Property Overview: 35 McDowell Drive
This 1975-built, one-storey home in Winnipeg’s Eric Coy neighbourhood presents a distinct offering centered on space and established comfort. Its key appeal lies in its generous 8,040 sqft lot and a fully finished basement, providing ample room for living and recreation. The inclusion of a swimming pool is a notable feature for the local market, offering private outdoor leisure. With 1,363 sqft of living space, a attached garage, and an assessed value placing it in the top 18% city-wide, the property balances size with relative value.
It would particularly suit buyers looking for a long-term family home with room to grow and entertain, especially those who prioritize a large yard and pool over a brand-new build. It also appeals to those seeking a single-level layout, avoiding stairs. A less obvious perspective is its potential for a buyer comfortable with a home from the 1970s, who sees the established landscaping and mature neighbourhood as settled and private, rather than dated. The strong city-wide assessment ranking suggests a solid underlying value proposition in Winnipeg’s broader market.
Frequently Asked Questions
1. What is the neighbourhood like?
Eric Coy is a mature, established community. The property’s rankings show it is newer than 62% of homes in the community, but its lot size surpasses only 26% of them, indicating a mix of home ages and that this lot is on the smaller side within this specific neighbourhood.
2. Is the pool a major factor in the value?
Yes, it’s a significant feature. While it adds to the appeal and lifestyle offering, prospective buyers should factor in the ongoing maintenance, operating costs, and insurance considerations typical of a private pool.
3. Who would this home not suit?
It may not suit those seeking a modern, open-concept layout or extensive recent renovations, given its 1975 construction. The single-storey design and finished basement also mean the main-floor living area is a specific size; buyers needing vast amounts of main-floor square footage might find it compact.
4. How does the lot size compare?
At 8,040 sqft, the lot is very spacious by Winnipeg standards (ranking in the top 11% city-wide), offering excellent outdoor potential. However, within its own Eric Coy community, it ranks lower, meaning there are many larger lots nearby, so it’s wise to view the surrounding properties for context.
5. What does the assessment value tell us?
The assessed value of $497,000 is a strong indicator for mortgage and tax purposes, ranking in the top 18% in Winnipeg. This suggests the property is viewed as a higher-value home within the city, though the final market price is determined by buyer competition.