Property Overview & Key Characteristics
This is a well-maintained, single-story home built in 1972, situated on a spacious, mature lot of over 7,000 square feet in Winnipeg's Eric Coy neighbourhood. Its key appeal lies in its solid foundation and efficient layout, featuring 880 square feet of living space with a finished basement, offering functional space for a small family, a couple, or a downsizer. The property's standout characteristic is its generous lot size, which ranks in the top 15% city-wide, presenting a significant opportunity for gardening, outdoor living, or future expansion.
The home suits practical, value-oriented buyers looking for an entry point into homeownership or a manageable property without the upkeep of a larger house. Its city-wide rankings reveal a compelling contrast: while the living space is modest, the lot is exceptionally large for the city, and the property's assessed value is very competitive. This suggests a prime opportunity for a buyer who prioritizes land over square footage—someone who can see the potential in the outdoor space or who prefers a cozy, easy-to-maintain interior. It's a home that offers stability and a chance to put down roots on a substantial piece of land without a premium price tag.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is an established, mature community in Winnipeg. The property rankings show it is a neighbourhood of varied home sizes and ages, offering a stable, residential feel.
2. Is there room to expand the house?
The exceptionally large lot size is this property's greatest asset for potential expansion. Any addition would be subject to local zoning bylaws and permitting, but the physical space on the property is a significant advantage over typical city lots.
3. Why is there no garage?
Many homes of this era and style in Winnipeg were built without attached garages. The large lot does provide ample space for driveway parking and the potential to add a detached garage or carport, subject to municipal approval.
4. How does the finished basement add value?
The finished basement effectively increases the usable living area beyond the 880 sqft main floor, providing crucial extra space for a family room, home office, or additional storage, making the home feel more spacious than the main floor square footage suggests.
5. The house ranks low for size but high for lot size. What does this mean for me?
This data highlights the property's unique value proposition. You are purchasing a home with a modest footprint, which can mean lower utility costs and less maintenance, but on a land parcel that is larger than most in Winnipeg. This is ideal if you value outdoor space, privacy, and future potential over a large interior.