Property Overview

This 1,312 sqft home at 3-242 Ravenhurst Street in Canterbury Park is a modern, low-maintenance property built in 2019. Its primary appeal lies in its contemporary construction and above-average space within its immediate area. The home sits on a street and in a neighbourhood where it ranks highly for its newer year of build and generous living area compared to local peers. While it features a basement, it is not renovated. There is no garage or pool. The last recorded sale was in January 2021 for $310,000, a price that was above average for the wider Winnipeg market at the time.

This property would suit first-time buyers or downsizers seeking a newer build without the concerns of an aging structure. It’s also a practical fit for someone who values interior space over extensive private outdoor amenities, as it offers more square footage than most units in Canterbury Park. The lack of a garage and an unfinished basement suggests the buyer should be comfortable with on-street parking and view the basement as potential future space rather than a finished asset.

Key Details & FAQs

Key Characteristics & Appeal

• Modern & Low-Maintenance: Built just 7 years ago in 2019, this home is among the newest on its street (top 7%) and in Canterbury Park (top 2%), offering contemporary systems and minimal immediate repair concerns.
• Spacious Interior: With 1,312 sqft, it provides significantly more living area than the typical Canterbury Park home (top 3% locally) and is above the city-wide average, which is a notable advantage for the area.
• Value Position: The home’s assessed value is above average for both the neighbourhood and the city, but is around the average for Ravenhurst Street itself. This indicates it is a solid, benchmark property on its specific block.
• Ideal Buyer Profile: Best suited for buyers prioritizing a modern, move-in-ready interior space over features like a garage, finished basement, or pool. It appeals to those who want a newer home in an established neighbourhood without the premium lot size of a detached house.

Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
The rankings show this home is a standout in its immediate neighbourhood for being new and spacious. However, on its own street of similar properties, it is more of a benchmark home in terms of value. This suggests you're buying into a well-regarded micro-location within Canterbury Park.

2. Is the lack of a garage or finished basement a significant drawback?
That depends on your priorities. The home trades those features for a newer building and more above-ground living space. For some, the modern construction outweighs the need for a garage or a finished lower level. For others, especially those with a vehicle to shelter or who need immediate recreational space, it could be a limitation.

3. How does the 2021 sale price of $310k relate to its current value?
The sale price is a historical data point, not a current valuation. It shows the home commanded an above-average price for Winnipeg at that time. Current market conditions, updates, and direct comparisons with recently sold homes are necessary to determine today's value.

4. The home is described as "not renovated." What condition should I expect?
Given it was built in 2019, the core components (roof, furnace, windows) are likely in very good condition. "Not renovated" primarily refers to the basement being unfinished. The main living areas should reflect modern, 2019-era finishes and layouts.

5. What are the less obvious considerations with this property?
Consider the dynamic of living directly beside several very similar units (as shown by the nearby addresses), which can offer a sense of uniformity but less architectural individuality. Also, the high ranking for living area within Canterbury Park is a key advantage, as it means you get more interior space than most options in this specific neighbourhood, which often features smaller, older homes.