Property Overview & Key Characteristics
This is a well-established, single-storey home in the Eric Coy neighbourhood of Winnipeg, built in 1978. Its primary appeal lies in its generous, 6,088 sqft lot, offering significant outdoor space that surpasses most homes in the immediate area. The home itself features 1,340 sqft of living space, a finished basement, and an attached garage. Its current assessed value positions it favourably compared to a majority of properties across Winnipeg.
The property suits buyers looking for a solid, move-in-ready home with ample yard potential in a mature community. It’s particularly fitting for those who value space and privacy over brand-new construction, and for whom a manageable, single-level layout is a priority. A thoughtful perspective is that while the home’s interior size is average for its community, the lot size is a standout asset, offering room for expansion, gardening, or outdoor living that is harder to find in newer subdivisions. Its strong city-wide assessment ranking also suggests it represents a stable, equity-holding property within the broader market.
Frequently Asked Questions
1. How does the age of the home affect its condition and potential costs?
Built in 1978, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the home has clearly been maintained to hold its value over time.
2. What does the "finished basement" entail?
The listing confirms a finished basement but does not specify the extent, quality, or if it includes legal egress. It adds flexible living space, but details on ceiling height, moisture control, and permitted use should be verified.
3. The community rankings seem low; is this a concern?
The home ranks in the top tier for lot size and age on its street, but lower for size and value within the wider Eric Coy community. This indicates the property is a strong performer on its specific block, but is situated in a neighbourhood that may have many larger or higher-value homes overall.
4. What are the advantages of a large lot like this?
Beyond simple privacy, a 6,088 sqft lot provides rare potential for additions like a shed, deck, or patio. It could be a major asset for families, pet owners, or anyone interested in landscaping, and often appreciates independently from the home itself.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who wish to avoid any future renovation projects may find the 1978 floor plan and potential update needs less appealing. It may also not fit those who prioritize being in the top tier of their immediate neighbourhood for living space.