Property Overview: 652 Coventry Road, Winnipeg
This well-situated Eric Coy bungalow presents a classic and practical home on an exceptionally large lot. Built in 1958, its key appeal lies in its generous, mature 13,619 sqft property—a significant rarity that offers immense potential for gardening, expansion, or simply enjoying private outdoor space. The home itself is a manageable 891 sqft one-storey layout with a finished basement and a detached garage.
Its primary strengths are its land size and location, ranking in the top 3% of Winnipeg for lot area. This makes it particularly suited to buyers who value space and privacy over a large interior footprint, such as first-time homeowners looking for a starter property with room to grow, downsizers seeking a single-level living with a substantial yard, or investors recognizing the long-term value of the land. The appeal is grounded in practicality and potential, offering a solid foundation in a established neighbourhood.
Frequently Asked Questions
1. How does the home's age and size affect its value?
While the living space is modest and the home is older, the property's value is significantly bolstered by its lot size, which is well above average. The assessment reflects the total package of land and building. Buyers should view it as a land-centric purchase with a livable home included.
2. What does the "finished basement" entail?
The listing notes a finished basement, which adds functional living space to the 891 sqft main floor. Prospective buyers should inquire about the finish quality, ceiling height, moisture control, and whether it includes a separate entrance or legal suite potential.
3. Are the rankings positive or negative for this property?
They provide nuanced context. The lot size ranks exceptionally high (top 3% in Winnipeg), a major positive. The age and living area rankings are lower, which is typical for original bungalows of this era and confirms the property is valued more for its land than for a large or modern house.
4. What are the implications of such a large lot?
Beyond privacy, it offers future opportunities like adding a garage, workshop, or garden suite (subject to zoning approvals). It also means higher maintenance (lawn care, landscaping) and potentially higher property taxes relative to houses on standard lots.
5. Who is the typical buyer in this area?
The Eric Coy neighbourhood attracts a mix of long-term residents, young families, and practical buyers. This specific property, with its large lot and manageable house, would likely appeal to those planning a multi-phase homeownership journey, possibly starting here and renovating or rebuilding in the future while secured in a desirable location.