Property Overview
819 Coventry Road is a well-positioned, one-storey home in Winnipeg's Eric Coy neighbourhood. Its primary appeal lies in a rare combination of a very large, private lot and a home with updated essentials, offering a balanced value proposition.
Key Characteristics & Appeal
This 1970-built bungalow sits on an exceptionally large lot of nearly 20,000 square feet, a standout feature that places it in the top 1% of properties city-wide for land area. This provides significant privacy, space for gardening, recreation, or future expansion. The home itself is of average size for the area at 1,394 sqft and features a renovated basement, adding valuable finished living space. A detached garage offers additional storage or workshop potential.
The appeal is grounded in value and potential. The assessed value is modest compared to the city average, suggesting a manageable property tax burden. It suits buyers looking for a solid, no-frills home where their investment is primarily in the land itself—ideal for those who value outdoor space over a large interior, or for handy buyers who can gradually personalize the existing structure. It’s a practical choice for small families, downsizers seeking a manageable single-level layout with room to breathe, or long-term investors betting on the value of substantial lots in established communities.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is exceptionally large at 19,809 sqft. For perspective, the average comparable lot in Winnipeg is about 6,570 sqft, making this property's land area over three times the city norm.
2. Is the home recently updated?
The listing confirms the basement has been renovated. The main floor, given the home's 1970 construction, may benefit from modernization, presenting an opportunity for buyers to add value.
3. What is the neighbourhood like for families?
Located in Eric Coy, the property is on a quiet street with similar, well-kept homes. The area ranks around average for living space and assessed value within the neighbourhood, indicating it's a stable, established community.
4. How does the assessed value relate to potential property taxes?
With an assessed value of $47,300, this property sits below the city-wide average for comparable homes. This typically translates to a relatively lower property tax bill, which is a key ongoing cost consideration.
5. What might be a less obvious advantage of this property?
The detached garage and massive lot offer unique flexibility. They create clear potential for hobbies, a home business, or sustainable living projects (like a large garden or composting) that wouldn't be feasible on a standard lot, all while maintaining a modest and affordable house.