Property Overview & Key Characteristics
This 1977-built, two-storey home in Eric Coy offers a well-established and spacious living environment on a large, nearly 7,000 sqft lot. Its primary appeal lies in its generous proportions, both in its 1,918 sqft of finished living space and its expansive yard, providing room to grow and relax. The home features a finished basement, adding valuable flexible space. Its competitive rankings are noteworthy: it sits in the top 12% of Winnipeg homes for living area and the top 18% for lot size, offering more space than most comparable properties in the city. The appeal is grounded in practicality and space rather than modern luxury, suited for buyers who prioritize room over recent renovations.
This property would be an excellent fit for a growing family seeking an affordable entry into a mature neighbourhood with sizable lots, or for value-conscious buyers who see potential in a solid, spacious home that may benefit from personal updates over time. Its strong rankings for space against local and city-wide benchmarks suggest it's a "more house for your money" proposition in its area.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, being in the "top 12%" for living area in Winnipeg means 88% of homes in the city are smaller. It's a quick way to see this home's competitive advantages, primarily its above-average interior and lot size.
2. Is the 1977 build year a concern?
While nearly 50 years old, the home is not among the oldest in its immediate area (ranking newer than 64% on its street). Buyers should budget for expected maintenance and updates common to homes of this era, such as windows, roofing, or mechanical systems, but can also appreciate the character and established landscaping of a mature property.
3. There's no garage. How big of an issue is this?
The lack of a garage is a significant consideration, especially given Winnipeg's climate. Buyers should factor in the cost and space for adding a garage or carport in the future, or be comfortable with street parking. The large lot does provide the space to potentially add one, subject to local bylaws.
4. The home ranks highly for space but lower for value. Why?
The assessment value ranking is lower than the size rankings, meaning there are many similarly priced homes with less space. This can indicate a few things: the interior may require modernization, the layout could be traditional, or the market is pricing in the lack of a garage. It underscores the home's value as a spacious canvas.
5. What's the neighbourhood (Eric Coy) like?
Eric Coy is a established, family-oriented neighbourhood in Winnipeg. Homes from the 1970s on larger lots are common. The rankings show this home is very typical for the area in age and value, but stands out for its larger-than-average lot and living area within the community, offering a bit more privacy and room.