Property Overview
This is a well-situated, low-maintenance property in the Eric Coy neighbourhood. Built in 1996, it offers a practical living space of 1,319 sqft without the upkeep demands of a basement or a large yard. Its primary appeal lies in its strong relative standing within its immediate area. The home ranks in the top tier for size, value, and age compared to others on its street, suggesting it is a competitively sized and modernized option in a mature setting. It would particularly suit first-time buyers, downsizers, or investors seeking a turnkey property with a proven history of value stability in a convenient Winnipeg location.
Key Details & FAQs
Key Characteristics & Appeal:
This home presents a compelling case for efficient, community-oriented living. While it lacks a basement and garage, its appeal is rooted in its strong positional metrics within the established Eric Coy area. It ranks highly on its own street for living space, modern age (top 11%), and assessed value, indicating it is a larger and more contemporary offering among its direct neighbours. The 2019 sale price provides a clear recent benchmark. It suits buyers who prioritize location and manageable upkeep over expansive private amenities, offering a balance of space and simplicity in a sought-after neighbourhood.
Frequently Asked Questions:
1. What does the ranking data actually mean?
The rankings show how this property compares to others in three areas: its specific street, the wider Eric Coy neighbourhood, and all of Winnipeg. For example, ranking in the "top 8%" for size on its street means it is larger than 92% of the homes on Grant Avenue, a sign of good relative value in its immediate context.
2. Why is the community ranking for assessed value lower than the street ranking?
While the home is a high-value property on its specific street, the Eric Coy neighbourhood as a whole contains many homes with higher assessed values. This suggests the street may offer more affordability within a generally desirable area.
3. Is the lack of a basement or garage a major drawback?
It depends on your needs. It limits storage and utility space but also reduces maintenance responsibilities and potential issues like flooding. The ample living area (over 1,300 sqft) helps compensate, making it viable for those who don't require extensive storage or workshop space.
4. How current is the price information?
The detailed assessed value is $313,000 for tax purposes. The last recorded sale was $250,000 in November 2019. The current listing price is not provided in this data set and should be verified on the main listing.
5. What is the significance of the build year (1996)?
A 1996 build means major components like the roof, windows, and heating system are likely within or approaching typical replacement windows. However, it also means the home benefits from modern building standards compared to much older stock, ranking it newer than 94% of homes in Eric Coy.