Property Overview & Key Characteristics
This two-storey home in Eric Coy is defined by its generous scale and established presence. Built in 1968, its primary appeal lies in substantial land size and spacious living areas that rank highly against local comparables. The property sits on a large, approximately 19,000 sqft lot, offering significant outdoor space and privacy—a rarity that places it in the top tier for land size in Winnipeg. With over 2,000 sqft of living space, the home provides ample room for family life. It features an attached plus detached garage configuration, adding versatility for vehicles, storage, or workshop space. The basement is present but unfinished, representing potential for future customization.
The home’s strong assessed value reflects its substantial footprint and lot. It would particularly suit buyers looking for a long-term family home with room to grow, who value space over turn-key modern finishes, and who see potential in personalizing an unfinished basement to their own taste. It’s a property for those who prioritize land and square footage, and are comfortable with the character and maintenance considerations of a home from the late 1960s.
Frequently Asked Questions
1. How does the property's age affect its condition and potential costs?
Built in 1968, major systems like the roof, plumbing, and electrical may be at or beyond their typical lifespan. Buyers should budget for updates and consider a thorough inspection to evaluate the condition of these essential components.
2. What are the advantages and considerations of such a large lot?
The nearly half-acre lot offers exceptional privacy, space for gardens, recreation, or future additions like a shed or patio. The trade-off is the associated maintenance, including higher costs and effort for landscaping, snow clearing, and general upkeep.
3. What does the "unfinished basement" entail, and what are the possibilities?
The basement has been excavated and included in the foundation but is not developed into living space. This presents a clean slate to create a rec room, home gym, or additional bedrooms, but requires a significant investment for framing, insulation, flooring, and finishing.
4. The property ranks very high for value and size, but lower for age. What does this mean?
This indicates you are getting a lot of house and land for the assessed value compared to most of Winnipeg, but the home itself is older than many in its immediate neighborhood. The value is in the physical assets (land and space) rather than in newer construction or recent renovations.
5. What is the practical benefit of having both an attached and a detached garage?
This configuration offers excellent flexibility. The attached garage provides convenient, weather-protected access to the house, while the detached garage can serve as a dedicated workshop, studio, or secure storage for vehicles, tools, or outdoor equipment without consuming space in the main garage.