Property Summary: 95 McDowell Drive
Section 1: Key Characteristics & Appeal
This well-established 1983 bungalow in Eric Coy offers a compelling blend of space, land, and value. Its key characteristics include a generous 1,803 sqft of finished living space across one level, a fully finished basement, and a notably large lot of over 9,000 sqft. The home's standout appeal lies in its strong relative value within the broader Winnipeg market. It ranks within the top 15% of the city for living space, the top 10% for assessed value, and sits on a lot size that surpasses 92% of Winnipeg properties, offering significant room for gardening, play, or expansion.
The property would best suit buyers seeking a grounded, spacious family home without a premium downtown price tag. It’s ideal for those who prioritize interior square footage and a large yard over a newer build, and for owner-occupiers who see value in a home that already ranks highly for its assessment—a positive indicator for municipal tax value relative to market price. It’s a practical choice for multi-generational living or those wanting single-level living with ample finished space below.
Section 2: Frequently Asked Questions
1. What does the high city-wide ranking for lot size actually mean?
It means this property's 9,091 sqft lot is larger than 92% of all residential lots in Winnipeg. This is a significant asset, offering more privacy and outdoor space than is typical in the city.
2. The home is 43 years old. What should I consider?
While the home ranks newer than 65% of Winnipeg houses, a focused inspection of major 40-year components is wise. This includes the roof, original windows, and the heating/electrical systems, which may be due for updates or preventative maintenance.
3. The assessment value is high relative to the community. Is that good?
A high assessed value that ranks in the top 12% of the neighborhood often reflects the property's substantial lot and above-average living space. It suggests the city views it as a high-value asset in the area, which generally correlates with market price, but also means property taxes will be commensurate.
4. Who might this layout appeal to beyond a typical family?
The one-storey main living with a finished basement is excellent for those planning for long-term accessibility or who prefer to avoid stairs for daily life. The layout also offers clear separation for a home office, in-law suite, or teen space in the lower level.
5. How does its value compare within its immediate street and neighborhood?
The data shows a interesting position: it ranks highly on its specific street but slightly above average in the wider Eric Coy community. This suggests it's one of the larger, more valuable homes on McDowell Drive itself, potentially offering a bit more prestige in its immediate micro-location.