Property Overview: 4287 Eldridge Avenue
This well-situated one-storey home in Winnipeg's Eric Coy neighbourhood presents a practical and spacious living opportunity. Its primary appeal lies in the exceptional lot size—over 10,500 square feet—which is notably larger than most properties in the city, ranking within the top 5% for land area in Winnipeg. The home itself is a manageable 1,059 sqft bungalow from 1969, featuring a finished basement and a detached garage. While the interior living space is modest and the build date is older, the property's standout value is its expansive, blank-canvas yard. It suits buyers looking for outdoor potential, from gardening to future expansion, who are comfortable with a home that may require updates. It's also a fit for those seeking a stable, established community, as the property holds its value well in city-wide assessments.
Key Details & Questions
What are the key features of this home?
The defining feature is the very large 10,502 sqft lot. The house is a 1,059 sqft bungalow with a finished basement and a detached garage.
What is the property's condition and age?
The home was built in 1969 (57 years old). Buyers should budget for age-related maintenance and potential updates, though the finished basement adds immediate liveable space.
How does it compare to others in the area?
Its land size is its greatest competitive advantage, outperforming 95% of Winnipeg properties. The house itself is more modest in size and newerness compared to local neighbours.
What is the property's assessed value?
The total assessed value is $385,000. This assessment places it higher than 61% of all Winnipeg properties, suggesting stable municipal valuation.
Who would this property suit best?
It's ideal for buyers who prioritize outdoor space over a large interior. The lot offers rare potential for gardens, recreation, or future additions, making it appealing to hands-on owners, growing families wanting room to play, or long-term planners.