Property Overview
This property is a spacious, well-established family home that stands out for its generous scale and prime positioning within Winnipeg. Built in 1998, the two-storey residence sits on an exceptionally large, nearly half-acre lot (over 19,000 sq ft) in the Eric Coy neighbourhood. The home itself offers over 2,000 sq ft of living space, a finished basement, an attached garage, and the rare feature of a private swimming pool.
Its appeal lies in the combination of substantial land, modern-enough construction, and top-tier rankings. The data shows it outperforms the vast majority of Winnipeg homes in key metrics: it's in the top 3% for assessed value, the top 8% for living area, and the top 2% for lot size city-wide. This isn't just a big house; it's a property with statistically proven premium attributes in its class.
This home would best suit buyers looking for long-term family living with ample room for recreation, gardening, or expansion. It’s ideal for those who value space and privacy over a brand-new build, and who appreciate a home that already has premium features like a pool and finished basement. It’s a strong match for established professionals or multi-generational families seeking a property with undeniable equity and stature in the market.
Key Questions for Consideration
1. What does the high assessment value relative to the purchase price indicate?
The home's municipal assessment is notably strong, placing it in the top 6% of its street and top 3% city-wide. This often reflects the city's recognition of the property's premium lot size, improvements, and overall value, which can be a positive indicator for long-term value retention and equity.
2. Are there any considerations with a 28-year-old home and a pool?
While the home is modern compared to many, a 1998 build means major components (like the roof, HVAC, or windows) may be nearing their typical lifespan. A thorough inspection is crucial. The pool is a fantastic luxury but represents ongoing maintenance, utility costs, and seasonal work that should be factored into the annual budget.
3. How significant is the lot size, really?
At over 19,000 sq ft, this lot is exceptionally rare in Winnipeg, placing in the top 2%. This isn't just about a big yard; it offers unparalleled privacy, space for additions like a shed or sport court, and significant landscaping potential. It also future-proofs the property against being overshadowed by dense new development.
4. The home ranks in the 68th percentile for size within its own community. What does that mean?
While the home is larger than 90% of houses in the broader neighbourhood, Eric Coy itself contains many large properties. This means you're buying into an established area where substantial homes are the norm, which helps protect property values and ensures a consistent community character.
5. What is the balance between renovation needs and move-in readiness?
With a finished basement and updated core features, the home is likely liveable as-is. However, a property of this age may have original kitchens or bathrooms that feel dated. Buyers should be prepared to differentiate between essential maintenance on major systems and discretionary cosmetic updates to modernize the interior decor.