Property Overview & Key Characteristics
This is a distinctive, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1962. Its primary appeal lies in its exceptionally large, nearly 20,000 sqft lot, which places it in the top 1% of all properties in Winnipeg for land size. The home itself is a modest 1,228 sqft bungalow with a finished basement, offering a classic and functional layout. While the house ranks in the middle tiers for size, age, and assessed value within its immediate area, the sheer scale of the private outdoor space is its standout, rare feature. This property would perfectly suit buyers who prioritize land over square footage—whether for gardening, recreation, future expansion, or simply enjoying expansive private grounds. It’s a compelling option for those seeking a manageable home with unparalleled outdoor potential in the city.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 1%" for land size city-wide highlights just how rare a lot of this scale is, while more average rankings in other categories provide helpful context about the home and its value relative to the market.
2. Is the large lot usable, or is it an odd shape?
While specific dimensions aren't provided, a lot of this size (over half an acre) typically offers significant usable space. A thoughtful perspective is to consider how the land is oriented—whether it provides deep backyard privacy, side yard space, or potential for additions, which would be a key point to investigate during a viewing.
3. The house was built in 1962. What should I be aware of?
As a 64-year-old bungalow, prospective buyers should plan for a thorough inspection focusing on the foundational aging-in-place of the home: the roof, plumbing, electrical systems, and the basement's condition and quality of finish, despite it being listed as "finished."
4. There's no garage. How big of an inconvenience is this?
This depends on your lifestyle. The lack of a garage means factoring in the cost and space to build one if needed, or relying on driveway parking. However, the vast lot size is a major advantage here, as it provides ample room to add a garage or workshop in the future, a trade-off many buyers would accept.
5. Why is the assessed value lower than I might expect for such a large lot?
Municipal assessments primarily reflect the value of the entire property (land + building) for tax purposes. The modest size and age of the dwelling likely keep the assessed value in a moderate range. The market value often better captures the premium for such a rare, large lot, which may not be fully reflected in the government assessment.