Property Overview: 4414 Eldridge Avenue, Winnipeg
Key Characteristics & Appeal
This is a distinctive, one-storey home in Winnipeg's Eric Coy neighbourhood, built in 1961. Its defining feature is an exceptionally large, half-acre lot (21,801 sqft), which places it in the top 1% of properties by land size across the entire city. The home itself offers 1,127 sqft of living space with a finished basement and a detached garage.
The primary appeal lies in the rare combination of a manageable, single-level home on a vast, private parcel of land. It suits buyers looking for space, privacy, and potential without the upkeep of a massive house. It would be ideal for someone wanting extensive garden space, room for hobbies or workshops, or future expansion. The property also represents a solid value proposition within its community, with an assessed value that is competitive for the area. A less obvious perspective is that while the home is older, its expansive lot in a mature neighbourhood offers a level of permanence and greenery that is increasingly scarce, appealing to those prioritizing outdoor living over a brand-new build.
Frequently Asked Questions
1. What does the "top 1% in Winnipeg" ranking for land size actually mean?
It means this property's lot is larger than 99% of all residential lots in Winnipeg, offering a rare amount of private outdoor space that is difficult to find within the city.
2. The home was built in 1961. What should I consider?
While the structure is solid and from a period known for durable construction, a thorough inspection is recommended to understand the condition of major systems like plumbing, electrical, and the roof, which may be due for updates or replacement.
3. Who is the most likely buyer for this property?
It perfectly suits downsizers or empty-nesters who want single-level living but don't want to compromise on yard space, as well as growing families or individuals who value room for gardening, recreation, or pets more than a large interior footprint.
4. How does the finished basement add value?
It effectively increases the usable living area beyond the 1,127 sqft main floor, providing flexible space for a family room, home office, or additional bedrooms, which is a significant asset for a one-storey home.
5. The lot is huge, but what about maintenance?
The sizable yard is a major benefit but requires consideration. It offers tremendous potential for landscaping, gardens, or even subdividing (subject to zoning), but also means more lawn care and seasonal upkeep compared to a standard city lot.