Property Overview & Key Characteristics
This is a distinctive, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1974. Its most defining feature is the exceptionally large, private lot of nearly half an acre (21,762 sqft), which places it in the top tier of properties in the city for land size. The home itself offers 1,476 sqft of living space, a finished basement, and a split garage. A notable and rare amenity for the area is a private swimming pool. The property's assessed value reflects its premium standing, ranking highly within its immediate street, community, and across Winnipeg.
The appeal lies in a unique blend of space, privacy, and recreational potential. It suits buyers who prioritize a substantial, park-like yard for gardening, family play, or entertaining over having a larger house footprint. The pool offers a resort-like convenience, while the finished basement and garage provide practical space. This property would be ideal for a family seeking room to grow outdoors, an entertainer, or someone looking for a private retreat within the city. A thoughtful perspective is that the generous lot represents long-term value and flexibility that a newer home in a denser subdivision simply cannot offer, making it a rare find for the right buyer.
Frequently Asked Questions
1. How does the age of the home (1974) factor into its value?
While the structure is over 50 years old, the property's immense value is heavily weighted toward its land. The lot size is a permanent, irreplaceable asset that significantly outweighs the age of the home in this case. Buyers should expect maintenance consistent with a home of this era, but with the benefit of established trees and a mature landscape.
2. Is the pool a major consideration?
Yes. A private pool is uncommon in Winnipeg and is a major lifestyle feature. It provides great enjoyment but also requires specific seasonal maintenance, insurance considerations, and operational costs. It will be a key attraction for some buyers and a potential drawback for others not wanting the responsibility.
3. What does the high assessment value ranking mean?
The assessment ranks in the top 6% city-wide, indicating the municipal government views this as a high-value property relative to most in Winnipeg, primarily due to the land. This is a strong indicator of its market position, but the final sale price is determined by the market.
4. Who is the typical buyer for this property?
The most likely buyer values outdoor space and privacy above all else. This could be a family wanting room for children and pets to play safely, a gardening enthusiast, or someone who enjoys hosting large outdoor gatherings. It's less suited for buyers seeking a modern, low-maintenance interior without a corresponding interest in the land.
5. Are there any less obvious advantages to such a large lot?
Beyond the obvious space and privacy, a lot of this size offers future potential. It provides excellent noise buffering from neighbours, more natural light, and possibilities for expansions like a larger deck, shed, or even future subdivision, subject to city zoning bylaws. It also typically means fewer property line disputes and a greater sense of seclusion.