Property Overview & Key Characteristics
This 1976-built, single-story home in Winnipeg’s Eric Coy neighbourhood offers a well-established and private setting on a large 7,523 sqft lot. Its key appeal lies in its combination of generous indoor and outdoor living spaces, featuring a fully finished basement, an in-ground pool, and an attached garage. With 1,618 sqft of living space, it ranks above average in size for its area. The property’s overall assessed value ranks highly, placing it in the top tier of homes locally, which suggests a solid and desirable investment in a mature community.
The home is ideally suited for buyers looking for a move-in ready property with established landscaping and recreational amenities. It would particularly appeal to families or entertainers who value private outdoor space and a pool, or to those seeking a single-level layout. A thoughtful perspective is that while the home is 50 years old, its high percentile rankings for value and lot size indicate it has been maintained as a premium property within its vintage, offering more space and privacy than many newer builds in the city.
Frequently Asked Questions
1. How does the age of the home (built in 1976) factor into its condition and potential costs?
While the home is 50 years old, its above-average assessed value ranking suggests it has been well-maintained and updated. Buyers should still budget for routine maintenance expected of a mature home and consider a thorough inspection of major systems like roofing, plumbing, and the pool equipment.
2. What is the significance of the provided percentile rankings?
These rankings compare the home to others on its street, in Eric Coy, and across all of Winnipeg. For example, ranking in the top 13% city-wide for lot size means it offers more land than 87% of Winnipeg properties, a key marker of privacy and value.
3. Is the pool a major factor in maintenance and insurance?
Yes, an in-ground pool adds to the lifestyle appeal and summer enjoyment but also requires seasonal opening/closing, regular cleaning, and chemical maintenance. It may also influence home insurance premiums.
4. What type of neighbourhood is Eric Coy?
Eric Coy is an established, mature neighbourhood in Winnipeg. The home’s rankings show it sits on a street where properties are generally larger and more valuable than many in the wider community, indicating a desirable pocket within the area.
5. Does the finished basement add significantly to the living space?
Yes, the 1,618 sqft living area includes the finished basement, providing additional flexible space for recreation, guests, or storage, which is a valuable asset for growing families or those who work from home.