Property Overview & Key Characteristics
This 1989-built, single-story home in Winnipeg’s Eric Coy neighborhood offers a blend of space, established character, and a highly private setting. Its primary appeal lies in its generous 10,337 sqft lot, which provides exceptional outdoor space and ranks in the top 6% of all Winnipeg properties for land size. The over 2,000 sqft of finished living space is also well above average, placing it in the top 10% of its community. Key features include a finished basement and an attached garage.
The home’s strong rankings—particularly for lot size, assessed value, and living area—suggest a property that is a standout in its immediate area. Its appeal is for buyers seeking a established, spacious bungalow with room to breathe, ideal for families, those who enjoy gardening or outdoor entertaining, or anyone prioritizing privacy and yard space over a newer build. It suits a buyer comfortable with a home of this vintage, who sees value in its generous proportions and established neighborhood feel over a brand-new construction.
Frequently Asked Questions
1. What is the significance of the property’s high rankings?
The rankings show how this home compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, being newer than 95% of homes on its street and having a larger lot than 94% of homes in Winnipeg are strong indicators of its relative desirability and standout features in the local market.
2. Is the finished basement included in the 2,098 sqft living area?
Typically, "living area" refers to above-grade, finished space. The finished basement is an additional asset, providing extra usable rooms or recreational space beyond the main floor’s square footage.
3. What does an assessed value of $599,000 indicate?
This is the municipal government’s valuation for property tax purposes. It is a useful benchmark and suggests a strong valuation foundation, but the final sale price is determined by the current market and buyer competition.
4. What are the pros and cons of a 1989-built home?
Pros include established landscaping, mature trees, and likely more straightforward construction standards from that era. Cons may involve upcoming maintenance or updates to original components like the roof, windows, or major mechanical systems, which are common for homes of this age.
5. How does the lot size impact the living experience?
A lot of this scale (over 1/4 acre) offers rare privacy and space for additions like a large deck, shed, or garden. It also means more yard maintenance, which could be a consideration for some but a major draw for those valuing outdoor room.