Property Overview
This two-storey home at 7 Aikman Place offers a blend of space, established character, and a highly convenient location. Built in 1987, its key appeal lies in its generous 10,398 sqft lot—a rarity that provides ample outdoor privacy and potential in the Eric Coy neighbourhood. The home features nearly 1,900 sqft of living space, a finished basement, and an attached garage.
Its standout characteristic is its exceptional value positioning within Winnipeg. The property ranks in the top 5% of the city for lot size and top 12% for both living area and assessed value, meaning you get significantly more space for your investment compared to most of the market. This isn't a brand-new build, but a well-situated property that has matured. It would particularly suit buyers looking for a long-term family home with room to grow, those who value a large yard over a brand-new interior, and practical investors who recognize the underlying value of land in a solid location. Its appeal is less about luxury finishes and more about the enduring assets of space and location.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is over 10,000 sqft, which places it in the top 5% of all properties in Winnipeg for size. It's a substantially larger yard than you would find with most modern subdivisions.
2. The home was last sold in 2021. Is there a reason for the quick turnaround?
While the specific reason isn't listed, the 2021 sale price of $607,000 was higher than the current assessed value of $548,000. This may reflect a previous peak market condition, presenting a potential opportunity in the current market climate.
3. The rankings show it's in the top 12% for value in Winnipeg, but only the top 57% within its own community. What does this mean?
This indicates the Eric Coy neighbourhood generally features high-value properties. So while this home is above average for the entire city, it's positioned as a more mid-range option within its own desirable community, potentially offering a strategic entry point into the area.
4. Is the finished basement included in the 1,907 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus area, adding functional space for recreation, guests, or storage not reflected in the main square footage figure.
5. What is the significance of the "age" ranking being higher than the "size" ranking on its street?
On Aikman Place, this home is newer than 86% of its neighbours but has a smaller living area than 86% of them. This suggests the street may have a mix of older, larger homes and newer, more moderately sized ones, with this property representing the latter category.