Property Overview: 3 Fieldhouse Way, Canterbury Park, Winnipeg

Key Characteristics & Appeal

This is a modern, one-storey home built in 2021, offering the appeal of a nearly new build with minimal maintenance concerns. Its key characteristic is a clear trade-off: it features a relatively compact living space (1,205 sqft) but sits on a standard city lot (4,623 sqft). This combination is less common in new construction and presents a specific value proposition.

The home’s primary appeal lies in its efficient, modern layout for smaller households, coupled with the valuable potential of its undeveloped basement and established yard space. While the living area is modest compared to immediate neighbors, the property’s year of construction is a significant asset within the broader Canterbury Park area, where most homes are decades older. This makes it a standout for buyers seeking modern systems and finishes without leaving the established neighborhood.

It would suit first-time buyers, downsizers, or investors looking for a low-maintenance, contemporary property. It’s ideal for those who prioritize a newer home envelope and mechanicals over expansive interior square footage, and for buyers who see potential in finishing the basement to gain additional living space over time.

Frequently Asked Questions

1. Is the lot size a pro or a con?
It’s both, depending on your priorities. The lot is a standard residential size, offering good outdoor space for gardening or recreation, which is a plus. However, the data shows the home’s footprint is smaller than many on the same street, meaning a significant portion of the property value is in the land itself.

2. How does the 2021 build date affect value?
Significantly. While it’s average for its immediate street, it ranks in the top 6% for year built in Canterbury Park. This means you get a modern home in a neighborhood of mostly older houses, which typically commands a premium and suggests lower immediate costs for major repairs.

3. The assessed value seems low. Why?
The assessed value shown ($42.90k) is not the market value; it is a municipal assessment for tax purposes, often based on older data. The last recorded sale was in 2021 for $37.40k, likely at or near its initial construction. The current market price will be substantially higher and is not reflected in this tax assessment figure.

4. Who might this home not suit?
Families needing multiple large bedrooms or dedicated spaces (like a home office and a playroom) may find the current living area restrictive without the investment to finish the basement. Buyers seeking a "move-in ready" home with a fully developed lower level should also note the basement is described as "not renovated."

5. What’s the biggest opportunity here?
The opportunity is in the basement and the land. The unfinished basement provides a blank canvas to add customized living space, potentially increasing the home’s functionality and value. The lot offers the outdoor space that many newer, denser developments lack, providing room to grow.