Property Overview
This 1976 one-storey bungalow in Eric Coy offers a practical, single-level layout with a fully finished basement, situated on a generous 6,421 sqft lot. Its key appeal lies in its established, quiet neighbourhood setting and the immediate move-in readiness provided by the finished lower level, effectively expanding the 1,194 sqft main floor living space. The split garage adds functional storage or workshop potential.
The property best suits first-time buyers, downsizers, or investors seeking a low-maintenance home without major renovations. Its above-average city-wide rankings for lot size and assessed value suggest solid fundamentals for the price point. A thoughtful perspective is that while the home ranks newer than most in Winnipeg, its age within its own street indicates it's among the older homes on the block, appealing to those who prefer mature streetscapes but should budget for era-appropriate updates. The very high lot size ranking in the community highlights a valuable outdoor space relative to many neighbours.
Frequently Asked Questions
1. How does the finished basement affect living space and value?
The finished basement significantly increases usable living area beyond the main floor square footage, offering flexibility for family, recreation, or guest space. It adds immediate functional value compared to unfinished basements in similar homes.
2. What should I consider given the home's age?
Built in 1976, prospective buyers should prioritize inspections for original major systems like roofing, windows, plumbing, and electrical, which may be nearing or past their typical lifespan. This is a key factor in maintenance budgeting.
3. The lot size ranking is very high, but the community ranking for the home itself is low. What does this mean?
This indicates the property's land is larger than most in Eric Coy, a definite asset. The lower overall home ranking likely reflects the modest main floor square footage and age compared to newer or larger houses in the wider community, highlighting a property where the land value is a significant component.
4. Is the split garage a benefit?
A split garage (typically a two-car garage divided into two single bays) offers more flexibility than a single large door, allowing for separate workshop or storage areas. It can be preferable for households with multiple drivers or hobbyists.
5. How informative are the provided "rankings"?
These rankings are useful comparative tools, not absolute grades. They show this home has a competitively large lot and assessed value within Winnipeg, but is smaller and older than many houses on its specific street. They help gauge how the property fits within its immediate and broader markets.