Property Summary: 118 Deerpark Drive
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1987, situated on a generous 7,129 sqft lot in Winnipeg's Eric Coy neighborhood. Its key features include 1,742 sqft of living space, a finished basement, and an attached garage. The appeal lies in its established, spacious lot offering room for gardening or recreation, combined with the practical, single-level layout that suits a variety of lifestyles.
The home presents a compelling value proposition based on the provided data. It ranks highly for its newer build year relative to most of Winnipeg and sits on a lot size that is larger than the vast majority of city properties. While the interior living space is comfortably above average for the city, it is more moderately sized within its immediate street and community, suggesting a home where the balance has been tilted toward generous outdoor space.
This property would best suit buyers looking for a move-in-ready home with a low-maintenance, single-storey floorplan—ideal for empty-nesters, small families, or those seeking accessibility. It also appeals to those who prioritize a sizable, private yard over having the largest interior square footage on the block. The strong city-wide rankings for lot size and assessed value indicate a property with solid fundamental value in the Winnipeg market.
Frequently Asked Questions
Q: How does this home's value compare to its neighbors?
A: The home's assessed value is moderately positioned within its specific street but ranks highly across Winnipeg, suggesting it offers good value relative to the broader market, even if it's not the most expensive property on Deerpark Drive.
Q: Is the 1987 build year a concern?
A: The data shows this home is newer than 72% of Winnipeg houses, placing it in the top third for age. While systems like roof and HVAC may be due for updates, it is not considered an older home by city standards.
Q: The last sale was in 2020 for $440,000; why is the assessed value now $530,000?
A: This reflects the significant market-wide price appreciation that occurred between 2020 and the most recent assessment period. Buyers should consult a current market evaluation to understand today's value.
Q: What do the ranking percentages actually mean?
A: They show how this property compares to others. For example, "in Winnipeg超越84%的其它房屋" means its lot size is larger than 84% of all Winnipeg homes, a strong competitive point.
Q: Who would this layout not suit?
A: Buyers seeking a very large interior footprint or multiple distinct living areas on one floor might find the layout limiting. The appeal is in its efficient use of space and flow, not in expansive room sizes.