Property Overview
This 1987-built, one-storey home in Winnipeg’s Eric Coy neighbourhood presents a compelling blend of space, established character, and strong relative value. Its key appeal lies in its exceptionally large, approximately 10,800 sqft lot, which places it in the top 5% of all properties in Winnipeg for land size. This offers rare potential for gardening, expansion, or outdoor recreation within the city. The 1,520 sqft living area is above average, complemented by a finished basement and an attached garage.
The home’s data reveals a less obvious strength: its condition and value appear well-regarded within its immediate area. It ranks in the top 14% of its street for assessed value and the top 5% for its newer build year compared to neighbours, suggesting it has been maintained well relative to nearby properties. This is a home that would particularly suit buyers looking for a generous yard in a mature community, who value established gardens and neighbourhoods over brand-new construction. It’s also a strong candidate for those seeking a property with above-average metrics for its specific locale, indicating a solid footing in its micro-market.
Frequently Asked Questions
Q: How significant is the lot size, really?
A: At nearly a quarter of an acre, it's substantial for Winnipeg. This is the property's standout feature, offering privacy and space uncommon in many city neighbourhoods.
Q: The home is 39 years old. What should I consider?
A: While major systems like roof, windows, or furnace may be due for updates or replacement, the home ranks newer than 95% of houses on its street, suggesting it may be in relatively younger company within its immediate area.
Q: The community ranking for size is middle-of-the-pack. Does that matter?
A: It provides context. While the lot is huge city-wide, within the specific Eric Coy area, large lots are more common. This means you get the space without being an outlier, potentially fitting well into the neighbourhood's character.
Q: What does the high assessment value ranking indicate?
A: Ranking in the top 14% on its street for assessed value suggests the municipal assessment views this property more favourably than most around it, often reflecting factors like lot size, condition, and improvements.
Q: Is the finished basement included in the 1,520 sqft living area?
A: Typically, municipal living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional space like family rooms or extra bedrooms not captured in that main figure.