Property Overview
This 1986-built, two-storey home on a large, 8,661 sqft lot in Eric Coy offers a compelling blend of space, established character, and relative value. Its key appeal lies in its generous proportions—both in living area (1,728 sqft) and land size—which rank it well above average for Winnipeg and its immediate area. The home features a finished basement and an attached garage, providing practical family living space.
It particularly suits buyers looking for a established property in a mature neighbourhood, where the lot size offers potential for gardening, play, or future expansion. The strong rankings for lot size, living area, and assessed value suggest a property that stands out in its category, likely appealing to value-conscious families or those prioritizing indoor and outdoor space over a brand-new build. A thoughtful perspective is that while the home is 40 years old, its above-average rankings for "newness" within its community indicate it is younger than many surrounding properties, potentially meaning more modern construction than the neighbourhood average.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in three geographic circles. For example, ranking in the "top 9%" for lot size in Winnipeg means 91% of city properties have a smaller lot, highlighting this as a key feature.
2. Is the finished basement included in the 1,728 sqft living area?
Typically, "living area" refers to above-grade, heated space. The finished basement is an additional asset, providing extra usable rooms or recreational space not reflected in the main square footage figure.
3. The home is 40 years old. What should I consider?
While major systems like roof, windows, or furnace may be due for inspection or updates, the home's age is relatively newer than many in Winnipeg (ranking top 30% city-wide). This can mean a more modern layout and potentially fewer legacy issues than much older homes.
4. How significant is the lot size?
At over 8,600 sqft, the lot is a major feature. It provides ample private outdoor space, which is increasingly rare. This appeals not just for recreation, but also for future possibilities like adding a deck, shed, or even an addition, subject to local bylaws.
5. Does a high assessed value guarantee the selling price?
Not necessarily. The assessed value ($519,000) is for municipal tax purposes and is a strong data point indicating the city's valuation. The final sale price will be determined by the current market, condition, and buyer demand, but this assessment suggests a solid value foundation.