Property Overview
This two-storey home in Eric Coy stands out for its generous scale and established presence. Its primary appeal lies in the combination of a very large, mature lot (over 26,000 sq ft) with a spacious and well-ranked living area. The property consistently ranks in the top tiers of its local market for lot size, living space, and assessed value, indicating a strong, above-average standing in the neighbourhood. It suits buyers looking for a substantial family home with significant outdoor space for gardening, recreation, or future expansion, and who value an established, high-ranking property within the city. A thoughtful perspective is that while the home is 35 years old, its rankings suggest it has been maintained competitively among its peers, offering a balance of established character and relative modernity for its area.
Key Details & FAQs
Key Characteristics:
- Type & Size: A two-storey single-family home with 2,272 sq ft of living space and a fully finished basement.
- Lot: A defining feature at 26,409 sq ft, placing it in the top 2% of lots on its street.
- Garage: Attached garage.
- Build Year: 1991.
- Assessment: The total municipal assessment is $617,000.
Who It's For:
This home is ideal for buyers who prioritize ample indoor and outdoor space over a brand-new build. It perfectly suits families or individuals wanting room to grow, entertain, or enjoy private outdoor living. Its strong rankings across multiple metrics suggest it's a solid, competitive property for those seeking a long-term home in a mature neighbourhood.
Frequently Asked Questions
1. What do the "rankings" actually mean?
They show how this property compares to others in the immediate area. For example, ranking in the "top 1%" for lot size in Winnipeg means it has a larger lot than 99% of other residential properties in the city, which is a significant rarity and advantage.
2. Is a 35-year-old home a concern?
While not new, the home ranks newer than 90% of houses on its street and 75% in Winnipeg, meaning the neighbourhood itself is well-established. This age often balances character with modern enough systems, but a thorough inspection is always recommended.
3. How can the lot be so large?
The exceptional lot size is a legacy feature of the neighbourhood's planning and is now uncommon in newer developments. It offers rare potential for privacy, landscaping, or future additions like a large shed or pool.
4. Does a high assessment mean the property taxes are very high?
A higher assessment generally leads to higher property taxes, as taxes are calculated based on this value. However, the assessed value also strongly reflects the property's market position and premium features like its lot size.
5. The home ranks highly for size and value, but lower for newness. What's the takeaway?
This indicates you are paying for space, land, and established quality rather than a recent build. It suggests the home's value is driven more by its substantial physical attributes and location than by being a modern construction.