This 1968 one-storey home in the Eric Coy neighbourhood presents a practical opportunity for a specific type of buyer. Its key appeal lies in the combination of a very generous, mature lot and a fully finished basement, offering space and potential at a value-conscious price point. The home itself is modest in size at just over 1,300 square feet, but the nearly 8,400 sqft lot is a significant asset, ranking in the top 10% of Winnipeg for size. This creates immediate outdoor space and future potential. The house ranks above average for its age and living area within its local context, suggesting it is a well-sized home for its immediate area. It would suit a first-time buyer, an investor, or a downsizer who prioritizes land size and a finished lower level over modern finishes or a large main-floor footprint. The lack of a garage is a trade-off for the lot size, appealing to those who see value in outdoor space or future expansion over immediate covered parking.
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What is the neighbourhood like? Eric Coy is a mature, established community. The home's rankings show it is a fairly typical property for the area in terms of size and age, suggesting consistency rather than standing out, which can be positive for long-term value.
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Is the lot a good feature? Absolutely. A lot of this size is uncommon in the city and is the property's standout characteristic. It allows for gardening, recreation, and privacy that newer subdivisions often lack.
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How updated is the home? The listing notes a finished basement but does not specify recent renovations. Given the 1968 build date, buyers should budget for potential updates to major systems (like roof, windows, plumbing) and interior finishes.
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Why is the assessed value notable? The assessment is below the area average for both the street and community. This could indicate a value opportunity, but it's essential to understand if this reflects the condition, the lack of a garage, or other factors a professional inspection could clarify.
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Who would this not suit? It may not fit buyers seeking a modern, move-in-ready home with an open-concept layout or those for whom attached garage parking is a daily necessity, especially given Winnipeg's climate.