Property Overview
This 1978-built, one-storey home in Eric Coy offers a practical layout with 1,404 sqft of living space on a generous 6,419 sqft lot. Its key features include a fully finished basement and an attached garage. The appeal lies in its established neighbourhood setting and the significant value of the large, private yard—a rarity that provides ample space for gardening, play, or future expansion. It suits first-time buyers seeking a solid starter home with room to grow, or downsizers looking for a manageable single-level layout without sacrificing outdoor space. A thoughtful perspective is its strong relative ranking for lot size within Winnipeg (top 23%), which suggests a lasting investment in land value that newer subdivisions often can't match. While the interior footprint is modest, the finished basement effectively doubles the usable living area, making it more functional than the main floor square footage alone implies.
Frequently Asked Questions
1. How does the age of the home affect maintenance?
Built in 1978, major systems like the roof, windows, or furnace may be at or nearing the end of their typical lifespan. A thorough inspection is recommended to budget for potential updates, though the home's age is reflected in its price point.
2. What is the significance of the provided rankings?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. For example, its lot size ranks in the top 23% city-wide, indicating a larger-than-average yard, while its building age is newer than 61% of Winnipeg homes.
3. Is the finished basement included in the 1,404 sqft living area?
No. The 1,404 sqft refers to the above-ground living area. The finished basement provides additional, valuable space that is not counted in that official figure.
4. What type of neighbourhood is Eric Coy?
Eric Coy is a mature, established community in Winnipeg. The rankings show the home's lot size and age are competitive within the neighbourhood, suggesting a mix of well-kept older homes on sizable lots.
5. Why is the assessed value important?
The $443,000 assessed value provides a benchmark for municipal property taxes and can be a factor in financing. It is based on a mass appraisal system and may differ from the current market value, which is ultimately determined by buyer demand.