179 Mcdowell Drive

Property Overview: 179 McDowell Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated bungalow in Eric Coy offers a classic and practical living format. Its key feature is a generous, nearly 8,800 sqft lot, providing ample outdoor space that ranks highly within the wider city. The home itself is a manageable 1,351 sqft one-storey layout with a finished basement and an attached garage, presenting a low-maintenance footprint. Built in 1976, it strikes a balance between established character and modern usability.

The appeal lies in its space and stability. The large lot is a significant asset for gardening, recreation, or future expansion, offering a level of privacy and room that is increasingly rare. The home’s rankings reveal a compelling perspective: while its interior size and assessed value are fairly typical for its immediate area, its land size is exceptional on a city-wide scale, suggesting the property’s true value is anchored in its land. This property would suit first-time buyers seeking a move-in-ready home with room to grow, downsizers looking for single-level living without sacrificing yard space, or pragmatic investors attracted by the fundamental value of a large lot in a stable neighborhood.

Section 2: Frequently Asked Questions

1. What is the significance of the provided rankings?
They show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, the lot size ranks in the top 9% city-wide, which is a standout feature, while the home’s assessed value is more modest relative to its neighbors.

2. Is the finished basement included in the 1,351 sqft living area?
Typically, "living area" refers to above-grade, heated space. The 1,351 sqft likely refers to the main floor, with the finished basement providing additional living space not reflected in that primary square footage.

3. What are the potential considerations with a 50-year-old home?
While offering established charm and mature landscaping, a home of this age may have original components, like the roof, windows, or major systems, that are nearing or due for updates. A thorough inspection is advised to plan for future maintenance.

4. How does the assessment value relate to the likely listing price?
The assessment value of $432,000 is for municipal tax purposes. The listing price will be set by the current market, which often places a premium on desirable features like this property's very large lot.

5. What is the community of Eric Coy like?
Eric Coy is a mature, established neighborhood in Winnipeg. The rankings indicate this street and area have a mix of home sizes and values, suggesting a diverse and settled community with good access to city-wide amenities.