Property Summary: 47 McDowell Drive
Key Characteristics & Appeal
This is a substantial, well-established family home in Winnipeg's Eric Coy neighbourhood, built in 1987. Its primary appeal lies in offering generous space both indoors and out, with a rare combination of features for the area. The home boasts over 2,600 sqft of living space, a large 11,860 sqft lot, a finished basement, an in-ground pool, and an attached garage. The data underscores its standout nature: it ranks in the top 5-10% of its street for size, value, and age, and is in the top 2-5% of the entire city for living area and assessed value.
The property suits buyers looking for a move-in ready, spacious home with established landscaping and recreational amenities already in place. It’s ideal for a family seeking room to grow and entertain, or for those who value the privacy and potential of a large yard. A less obvious perspective is its appeal to a buyer who appreciates a home that has already accrued significant equity and stature within its community, as evidenced by its high percentile rankings. It represents a "complete package" rather than a fixer-upper project.
Frequently Asked Questions
1. How does the age of the home (built 1987) factor into its value?
While 39 years old, the home ranks newer than 94% of houses on its street and 72% in Winnipeg, indicating it's in a mature neighbourhood with well-established homes. Buyers should plan for updates consistent with its era but can be confident it's not an outlier in terms of age for the area.
2. What does the "finished basement" entail?
The listing confirms the basement is finished, adding to the home's considerable living space. Prospective buyers should inquire about the specific finish quality, ceiling height, and any moisture-proofing details during a viewing.
3. Is the pool a major value factor?
The private in-ground pool is a significant amenity that enhances summer livability and entertainment value. It appeals to specific buyers but also requires consideration for ongoing maintenance, insurance, and safety compliance.
4. Who is the typical buyer in this ranking bracket?
Homes ranking in the top 3-5% of the city for size and value typically attract move-up buyers, executive families, or those relocating who prioritize space, established prestige, and premium lot size over a brand-new build.
5. The community rank is lower than street/city ranks. Why?
The home ranks in the top 51% within Eric Coy, but in the top 4% city-wide. This suggests the immediate neighbourhood itself is highly desirable and competitive, filled with other large, valuable properties. It performs exceptionally well overall but faces stiff comparison from similar high-calibre homes nearby.