Property Summary: 66 Addington Bay, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, two-storey family home in the Eric Coy neighbourhood, built in 1978. It sits on a large, 6,421 sqft lot, offering ample outdoor space—a notable advantage in a mature area. With 1,428 sqft of living space and a finished basement, it provides practical room for a growing household or those who value separate living and recreation areas. Its key appeal lies in its established setting and relative value; the home ranks above average in Winnipeg for both lot size and living area, suggesting a solid footprint for the price point. It would suit first-time buyers looking for a move-in-ready home with space to grow, or downsizers seeking a manageable house with a generous yard without the upkeep of a brand-new build. A thoughtful perspective is its "blank canvas" potential: while updated, a home of this vintage offers the opportunity to personalize and add value over time, appealing to buyers who see beyond current finishes.
Potential Buyer FAQs
1. How does the assessment value relate to the asking price?
The municipal assessment is $411,000. It’s important to note this is for tax purposes and reflects a past valuation date. The market-based asking price will consider current conditions, recent comparable sales, and the home’s specific features.
2. What are the pros and cons of a 1978 build?
Pros include sturdy construction, mature landscaping, and often larger lot sizes. Cons can include older mechanical systems (like the furnace or roof) that may need monitoring or updating, and energy efficiency that may not match a new home.
3. Is the finished basement included in the listed living area?
No. The 1,428 sqft refers to the above-grade living space. The finished basement provides additional usable square footage but is calculated separately.
4. What does the ranking data actually tell me?
The rankings show how this property compares to others in the immediate area and city. For example, ranking in the top 23% in Winnipeg for lot size is a significant advantage, while its lower ranking within its own community for value suggests it’s in a desirable, well-established part of Eric Coy.
5. What is the neighbourhood character of Eric Coy?
Eric Coy is a mature, family-oriented community in Winnipeg. It typically features a mix of well-kept older homes, parks, and local schools, appealing to those seeking a settled, residential atmosphere with a strong sense of community.