Property Summary: 187 McDowell Drive
Key Characteristics & Appeal
This is a well-established, single-story home in Winnipeg's Eric Coy neighbourhood, built in 1976. Its primary appeal lies in its generous, mature lot of over 8,700 sqft—a significant asset that ranks it in the top 9% of all Winnipeg properties for land size. The home itself offers 1,336 sqft of living space with a finished basement and a detached garage. While the house is of average size for its area, its standout feature is the substantial private outdoor space, which is increasingly rare and offers immense potential for gardening, recreation, or future expansion.
The property’s value is underscored by its municipal assessment, which places it in the top 20% citywide, suggesting a solid foundation of recognized worth. It would suit buyers looking for a quiet, established community who prioritize land over a large or modern footprint. It’s ideal for someone who sees the charm and potential in a 50-year-old home and values the stability and greenery of a mature lot. A thoughtful perspective is that this property represents a balance: it offers more privacy and land than a typical newer subdivision lot, while the updated assessment indicates it has kept pace with the broader market, making it a grounded choice rather than a fixer-upper project.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, being in the "top 9%" for land size in Winnipeg means over 91% of city properties have a smaller lot, highlighting this as a key strength.
2. Is the basement included in the 1,336 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-ground, finished space. The basement is listed separately as "有，已装修" (Yes, finished), meaning it provides additional, finished living space not reflected in the main square footage figure.
3. The house was built in 1976. What should I consider?
While the home has been maintained, a property of this age will likely have original or older components, such as windows, roof, or major systems. A thorough inspection is essential to understand the condition and plan for any updates, balancing the charm of an older home with practical maintenance.
4. How does the assessment value relate to the asking price?
The assessment value of $484,000 is for municipal tax purposes and reflects the city's valuation. The listing price is set by the seller based on the current market. The assessment being in the top 20% citywide is a positive indicator of the property's base value, but the final sale price is determined by market conditions.
5. What are the advantages of such a large lot?
Beyond privacy and space, a lot of this size (8,729 sqft) offers flexibility that smaller, newer lots do not. It allows for significant landscaping, the potential for additions like a shed or workshop, room for a larger garden, and ample space for children or pets to play. It's a long-term asset that can adapt to your changing needs.