Property score
72.5
Good
Overall 72.5 · Newer than most nearby homes
1,378 sqft (top 43%) · Built in 2021 (24 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Above average
24 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 8%
Past 10 years Canterbury Park sales snapshot (~80% of all data)
1,049
440.7k
$385/sqft
1997
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72.5 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: #46110834
$74K
Median household income
$92K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.3
P90 / P10 ratio
13%
Single-person households
30%
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
74 Romance Lane — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 269 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 35% | Top 30% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
74 Romance Lane is a two-storey home built in 2021, offering modern construction in Winnipeg's Canterbury Park neighbourhood. Its key appeal lies in its balance of being a newer build on a generous, established lot. With an attached garage, a full (though unrenovated) basement, and a living area of 1,378 sqft, it presents a practical, low-maintenance footprint.
The home’s standout characteristic is its relative newness. Built just five years ago, it ranks in the top 6% for year built within Canterbury Park and the top 2% citywide, suggesting significant savings on near-term major repairs compared to older area homes. The land size (4,307 sqft) is comfortably above the city average, providing good outdoor space in a neighbourhood where lots are typically smaller.
This property would suit first-time buyers or downsizers seeking a modern, move-in-ready home without the premium of a brand-new subdivision. Its below-average assessed value for the street could indicate an opportunity for equity growth, appealing to value-conscious buyers. The unrenovated basement offers a blank canvas for future expansion.
Frequently Asked Questions
1. Is this a good value for the area?
The home last sold in 2022 for $42.5k and currently has an assessed value of $40.5k. Its assessed value is below the street average, which could represent a value opportunity, but it's essential to compare it to current market listings and recent sales for the most accurate picture.
2. What does the "unrenovated basement" mean?
The basement is finished and usable but hasn't been updated. It likely features basic, functional finishes from when the home was built in 2021. It offers potential for future customization but is perfectly livable as-is.
3. How does the lot size compare?
At 4,307 sqft, the lot is larger than the average Winnipeg lot. In Canterbury Park, it ranks around the neighbourhood average, offering a good balance of yard space without excessive maintenance.
4. Who would this home not suit?
Buyers needing extensive finished space immediately may find the living area (1,378 sqft) and unrenovated basement limiting. Those seeking a historic character home or a brand-new, custom-built property would also likely look elsewhere.
5. What is the significance of the 2021 build year?
A 5-year-old home is past the initial builder warranty period, but it remains modern in its systems, insulation, and layout. It should be significantly more energy-efficient than the neighbourhood average (1997) and require minimal major upkeep in the short term, a key financial advantage.
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