Property Overview: 6 Lopuck Bay, Canterbury Park

Section 1: Key Characteristics & Appeal

This well-maintained, one-storey home in Canterbury Park offers a practical and modern living space. Built in 2005, it benefits from being newer than most Winnipeg homes, which often translates to fewer major maintenance concerns and contemporary building standards. A key feature is its renovated basement, adding valuable finished space to the 1,203 sqft main floor. The property includes an attached garage and sits on a manageable 4,395 sqft lot.

Its primary appeal lies in its balance and efficiency. While the living area is modest compared to some immediate neighbours, the home presents a solid, turn-key option in a mature neighbourhood. The recent renovation suggests it has been updated for modern living without the need for immediate projects. It suits first-time homebuyers seeking a move-in-ready property, downsizers looking for a single-level layout with a finished lower level for guests or hobbies, or pragmatic investors wanting a newer, low-maintenance rental property. A thoughtful perspective is that its smaller footprint and newer construction could lead to relatively lower utility and upkeep costs compared to larger, older homes in the city, making it an efficient choice.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
The lot is 4,395 sqft, which is below average for Lopuck Bay but is very typical for the broader Canterbury Park neighbourhood and the city overall. It provides a manageable yard space without excessive maintenance.

2. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value for taxation purposes is $44,500, but the home last sold for $350,000 in 2017. Market conditions, the renovated basement, and the home's condition are the primary drivers of its current market price, which will be significantly higher than the assessed value.

3. What does "below average" living area for the street mean?
This home (1,203 sqft) is the smallest among the 46 comparable properties on Lopuck Bay. However, it is squarely average when compared to all of Canterbury Park and Winnipeg. This indicates the street may have larger homes, but this property offers a more compact and efficient layout.

4. Who might find the single-storey layout particularly appealing?
Beyond the obvious appeal to those seeking to avoid stairs, this layout is highly practical for young families who prefer having all main living spaces on one level for supervision, or for anyone who values the long-term flexibility of accessible living.

5. Given it's the smallest on the street, is there room for future expansion?
While the lot is not oversized, the potential for a lateral addition would depend on specific lot setbacks and zoning. A more likely avenue for expansion has already been realized with the renovated basement, which effectively increases the usable living space.