Property Overview & Key Characteristics
This two-storey home in Eric Coy is defined by its generous scale and established presence. Sitting on a large, approximately 19,000 sqft lot, the property offers substantial outdoor space that is rare in the city. The 2,183 sqft living area is notably spacious, ranking in the top 10% of homes locally. Built in 1976, the home includes a finished basement and an attached garage. Its appeal lies in this combination of ample interior room and expansive grounds, providing a canvas for family living, gardening, or future expansion. The property’s value is underscored by an assessed value that places it well above average for Winnipeg.
This home would best suit buyers looking for a long-term family home with room to grow, or those who prioritize private outdoor space over a brand-new build. It’s a property for someone who sees value in established neighborhoods and is prepared to steward a home with a 50-year history, potentially updating interiors to their taste over time. The exceptional lot size is its standout feature, offering possibilities that newer subdivisions typically cannot match.
Frequently Asked Questions
1. What does the high ranking for lot size actually mean?
The property’s lot is in the top 2% for size across Winnipeg, meaning it offers a significantly larger yard than the overwhelming majority of homes in the city. This is its most distinctive competitive advantage.
2. The home was built in 1976. What should I consider?
While the structure is 50 years old, its rankings show it is newer than many homes in its immediate area. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems like roof, plumbing, and electrical, which may be original or have been updated over the decades.
3. How does the finished basement factor into the living space?
The 2,183 sqft living area likely includes the finished basement. It’s important to clarify the layout, ceiling height, and quality of the finish to understand how functional and integrated this space is with the main home.
4. The assessment value is $562,000. Is that the expected sale price?
Not necessarily. The assessed value is for municipal tax purposes. The market sale price can be higher or lower based on current market conditions, the property’s exact state, and buyer demand for such a large lot.
5. What are the less obvious pros and cons of such a large lot?
A major pro is unparalleled privacy and space for recreation, gardens, or additions. The primary con is the corresponding maintenance—lawn care, snow clearing, and landscaping require significant time, equipment, or expense. Utility costs for heating/cooling a larger, older home should also be budgeted for.