Property Overview: 4914 Eldridge Avenue
Key Characteristics & Appeal
This is a distinctive, single-storey home on an exceptionally large, nearly half-acre lot in Winnipeg's Eric Coy neighborhood. Built in 1969, its primary appeal lies in the remarkable scale and potential of its land—at 19,492 sqft, the property ranks in the top 2% of all lots in Winnipeg for size. The home itself offers 1,400 sqft of living space with a finished basement and a detached garage. While the house is of average size for its area and its build year is older than most on its street, the lot presents a rare opportunity for expansion, gardening, or outdoor recreation that is hard to find within the city.
Its value is further underscored by a strong assessed value ranking, placing it in the top 15% of its street and top 19% city-wide. This property would perfectly suit buyers who prioritize private outdoor space over a brand-new home. It’s ideal for families seeking room for children and pets to play, for hobbyists or gardeners dreaming of a large yard, or for long-term buyers who see the potential to eventually expand or redevelop on a premier lot. It offers a balance of a solid, functional home with a truly standout piece of land.
Frequently Asked Questions
1. What does the "finished basement" include?
The listing confirms a finished basement but does not specify the rooms or finish level. A viewing is essential to assess the layout, ceiling height, and quality of the finish to understand the additional living space it provides.
2. How does the older construction year (1969) affect the home?
While the home ranks as newer than nearly half of all Winnipeg houses, it is older than most on its specific street. This suggests that proactive maintenance and potential updates to major systems (like roof, windows, or plumbing) should be factored into planning. The trade-off is the exceptional lot size that newer homes in the area rarely offer.
3. Is the large lot size a benefit for future expansion?
Absolutely. The lot's size is its most competitive feature. It provides unusual flexibility for adding a large addition, building a detached workshop or garage, or creating extensive landscaping. It's wise to check with the city regarding zoning bylaws and setback requirements for any future plans.
4. What is the neighborhood (Eric Coy) like?
The property ranks highly within the Eric Coy community for lot size and value. To get a true feel, prospective buyers should visit at different times of day. The very large lot also means your immediate outdoor experience will be more private and self-contained than in tighter subdivisions.
5. Why is the assessed value ranking so much higher than the build year ranking?
This highlights where the property's worth truly lies. The assessment reflects the combined value of the land and the structure. The high value ranking, despite an average age ranking, strongly indicates that the extraordinary lot size is a major driver of its market value and appeal.