Property Overview
This two-storey home in Eric Coy offers a compelling mix of space, established character, and a highly desirable lot. Its key appeal lies in its generous 15,226 sqft property—a rare find that ranks in the top 2% for land size across Winnipeg. The 2,010 sqft living space is well above average for the area, complemented by a finished basement and a detached garage. Built in 1969, the home presents a solid opportunity for buyers who appreciate established neighbourhoods with mature landscaping.
The property’s strong and consistent market performance, with assessed value and recent sale prices ranking in the top 10-15% locally, signals a stable and sought-after location. This home would suit buyers looking for a long-term family home with ample outdoor space for gardens, play, or future expansion. It’s particularly suited for those who value privacy and room to breathe over brand-new construction, and who are prepared to appreciate the charm and potential of a well-maintained older home on a premier lot.
Frequently Asked Questions
1. How does the age of the home (built in 1969) factor into its value?
While the home is over 50 years old, its above-average rankings for both size and value in Winnipeg indicate that its condition, updates, and especially its lot size significantly outweigh age as a concern. It represents a classic, solid build from an era known for spacious rooms and substantial properties.
2. What does the "finished basement" entail?
The listing confirms the basement is finished, adding valuable living space to the 2,010 sqft main floors. Prospective buyers should inquire about the specific finish quality, ceiling height, moisture control, and whether it includes a separate entrance or legal suite potential.
3. The lot is exceptionally large. Are there any restrictions on its use?
A 15,226 sqft lot offers fantastic potential. Buyers should verify zoning with the city to understand possibilities for additions, outbuildings, or subdivision, which could be a significant long-term asset.
4. The home has traded hands twice recently (2021 and 2022). Is this a concern?
The steady increase in sale price over 18 months suggests the property was likely updated or improved between sales, or simply benefited from strong market appreciation. It’s not inherently a red flag, but understanding the context of those sales is wise.
5. What are the immediate costs or projects a new owner might face?
Given the age, a proactive inspection is crucial. While systems may be functional, budgeting for potential updates to the roof, windows, or major mechanical systems (like heating) in the coming years is a prudent consideration for a home of this vintage.