Property Overview: 667 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home in the Eric Coy neighbourhood, built in 1954. Its primary appeal lies in its generous 7,419 sqft lot—a significant size that ranks within the top 14% of all properties in Winnipeg for land area. The home itself is modest at 790 sqft of living space, but it features a finished basement, adding functional space. It includes a split garage and sits on a quiet street.
The property presents a clear value proposition: it’s a land play with a liveable house. Its strongest rankings are for lot size and city-wide value (surpassing 86% and 44% of Winnipeg homes, respectively), while its interior space and age are more typical for the area. This would suit a buyer looking for a starter home with exceptional outdoor space, an investor interested in the lot's long-term potential, or a hands-on owner willing to live in the home while gradually updating it. Its appeal is grounded in practicality and the opportunity it offers, rather than in immediate modern finishes or size.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, ranking in the "top 14%" for lot size in Winnipeg means 86% of city homes have a smaller lot. It's a quick way to see where this property excels or is more average.
2. The house seems small. Is it suitable for a family?
With 790 sqft above grade, the living space is compact. The finished basement provides crucial additional room, making it more viable for a small family or a couple. The large yard is a major compensating feature for children or pets.
3. The home was built in 1954. What should I be concerned about?
As with any home of this age, systems like plumbing, electrical, and the roof should be carefully inspected. Its age is older than most in the immediate area and city, so a thorough inspection is essential to understand any needed updates or maintenance.
4. Why is the assessed value ranking lower than the lot size ranking?
The assessed value reflects the current condition and size of the home itself, not just the land. The modest living area and older age temper the valuation, suggesting the city sees significant value in the lot with a home that may require investment.
5. What is the potential here for the future?
The large lot is the key asset. It offers ample space for gardening, expansion (subject to zoning), or future redevelopment. For the right buyer, this property is a foundation—a comfortable starter home with the land to support a much larger future home or investment.