58.6
Fair
Property score
58.6
Fair
Overall 58.6
Smaller than most nearby homes
895 sqft (bottom 16%)
Built in 1997
Located in a high-income area
with median household income of ~127k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 shop, and 3 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 5%
Past 10 years Canterbury Park sales snapshot (~80% of all data)
1,049
440.7k
$385/sqft
1997
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58.6 is composed by the two sections below.
Property Score
Community Score
Canterbury Park
How to read: Share of sales in each ~$50k price band for “canterbury park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111243
$127K
Median household income
$127K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
15%
Single-person households
45%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
48 Ravenhurst Street — 4 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 181 m), 3 parks (nearest 370 m).
Canterbury Park · WPS public data · 2026
Annual incidents
8
2026
vs. city avg
-73%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
88%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 17% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This bi-level home at 48 Ravenhurst Street in Canterbury Park presents a practical and affordable entry point into the Winnipeg market. Built in 1997, its key characteristic is its renovated basement, adding valuable finished space to the 895 sqft main living area. The lot size of 3,465 sqft is modest for the street and neighbourhood, but offers manageable outdoor maintenance.
The appeal lies in its move-in readiness with a modernized lower level and its position as a value-conscious option. It consistently ranks below the average for size and value within its immediate area, which translates to a lower price point. This isn't a sprawling property, but a efficient one. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a single-level living footprint (with the basement providing extra room for guests or hobbies). A thoughtful perspective is that a smaller, updated home on a smaller lot can represent significant savings on both utilities and property taxes compared to larger area averages, appealing to those prioritizing financial efficiency over square footage.
Frequently Asked Questions
1. Is this a small house?
Yes, the 895 sqft living area is below average for Canterbury Park. However, the renovated basement effectively doubles the usable space, making it more functional than the main floor square footage alone suggests.
2. Why is the assessed value notably lower than nearby homes?
The assessment reflects the home's smaller lot and living area compared to neighbourhood averages. This isn't necessarily an indicator of condition, but of its scale relative to other properties, which often results in lower property taxes.
3. What does "below average" for the lot size mean for me?
The 3,465 sqft lot is manageable and requires less upkeep than larger yards. It's sufficient for a patio, garden, or play area, but may not accommodate extensive additions or a large detached garage.
4. The home sold in 2019 for $26,800. Is that the expected price today?
No, that historic sale price is not reflective of current market value. It serves as a data point for the property's history. The current assessed value is $34,100, but the market sale price will be determined by present conditions.
5. Who might this property not suit?
Buyers needing multiple large bedrooms, extensive storage, or who desire a large, private backyard may find it limiting. It's best for those comfortable with efficient use of space.
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