Property Overview
This 1976 one-storey home in Eric Coy offers a practical, grounded living option. Its key appeal lies in a generous 6,660 sqft lot, providing significant outdoor space that is increasingly rare, especially for a single-level home. The property features a finished basement, adding valuable living area to the 1,229 sqft main floor. While the home ranks lower on size and recent sale value within its immediate street, it shows stronger standing in broader Winnipeg comparisons for lot size and assessed value, suggesting its underlying land is a major asset. It suits buyers looking for a manageable single-level layout with room to garden, entertain, or expand outdoors, and who see potential in a home that may benefit from updates. A thoughtful perspective is that this property represents a trade-off: you gain a large yard and the simplicity of one-floor living, but within a home whose interior size and modern finishes may require compromise or future investment.
Key Details & FAQs
- Key Characteristics: 1,229 sqft one-storey home with a finished basement on a large 6,660 sqft lot. Built in 1976.
- Primary Appeal: The very large lot for the home style, providing ample private outdoor space. The finished basement adds flexible living area.
- Ideal Buyer: Best suited for buyers prioritizing yard space over interior square footage, those seeking single-level living, or value-oriented purchasers comfortable with a home that may need modernization.
Frequently Asked Questions
1. How does the large lot size impact value?
The lot is a standout feature, ranking in the top 20% across Winnipeg for size. This is a significant asset, offering privacy, expansion potential, and outdoor utility that can outweigh a smaller interior footprint for the right buyer.
2. The home seems small compared to others on the street. Is that a concern?
The living area is indeed more modest than most neighbours' homes. This suggests the property may appeal to different needs—like downsizers or those seeking less maintenance—but it's important to ensure the layout and room sizes meet your requirements.
3. What does the finished basement include?
The listing confirms the basement is finished but does not specify the rooms or condition. Viewing is essential to assess the quality, ceiling height, natural light, and how it integrates with the home's overall living space.
4. The 2019 sale price was lower than the current assessment. What does this indicate?
The assessed value has risen since the last sale, which is common. The assessment considers broader market trends and the property's attributes (like the large lot). The actual market value will be determined by current conditions, the home's present state, and buyer competition.
5. There's no garage. How does that affect daily life in this area?
This means relying on driveway parking. For a single-level home, this can simplify access, but consider winter conditions, vehicle security, and storage needs. The large lot does offer potential for adding a garage or shed, subject to local bylaws.