Property Overview & Key Characteristics
This 1965-built, one-storey home in Eric Coy sits on a generous 9,001 sqft lot, offering a rare combination of space and established charm. Its key appeal lies in its substantial, private yard—a significant asset for families, gardeners, or anyone seeking outdoor room to breathe. With 1,146 sqft of living space and a finished basement, the layout provides practical, flexible space for daily life and hobbies. The home’s standout feature is its remarkable city-wide value ranking, placing in the top 8% of Winnipeg for lot size and the top 33% for assessed value, suggesting a property that offers more land than typical for its price point. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space, or value-oriented buyers who see potential in the solid foundation of a well-located, older home. A thoughtful perspective is that while the interior may benefit from modernization, the true and unchangeable asset here is the land itself—a large, flat canvas in a mature neighbourhood.
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 8%" for lot size city-wide means 92% of Winnipeg properties have a smaller lot, highlighting the yard as a key feature.
2. Is a 61-year-old home a concern?
While the structure is solid, buyers should budget for updates to older mechanical systems (like plumbing or electrical) and consider energy efficiency upgrades. The finished basement is a plus, but its condition and compliance with current codes should be verified.
3. Who might this property not suit?
It may not suit those seeking a modern, move-in-ready home without any projects, or buyers who prioritize a new, ultra-efficient build over character and lot size.
4. What are the advantages of a "Split Level" garage?
This typically refers to a detached garage, which can reduce noise in the house and offers flexibility for use as a workshop or storage. It also preserves more yard space around the main dwelling.
5. How should I interpret the assessment value?
The municipal assessment of $408,000 is for tax purposes and is not a market valuation. It can, however, be a useful benchmark, and its relatively high percentile ranking suggests the city views it as a substantial property compared to many others.