Property Overview: 4124 Eldridge Avenue
Key Characteristics & Appeal
This is a well-established, single-story home in Winnipeg's Eric Coy neighborhood, built in 1972. Its primary appeal lies in offering generous space both indoors and out. The 1,645 sqft living area is notably larger than most homes in Winnipeg, and it sits on a substantial, nearly 10,000 sqft lot, providing ample room for privacy, gardening, or expansion. The home features a finished basement and a split garage.
The property’s competitive rankings reveal its strengths: it stands out in its immediate area for its above-average living space and lot size, while its overall assessed value ranks highly city-wide. This suggests a property that has maintained solid value. It would particularly suit buyers looking for a spacious, grounded family home without a new-build premium, or those who value a larger yard. It's a practical choice for someone seeking room to grow into, appreciating that the core appeal is in the generous footprint and established community rather than modern finishes.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, ranking in the "top 7%" city-wide for lot size means 93% of Winnipeg properties have a smaller lot. It's a quick way to see where this property excels or is more average relative to its peers.
2. The home was built in 1972. What should I consider?
While the systems and structure have proven durable, a home of this age will likely have had various updates. A key focus should be on the major components: the age and condition of the roof, windows, furnace, and electrical panel. The finished basement should also be checked for proper moisture control.
3. How usable is a "split garage"?
A split garage typically means two separate single-car garage doors side-by-side, as opposed to one large double door. This can be a practical advantage, allowing for better organization or separation of workshop and vehicle space. It's a feature common to many homes from this era.
4. The lot is large, but are there any restrictions?
With nearly 10,000 sqft, the lot offers great potential. Before planning any major additions like a deck, shed, or pool, you should verify the property's zoning with the city to understand setback requirements, coverage limits, and any other bylaws that govern how the space can be used.
5. The home ranks highly for value in Winnipeg. What does that indicate?
A city-wide assessment value ranking in the top 24% suggests that, according to municipal valuation, this property holds a position of relative equity strength compared to the broader market. It often indicates a desirable combination of land and building size that the market consistently recognizes.