Property Overview: 67 Alenbrook Bay, Winnipeg
Key Characteristics & Appeal
This is a well-established, spacious family home in the Eric Coy neighbourhood, built in 1977. Its primary appeal lies in its generous scale and lot size. With over 1,600 sqft of living space and a large 8,211 sqft lot, it offers significant room both indoors and out, ranking in the top tiers for size within Winnipeg. The property features a one-and-a-half-storey layout with an unfinished basement, presenting a classic canvas with room for personalization.
Its strongest suit is space and value. The home sits on a lot that is substantially larger than most in the city, a rare find that provides privacy, gardening potential, and room for expansion or outdoor living. It would suit buyers looking for a "bones and land" opportunity—those who value square footage and a large yard over turn-key modern finishes. It's ideal for a growing family seeking space in a mature community, or for a handy buyer who sees potential in customizing the unfinished areas over time. A less obvious perspective is its appeal to multi-generational living plans; the large lot and unfinished basement offer clear potential for creating separate suites or additions, subject to municipal approvals.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is a mature, established community in Winnipeg. The property rankings show it is in a quieter area with homes of similar vintage, offering a stable residential setting.
2. Is the basement usable in its current state?
The basement is noted as "unfinished." It provides valuable extra space for storage or utilities, but any finished living area would require investment and proper permits to develop.
3. How does the assessed value relate to the price?
The current assessed value is noted as $380,000. It's important to discuss with your agent how this municipal assessment compares to current market conditions and the seller's asking price, as they can differ.
4. The home is nearly 50 years old. What should I consider?
While the structure offers great space, a home of this age will likely have original or aging components (like roof, windows, plumbing, or electrical). A thorough home inspection is essential to understand the condition and plan for any updates or maintenance.
5. Why did it sell for $415,000 in 2020, and what does that mean now?
The 2020 sale price is a historical data point. It can indicate the home's past market value, but current value is driven by today's market dynamics, the property's present condition, and recent comparable sales. Your real estate professional can provide a current comparative market analysis.