Property Summary: 43 McDowell Drive
Section 1: Key Characteristics & Appeal
This is a substantial, well-established family home in the Eric Coy neighbourhood, built in 1987. Its primary appeal lies in its generous scale and mature setting. The nearly 2,500 sqft of living space is complemented by a fully finished basement and sits on a large, private lot of over 14,400 sqft—a rarity that offers ample room for recreation, gardening, or future expansion. The inclusion of a swimming pool makes it a standout for summer entertainment and family leisure.
The home’s competitive rankings are noteworthy: it consistently places in the top 6% of its street and often the top 3-5% of its wider community for key metrics like living area and assessed value. This suggests a property that is not only above average in size and perceived value for its immediate area but also holds a strong position city-wide. It would best suit a buyer looking for a move-in ready, spacious home with established landscaping and outdoor amenities, who values privacy and room to grow more than a brand-new build. It’s an ideal fit for a family or someone who enjoys hosting, with the pool and large yard serving as a private retreat.
Section 2: Frequently Asked Questions
1. What is the neighbourhood of Eric Coy like?
Eric Coy is a mature, established neighbourhood in Winnipeg. The property's high rankings within the area for lot size and home size indicate it is among the larger, more substantial homes in this community.
2. Are there any concerns with a home built in the 1980s?
As with any home of this age, a thorough inspection is recommended to assess the condition of major systems like the roof, windows, and HVAC, which may be approaching or have exceeded their typical lifespans. The upside is that the home has benefited from decades of neighbourhood maturation and landscaping growth.
3. How does the pool impact insurance and maintenance?
An in-ground pool adds to annual maintenance (opening, closing, cleaning, chemicals) and will typically increase homeowner insurance premiums due to associated liability. It's a valuable luxury feature but comes with ongoing responsibility and cost.
4. The lot is very large. Are there any restrictions on its use?
The 14,419 sqft lot offers great potential. Buyers should verify with the city if there are any easements, restrictive covenants, or zoning bylaws that could affect plans for additions, sheds, or other structures.
5. The assessed value is $748,000. How does that relate to the listing price?
The assessed value is for municipal tax purposes and is based on mass appraisal techniques. It is a useful data point that shows the home is valued highly compared to peers, but the final market price is determined by current buyer demand, the home's condition, and recent sales of comparable properties.