Property Overview & Key Characteristics
This 1964-built, one-storey home in Eric Coy sits on an exceptionally large, half-acre lot (over 21,300 sqft), which is its most defining feature. The property ranks in the top 1% in Winnipeg for lot size, offering rare space and privacy within the city. The house itself is a modest 1,050 sqft bungalow with a finished basement and a detached garage. Its appeal lies in the significant potential of the land itself—whether for expansive gardening, recreational space, or future expansion—coupled with the practicality of single-level living. It suits buyers looking for a solid, no-frills home with a transformative outdoor canvas, from families wanting ample play space to long-term planners who value land over immediate square footage. A thoughtful perspective is recognizing that while the home’s interior metrics are average for the area, the lot represents a scarce commodity that appreciates differently and offers a legacy of possibilities not found in newer subdivisions.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the top 1% for lot size citywide confirms the land is exceptionally large, while the interior space rankings are more typical for a bungalow of its era.
2. Is the house too dated, being built in 1964?
While the structure is 62 years old, the key consideration is its condition and updates. The finished basement adds liveable space. The value proposition here balances a vintage home needing potential updates against the irreplaceable, mature lot it sits on.
3. What can you do with such a large lot?
Beyond extensive gardening and private outdoor living, a lot of this size may allow for additions like a large workshop, shed, or even a future secondary dwelling (subject to city zoning bylaws and permits). It’s a blank slate for outdoor enthusiasts.
4. How does the detached garage impact usability?
A detached garage offers flexibility for use as a pure workshop or project space but means dealing with the elements when going between your car and house. For some, this separation is a benefit; for others, it’s a minor inconvenience.
5. Who would this property not suit?
It may not suit buyers seeking a modern, turn-key home with minimal upkeep, or those who prioritize immediate interior square footage and open-concept layouts over long-term land value and outdoor potential.