Property Overview: 111 McDowell Drive, Winnipeg
Key Characteristics & Appeal
This 1983-built, single-storey home sits on a large, 7,512 sqft lot in the Eric Coy neighbourhood. Its key features include 1,638 sqft of living space, a finished basement, and an attached garage. The property’s primary appeal lies in its above-average space and established setting. It offers more land than 87% of Winnipeg homes and more living area than 79%, providing room to grow or relax in a mature community.
Its value is underscored by a municipal assessment of $499,000, which ranks higher than over 80% of city homes. While the house itself is 43 years old, its construction year is newer than most in its immediate area, suggesting a well-maintained property in a settled streetscape. The appeal is practical and grounded: a spacious, ready-to-live-in home without the premium of a brand-new build. It would suit buyers looking for a generous yard, single-level living (or the potential to add a second floor), and a solid property in a non-flashy, established area. It’s a strong candidate for families, multi-generational households, or anyone prioritizing indoor and outdoor space over a brand-new renovation.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg for metrics like size, age, and assessed value. For example, ranking "in the top 13%" for lot size in Winnipeg means 87% of city homes have smaller lots. It’s a quick way to see how this home stacks up objectively.
2. Is the finished basement included in the 1,638 sqft living area?
Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional rooms without increasing the official square footage calculation.
3. The home is older—should I be concerned about major repairs?
While the 1983 build is not new, it ranks newer than most on its street. This can indicate that major neighbourhood infrastructure (like sewers and roads) is well-established and that the home may have benefited from updates over time. A thorough inspection is always advised to assess the roof, windows, and mechanical systems.
4. Who would this property NOT suit?
Buyers seeking a modern, open-concept layout or a brand-new, maintenance-free home might find the 1980s floor plan and potential for updates less appealing. It’s also not for those wanting a small, low-maintenance yard.
5. How does the assessed value relate to the likely selling price?
The $499,000 assessment is for municipal tax purposes and reflects a government valuation. The market price is determined by current buyer demand, recent sales of comparable homes, and the property's condition. The assessment is a useful benchmark, not a guaranteed sale price.