street and neighbourhood, it ranks in the top 29% citywide. This suggests the property holds a stronger relative value position across all of Winnipeg, often a positive indicator for long-term equity compared to much older housing stock.

Are there any concerns with a 2016 build?
Homes from this period benefit from modern building codes and materials. A thoughtful perspective is to inquire about the builder and the specifics of the basement renovation—was it original or done later, and were proper permits obtained? This age of home is often past the initial "shrink-swell" settling phase.

How does the detached garage affect winter use?
A detached garage is common in older neighbourhoods like Canterbury Park. It provides flexibility but requires going outdoors in winter. For some, this is a minor inconvenience; for others, a heated or attached garage is a priority. Consider your daily routine and vehicle needs.

What is the neighbourhood context of Canterbury Park?
Canterbury Park is a mature, established area. The home's 2016 build date makes it a significant outlier in a neighbourhood where the average comparable home was built around 1997. This offers modern living in a settled community with mature trees and amenities, but the architectural style might differ from older surrounding homes.