Property Overview: 92 Fairview Drive, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home on Fairview Drive is a practical and well-positioned property. Its key features include a renovated basement, a detached garage, and a living area that is notably spacious for its immediate street. Built in 1986, it is one of the newer homes on its block, which can be an advantage for maintenance and systems. The lot size is generous for the street but more compact compared to wider Canterbury Park and the city, offering manageable outdoor space.

The appeal lies in its balance and established neighbourhood setting. It represents a solid, move-in ready option where the value has been added through the basement renovation. The home’s metrics suggest it outperforms many of its direct neighbours in terms of living space, year built, and assessed value, indicating a property that stands well within its local context. It would suit first-time buyers or downsizers looking for a comfortable, low-maintenance home in a mature area without the upkeep of a very large lot. It’s also a sensible fit for pragmatic buyers who appreciate a home that compares favourably on its own street—a less obvious but meaningful marker of day-to-day livability and future resale.

Section 2: Frequently Asked Questions

1. How does the lot size compare practically?
While the land area is in the top 39% on Fairview Drive itself, it is below the average for the broader Canterbury Park area. This means you likely have a yard that is ample for its immediate surroundings but more manageable than many larger lots in the neighbourhood.

2. What does the "above average" year built ranking mean?
The home was built in 1986. It ranks in the top 4% on its street because it is one of the newest houses there. City-wide, it’s also above average (top 27%), as many Winnipeg homes are older. This suggests newer construction materials and potentially updated infrastructure compared to many peers.

3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value for taxation is $34,900, but the home last sold for $290,000 in 2017. Assessed value is used for calculating property taxes and does not reflect current market value, which is determined by recent sales of comparable homes.

4. The living area is "above average" for the street but "around average" elsewhere. Why is that important?
This highlights that the home feels roomier compared to its closest neighbours, which can be a tangible daily benefit. When compared to the entire city, it’s a standard size. This perspective helps identify where the home’s relative strength lies—in its immediate micro-market.

5. What can the 2017 sale price tell me?
The $290,000 sale price seven years ago establishes a historical benchmark. It does not dictate current value, but it can be a reference point for understanding how the area may have appreciated over time when compared to similar recent sales.