Property Summary: 3 Christopher Cove
Key Characteristics & Appeal
This is a well-established, two-storey family home in Southboine, Winnipeg, built in 1977. Its primary appeal lies in its generous, mature lot of over 7,700 sqft—a rarity that offers significant outdoor space and privacy in the city. The home itself provides a comfortable 1,731 sqft of living space, including a finished basement, and features an attached garage. While the interior is of a vintage typical for its era, the property's standout value is its land and location.
Its competitive rankings reveal a nuanced picture: it sits on a large lot that outranks most in Winnipeg, yet the house itself is more modestly sized for its immediate area. This creates an opportunity for buyers who prioritize land value and potential over turn-key modern finishes. The property would suit a practical buyer—perhaps a family seeking space for children and pets, or a value-oriented purchaser who sees the long-term potential in the sizable lot, whether for gardening, expansion, or future redevelopment.
Frequently Asked Questions
1. What is the true standout feature of this property?
Beyond the house itself, the most significant asset is the 7,709 sqft lot. It places in the top 12% of all Winnipeg properties for size, offering a level of outdoor space that is increasingly difficult to find in the city.
2. Is the house outdated?
Built in 1977, the home reflects its era. Buyers should anticipate period-appropriate layouts and features. The value proposition here balances the vintage home with the premium lot, suggesting it's ideal for those comfortable with a renovation project over time or who simply value space over new finishes.
3. Who would this property not suit?
It may not be the best fit for buyers seeking a modern, low-maintenance, or immediately updated home without any project work. Those prioritizing a large interior footprint over land size might also find better options within the community.
4. How does its value compare to the neighborhood?
The assessment value ranks in the lower 70% for the community, indicating it is priced more accessibly than many area homes. This, combined with its high city-wide land ranking, suggests you are paying more for the land potential than for a premium interior.
5. What is the potential here?
The large lot is the key to future potential. It allows for possibilities like major landscaping, adding a deck or patio, or even a future addition (subject to zoning and permits). It represents a solid footprint in a established neighborhood.