Property Overview
This 1988-built, two-storey home in Eric Coy offers a distinct blend of space and established character. Its most defining feature is the exceptionally large, 14,404 sqft lot, which places it in the top 2% of all Winnipeg properties for land size. This provides immense potential for gardening, recreation, or future expansion. The 2,011 sqft living area is above average for the city, and the home includes a finished basement. Notably, it lacks a garage and a pool.
The appeal here is grounded in space and value. It suits buyers who prioritize a vast, private outdoor canvas over brand-new finishes—ideal for families seeking room to grow, hobbyists, or anyone looking for a property where the land itself is the primary asset. It’s a home for those comfortable with a property of its vintage and who see the lot not just as a yard, but as a key part of the property's future value and utility.
Key Details & Questions
What are the less obvious advantages of this property?
Beyond the obvious lot size, its rankings suggest a strong value proposition within its immediate community. It holds a very high assessment ranking locally (top 10% in Eric Coy), indicating it is viewed as a substantial property for the area. The age ranking shows it is newer than most homes nearby, potentially meaning fewer immediate major updates compared to older stock in the neighbourhood.
Is the lack of a garage a significant drawback?
This depends on the buyer's needs. For those with multiple vehicles or requiring workshop space, adding a garage would be a consideration. However, the vast lot size offers ample space to build one, which could be seen as a customization opportunity rather than a strict limitation.
What does the "finished basement" entail?
The listing confirms the basement is finished, adding to the home's liveable space. Prospective buyers should inquire about the finish quality, ceiling height, moisture control, and whether it includes a separate entrance or bathroom to understand its full functionality.
How does the 38-year age of the home factor in?
A home of this age may have undergone important updates. It would be prudent to investigate the condition and age of major systems like the roof, windows, plumbing, and electrical, as these could represent future investments.
Who is this property most suited for?
It is an excellent match for buyers seeking a long-term family home with unparalleled outdoor space in Winnipeg, or for value-oriented investors who recognize the inherent worth of a large lot in a established neighbourhood. It is less suited for those seeking a modern, low-maintenance property or who require attached garage parking immediately.