Property Summary: 25 Quinns Cove
Key Characteristics & Appeal
This is a spacious, well-established two-storey home in the Eric Coy neighbourhood, built in 1988. It sits on a large, approximately 9,461 sqft lot, offering ample outdoor space—a relative rarity that provides room for gardening, play, or future expansion. With 2,373 sqft of finished living space and a developed basement, the home caters to families needing multiple living areas and room to grow.
Its primary appeal lies in its above-average size and proven value retention. The home ranks in the top tier for lot size, living area, and assessed value compared to most of Winnipeg, placing it in a competitive position. The 2021 sale at $650,000, slightly above the current $617,000 assessment, suggests a stable market history. While not the newest on its street, its generous proportions and quiet cul-de-sac location in Quinns Cove offer a sense of space and privacy.
This property would best suit a buyer looking for a move-in ready family home with established landscaping and neighbourhood character, who prioritizes interior space and a large yard over a brand-new build. It’s for those who see value in a home that has been maintained over time and offers more substantial square footage for the price point compared to newer subdivisions.
Frequently Asked Questions
1. How does the age of the home (built 1988) affect its value?
While not a new build, the home's age is reflected in its established, mature setting. Key systems like the roof, windows, and furnace may be approaching or have undergone updates, so a thorough inspection is advised. Its age positions it as a more spacious alternative to newer, sometimes smaller, homes in a similar price range.
2. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Eric Coy, and across all of Winnipeg. They show its strengths: it’s notably larger than over 96% of Winnipeg homes and sits on a bigger lot than 93% of the city. This indicates you are getting above-average physical assets for the area.
3. The lot is large. What are the possibilities or restrictions?
A lot of this size (over 9,400 sqft) offers excellent potential for adding a deck, patio, or play structure. For any significant permanent additions like a garage or extension, you would need to verify zoning bylaws and setback requirements with the city.
4. Is the 2021 sale price relevant today?
It serves as a useful benchmark, showing the home’s market value three years ago. It indicates the property has held its value well, with the current assessment being close to that past sale price. However, current market conditions will ultimately determine today’s value.
5. What is the neighbourhood (Eric Coy/Quinns Cove) like?
Quinns Cove is a quiet cul-de-sac within the larger Eric Coy area. The data shows the home’s metrics (like size and value) rank very highly within the community, suggesting it is among the more substantial properties in this mature, family-oriented neighbourhood.