Property Overview: 23 McDowell Drive
Key Characteristics & Appeal
This is a well-established, single-story home in Winnipeg's Eric Coy neighborhood, built in 1975 on a generous, mature lot of over 7,300 square feet. Its key features include a finished basement, an in-ground swimming pool, and a split garage. The home’s primary appeal lies in its spacious outdoor living space and recreational potential, anchored by the large yard and pool—a rare combination that offers a private retreat. With 1,244 sqft of living space, it provides comfortable, manageable single-level living.
The property’s value proposition is nuanced. While its interior size and age are modest compared to many area homes, it excels in its lot size and unique amenities. The data suggests it holds its value well, with an assessed value ranking significantly higher than its peers across Winnipeg. This home would ideally suit buyers looking for a established neighborhood character, who prioritize private outdoor space and leisure amenities over a large or modernized interior. It’s a strong fit for a family seeking a summer oasis in their own backyard or for those who enjoy entertaining, with the understanding that the home itself may benefit from personal updates over time.
Frequently Asked Questions
1. How does the age of the home (1975) impact its condition and potential costs?
As a 51-year-old property, buyers should budget for updates to major aging components like the roof, windows, or HVAC system. A thorough home inspection is essential. However, the home’s established nature also means it’s situated in a mature neighborhood with fully developed landscaping.
2. What are the ongoing costs and considerations for the swimming pool?
The pool is a major luxury but requires seasonal maintenance, additional insurance, and utility costs for heating and filtration. Prospective buyers should factor in these recurring expenses and may want to have the pool equipment and structure professionally inspected.
3. The home ranks lower for size within its own street. Does this matter?
This indicates the home is among the more compact on its block, which can be an advantage for lower utility costs and less upkeep. It suggests the street may have a mix of home sizes, and the value here is directed more toward the land and amenities rather than sheer square footage.
4. What does the "split garage" configuration mean?
Typically, this describes a garage separated into two distinct bays, often side-by-side but sometimes configured in a way that limits the width of each opening. It’s important to verify the exact dimensions to ensure your vehicles or storage needs will fit comfortably.
5. The assessed value ranking is strong city-wide. What does this indicate?
The assessment ranking in the top 24% for Winnipeg suggests the municipal assessor views the property’s overall package—land size, improvements, and amenities—as holding substantial value compared to the broader market. This is a positive indicator for the property’s underlying equity and resale potential, even if some interior metrics are more average.