Property Overview
This 1,416 sqft home, built in 1996, is situated in Winnipeg's Eric Coy neighbourhood. Its primary appeal lies in its strong competitive positioning within its immediate area. The property ranks in the top tier for size and value on its street and within the broader community, suggesting it is a well-proportioned home in a desirable local context. It would particularly suit buyers looking for a move-in ready home in an established neighbourhood, who prioritize space and relative value over brand-new construction. A thoughtful perspective is that while its city-wide rankings for value are more moderate, its exceptional standing within its own community hints at a specific, localized appeal—perhaps due to lot size, street desirability, or the quality of immediate comparables. This makes it a potentially savvy purchase for someone committed to this specific area.
Key Details & FAQs
- Key Characteristics: Built in 1996. 1,416 sqft of living space. No basement. No garage.
- Appeal & Suitability: Its appeal is its strong performance relative to neighbouring homes, ranking in the top 6% for size and top 9% for assessed value on its street. It suits buyers seeking an established home with a proven, competitive footprint in the Eric Coy area.
- Assessment & Sale History: The municipal assessment is $309,000. It last sold in August 2023 for $294,000.
Frequently Asked Questions
1. Why is the community ranking so high if the value rankings are lower?
The home ranks extremely high (top 2%) for size on its street and within Eric Coy. This indicates it is a larger-than-average home for the area, which significantly boosts its overall community ranking, even as its assessed value per square foot may be more aligned with community averages.
2. Does "no basement" mean there is a crawl space or slab foundation?
The listing specifies "无地下室" (no basement). Prospective buyers should clarify with an inspection whether this means a crawl space or a concrete slab foundation, as this impacts storage and mechanical system access.
3. The home sold recently in 2023; what does this suggest?
The quick resale could indicate an investor flip, a change in owner circumstances, or potentially a previous purchase for renovation. It's advisable to review the listing history and any permits pulled during the last ownership period.
4. How should I interpret the strong street rankings but more average city rankings?
This is common and highlights that the home is a standout property on its specific street and within Eric Coy. The city-wide rankings include a vast array of property types and neighbourhoods. This profile suggests you are paying for the home's prime position within its micro-location.
5. Is the 2023 sale price relevant to today's value?
While it provides a recent data point, market conditions may have changed. The current assessed value of $309,000 offers another benchmark. A buyer's agent can provide a comparative market analysis (CMA) to determine its present market value.