Property Overview & Appeal
This 2000-built bungalow on an exceptionally large, 19,075 sqft lot in Eric Coy offers a compelling blend of space, modern convenience, and rarity. Its key appeal lies in its substantial proportions: the home itself is a spacious 2,416 sqft single-story layout with a finished basement, while the lot size is its most distinctive feature, ranking in the top 2% of all Winnipeg properties. This combination of a modern, move-in-ready home on a vast, private parcel is uncommon. The home’s rankings consistently place it in the top tier of its area for size, value, and newer construction.
It perfectly suits buyers looking for single-level living without compromising on interior space or outdoor potential. The expansive lot is ideal for gardening, recreation, or future additions like a workshop or pool. It would also appeal to those who value privacy and room to breathe within the city, making it a strong fit for families, multi-generational households, or anyone who prioritizes land.
Key Questions for Consideration
1. What does the high ranking for lot size actually mean?
It means this property’s land area is larger than 98% of all homes in Winnipeg. In practical terms, you are getting a rare, suburban-scale yard within the city, offering unparalleled privacy and space for a typical residential neighborhood.
2. The home was built in 2000. What should I be aware of with a house of this age?
Homes from this era benefit from modern building codes and materials but are now entering a period where major components may need evaluation or replacement. A thorough inspection should focus on the roof, original HVAC system, windows, and any complex appliances that may be nearing the end of their typical lifespan.
3. How does the finished basement contribute to the living space?
With over 2,400 sqft already on the main floor, the finished basement significantly expands the usable living area. This is ideal for creating dedicated spaces for entertainment, a home gym, guest suites, or teenage living quarters, adding tremendous functional flexibility to the home’s footprint.
4. Is the high assessed value a positive or a negative?
A high assessment relative to the area generally reflects the property’s substantial attributes (lot size, home size, condition). It is a positive indicator of the property’s standing and perceived value by the assessment authority, but the final market price is determined by current buyer demand.
5. Who might this property not be suitable for?
It may not suit buyers seeking a low-maintenance, lock-and-leave lifestyle, as a large lot requires ongoing upkeep. It’s also likely not the best fit for those whose priority is being in the absolute newest construction, as some updates or preventative maintenance may be anticipated.