Property Overview
This 1976-built bungalow in Eric Coy offers a practical and private living environment on a large, 8,400+ sqft lot. Its key features include a fully finished basement, an in-ground pool, and a split garage. With 1,300 sqft of living space, the home provides comfortable single-level living. The property's standout appeal lies in its combination of a generous, secluded yard—a rarity for in-town living—and recreational amenities ready for summer enjoyment. Its competitive rankings show it outperforms 90% of Winnipeg homes on lot size, suggesting exceptional outdoor space and potential.
It would suit buyers looking for a established, low-maintenance bungalow layout, whether downsizers seeking single-floor convenience or a young family desiring a private, pool-ready backyard for summers at home. The very high lot-size ranking also makes it a candidate for buyers who prioritize long-term value in land over a newer build.
Frequently Asked Questions
1. What is the significance of the property rankings?
They show how this home compares to others in the immediate area and citywide. For example, ranking in the top 10% in Winnipeg for lot size confirms the yard is a major asset, while the home's age and living area are more average for the neighborhood.
2. Is the pool a major factor in maintenance and cost?
Yes. An in-ground pool from a home built in the 1970s requires dedicated seasonal upkeep, winterization, and impacts utility bills. It's a fantastic feature for the right buyer but represents an ongoing commitment.
3. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who prefer a brand-new home may find the 1976 floor plan and any related updates a project. It's better suited for those who value land and function over contemporary finishes.
4. The assessment is below the asking price. What does that mean?
Municipal assessments are for tax purposes and often lag behind market values. It indicates a baseline but the final sale price is determined by current market conditions, the home's unique features (like the pool and lot), and buyer demand.
5. How does the finished basement add value?
It effectively doubles the usable living space for recreation, guests, or a home office. In a 1,300 sqft bungalow, this adds significant functional square footage, making the home feel much larger than the main floor suggests.