Property Overview: 802 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-story home in the Eric Coy neighborhood, built in 1979. Its primary appeal lies in its generous proportions and mature setting. The 1,814 sqft living area is spacious for a bungalow, ranking within the top 15% of Winnipeg homes for size, and it sits on a large, private lot of over 13,000 sqft. A key feature is the finished basement, adding functional living space. The home presents a solid, low-maintenance exterior with an attached garage.
Its appeal is for buyers seeking space, privacy, and value in a mature community. It particularly suits:
- Growing or multi-generational families needing ample indoor and outdoor space.
- Downsizers looking for single-level living without sacrificing room for hobbies or guests.
- Value-oriented buyers who prioritize lot size and living area over a newer build, and who see potential in a home with strong foundational stats (ranking in the top 3% of Winnipeg for lot size and top 16% for assessed value) awaiting cosmetic updates.
A less obvious perspective is its "blank canvas" potential. While not new, its strong rankings for size and value in the city suggest a property where investment in updates could be rewarded, given the already premium lot and above-average square footage for its style.
Frequently Asked Questions
1. What is the neighborhood like?
Eric Coy is a mature, established community in Winnipeg. The property's rankings show it exceeds over half the homes in the neighborhood for size and value, indicating it's among the larger, more substantial homes in the area.
2. Is the basement included in the living area?
No, the listed living area of 1,814 sqft typically refers to above-ground, finished space. The home has a separate, finished basement, which provides additional usable rooms.
3. How does the age of the home affect its value?
Built in 1979, the home is newer than over 60% of Winnipeg houses. While some systems may be original, its age is relatively moderate for the city, and the assessed value ranking suggests it has been well-maintained relative to its peers.
4. What do the ranking percentages mean?
They show how this property compares to others. For example, ranking in the "top 3% in Winnipeg for lot size" means only 3% of homes in the city have a larger lot, a significant advantage for privacy and outdoor space.
5. Is this a good investment?
The data indicates strong fundamentals: a very large lot, above-average living space, and an assessed value that places it well above most Winnipeg homes. This suggests a property with inherent value, where the investment quality would depend on purchase price and the cost of any desired updates.