62 Deerpark Drive

Property Overview

62 Deerpark Drive is a substantial two-storey home in Winnipeg's Eric Coy neighbourhood, built in 1987. Its primary appeal lies in offering significant space and land in a mature setting. The home features nearly 2,900 sqft of living area and sits on a large, third-of-an-acre lot (over 14,300 sqft), providing ample room both indoors and out. It includes a basement (unfinished, offering storage or future expansion potential) and an attached garage.

The property’s standout characteristic is its consistently high ranking across key metrics compared to local and city-wide benchmarks. It places in the top tier for lot size, living area, and assessed value within its street, neighbourhood, and the entire city of Winnipeg. This indicates a home that is notably larger and more valuable than most surrounding properties. It would particularly suit buyers looking for a spacious family home with room to grow, who value established communities and the potential to customize an unfinished space to their own taste. The very large lot also appeals to those desiring privacy, gardening space, or outdoor recreation room.

Frequently Asked Questions

1. What does the ranking system mean?
The rankings show how this property compares to others in its immediate street, wider neighbourhood, and all of Winnipeg. For example, ranking in the "top 2%" for lot size in Winnipeg means 98% of city homes sit on smaller lots. It's a quick way to see this home's competitive advantages in terms of scale and value.

2. Is the unfinished basement a drawback or an opportunity?
This depends on the buyer's perspective. It means the home lacks additional finished living space currently, which some may see as a minor inconvenience. However, it also presents a clean slate to create exactly the space you need—a rec room, home gym, or additional bedrooms—without needing to demolish existing finishes, potentially adding significant future value.

3. The home was built in 1987. What should I consider?
As a home from the late 1980s, prospective buyers should anticipate components like the roof, windows, and major mechanical systems (furnace, water heater) nearing or entering their typical lifespans. A thorough inspection is advised to understand the condition and any upcoming maintenance, which is common for homes of this era.

4. Who would this property not suit as well?
It may not be ideal for those seeking a low-maintenance, turn-key property with fully developed living space, as the unfinished basement requires additional investment. The size of the home and lot also implies more upkeep for cleaning, utilities, and yard work compared to a smaller property.

5. How does the large lot size impact the ownership experience?
Beyond privacy and space, a lot of this scale (over 14,000 sqft) offers rare potential in a city for additions like a large shed, sport court, or extensive landscaping. It also likely contributes significantly to the property's assessed value. However, it also means higher property taxes compared to a standard lot and requires more time or resources for lawn care and seasonal maintenance.