Property Overview: 596 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on an exceptionally large, nearly 20,000 sqft lot in the Eric Coy neighbourhood. Built in 1959, the 1,077 sqft residence features a finished basement and ranks in the top 1% of all Winnipeg properties for lot size, offering a rare degree of privacy and outdoor potential within the city. Its appeal lies in this substantial land holding rather than the size or newness of the house itself. The property suits buyers looking for a solid, no-frills home with unparalleled space for gardens, recreation, or future expansion. It’s ideal for those who value land over luxury, such as multi-generational families, hobbyists, or long-term holders who see the value in a property where the true asset is the ground it sits on. A thoughtful perspective is that this home represents a "blank canvas" opportunity; while the structure is modest, the lot's ranking suggests a unique chance to create a private oasis or invest in a land-rich asset that is increasingly scarce in urban areas.
Frequently Asked Questions
1. What is the true standout feature of this property?
The lot size is the defining characteristic. At 19,805 sqft, it is larger than 99% of residential properties in Winnipeg, offering exceptional outdoor space.
2. What should I consider about the house itself?
The home is a 67-year-old, single-storey bungalow with 1,077 sqft of living space. Its rankings indicate it is more modest in size and newer amenities compared to many area homes, so buyers should be prepared for potential updates.
3. How does the property’s value compare to the area?
With a current assessed value of $395,000, it ranks higher in value than 64% of Winnipeg homes but is in the lower third for its immediate street. This suggests the large lot is a significant value driver relative to the neighbourhood's typical offerings.
4. Is there a garage or pool?
No, the property listing specifies there is no garage and no swimming pool.
5. What does the sale history tell us?
It last sold in October 2019 for $358,000. The current assessment suggests market growth, but the previous sale price ranked in the lower half city-wide, further highlighting that the lot's value is a primary and potentially appreciating component.