Property Overview: 98 John Duncan Drive, Canterbury Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1997, presents a solid and practical offering in the Canterbury Park neighbourhood. Its key features include an attached garage and a renovated basement, adding valuable functional space. The home’s primary appeal lies in its balanced, move-in-ready profile within a mature community.

Statistically, the property holds a position of relative strength. It is newer than most homes in Winnipeg and sits on a lot that is spacious for its immediate street. While the living area is typical for the area, the renovated basement effectively expands the usable square footage. The most recent sale price in 2022 was above average for the street, city, and neighbourhood, indicating recognized value.

This home would suit first-time buyers or small families looking for a established area without the maintenance concerns of an older property. It’s also a sensible choice for value-conscious buyers who appreciate a home that ranks well against city-wide benchmarks for its age and lot size, offering a foundation for long-term equity in a neighbourhood setting.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others?
The land area of approximately 4,394 sq ft is below average for John Duncan Drive itself but is around the city-wide average. This suggests a well-sized yard for the area, potentially offering more privacy or space than newer subdivisions, while not being overly burdensome to maintain.

2. What does the "above average" city-wide assessed value indicate?
While the assessed value is around average for the immediate area, ranking "above average" city-wide suggests the property is in a desirable bracket compared to all Winnipeg homes. This often reflects the combined value of its lot, newer build year (1997), and the renovated condition.

3. The home sold for $470k in 2022 but had a prior sale of $35k. What explains this?
The 2016 sale price of $35,100 is not indicative of market value. This typically represents a title transfer between family members, a corporate transfer, or a sale of only a partial interest in the property, not an arms-length market transaction. The 2022 sale price of $470k is the relevant market benchmark.

4. Is the living space of ~1,400 sq ft sufficient for a family?
The living area is standard for the neighbourhood and era of home. The key consideration is the renovated basement, which significantly adds to the functional living area. Buyers should view the total usable space—main floors plus finished basement—as the true measure of capacity.

5. What is the significance of the home being "newer" than most in Winnipeg?
With a 1997 build year, this home is above the city-wide average (1966). This is a practical advantage, typically meaning more modern wiring, plumbing, insulation standards, and potentially fewer major system replacements (like roof or windows) in the near term compared to much older stock.