This is a well-established, single-family home built in 1996, offering 1,319 square feet of living space. Its primary appeal lies in its strong relative standing within the local market. The property ranks in the top tier for its size and age not just on its street, but across the entire Eric Coy neighbourhood and Winnipeg overall—surpassing 98% of homes on its street for size and 100% of homes in the neighbourhood for lot area. This indicates a home that is more spacious and on a larger parcel than most in the immediate area.
The home would suit practical buyers looking for a solid, move-in-ready property in a mature community. It’s particularly suited for those who value space and established neighbourhoods over brand-new construction, and for buyers who appreciate a home that already holds a competitive edge in key metrics compared to its peers. A thoughtful perspective is that while the assessed value ranking is more modest relative to the city, the exceptional rankings for physical attributes suggest the underlying asset—the land and building—has inherent, above-average utility for its location.
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What do the ranking percentages actually mean?
They show how this property compares to others in a specific area for a given feature. For example, ranking in the "top 2%" for size on its street means it is larger than 98% of other homes on Grant Avenue, indicating a relatively spacious home for that block.
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The assessment value ranking seems lower than the others. Why?
The assessment ranking compares the government's taxable value. While the home ranks very high for physical traits like size and lot, its assessed value is more moderate. This can sometimes reflect the specific characteristics of the immediate area or the home's condition relative to its assessed value, and is a point for discussion with a real estate agent.
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Is a 1996-built home considered old?
At 30 years old, it is a mature home but not historic. The data shows it is newer than 94% of homes in Eric Coy and 78% in all of Winnipeg, placing it firmly in the "established but not outdated" category. Buyers should expect some components to be at or near their typical lifespan.
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There's no basement listed. Is that correct?
According to the provided data, the home is listed as having "无" (none) for a basement. This means it is likely built on a slab foundation, which is less common in Winnipeg but eliminates concerns about basement moisture or flooding.
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Who would this home not be suitable for?
It may not suit buyers seeking a brand-new, low-maintenance property, those who require a garage, or investors looking solely for the highest possible assessment-to-price ratio. It is best for owner-occupants who value space and established communities.