Property Overview & Key Characteristics
This is a distinctive, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1959. Its primary appeal lies in its exceptional scale and privacy. The property sits on a massive, nearly three-quarter-acre lot (35,351 sqft), which ranks in the top 1% of all residential lots in Winnipeg for size. The home itself is spacious at 2,520 sqft of living space, placing it in the top 2-3% locally. Key features include a finished basement, an in-ground pool, and an attached garage.
The appeal here is for a buyer seeking a rare combination of urban convenience and a sprawling, private retreat. It suits someone who values expansive outdoor space for gardening, recreation, or future expansion more than a modern floor plan. The pool adds a resort-like amenity but also implies seasonal maintenance. Given the home's age (67 years), its charm is rooted in its generous proportions and land, making it ideal for a buyer comfortable with the character and potential updates of a well-established property, rather than someone seeking a new, turn-key build. The consistently high rankings for lot size, living area, and assessed value against local comparables underscore its standout nature in the market.
Frequently Asked Questions
1. What does the high ranking for lot size actually mean?
It means this property's land area is larger than 99% of all residential properties in Winnipeg, offering a level of privacy and space that is extremely rare within the city.
2. The home was built in 1959. What should I consider?
While the structure is solid and offers generous room sizes, a home of this age will likely have original or older components (like plumbing, electrical, or windows). Budgeting for updates and a thorough inspection are essential. Its lower "newness" ranking reflects its vintage, not its condition.
3. Is the pool a major factor in the value?
It's a significant lifestyle amenity that enhances the property's summer appeal and entertainer-friendly layout. However, it also represents ongoing maintenance, insurance considerations, and seasonal opening/closing responsibilities that factor into annual upkeep costs.
4. Who is the most likely buyer for this property?
It perfectly suits a multi-generational family, an avid entertainer, or a buyer whose priority is land and space over a newly constructed home. It's also a strong candidate for someone looking for a property with future redevelopment potential due to its lot size.
5. The assessed value is high for the area. Is that accurate?
The assessment ($779,000) ranks in the top 2% locally, reflecting the combined value of the large home and, more significantly, the exceptionally large lot. It indicates the city's official valuation is significantly above the neighbourhood average, which is a key data point for both buyers and sellers.