71 Mcdowell Drive

Property Overview

71 McDowell Drive is a substantial two-storey home in Winnipeg's Eric Coy neighbourhood, distinguished by its significant size and premium positioning within the market. Its primary appeal lies in offering expansive, modern living space on a large lot, a combination that is increasingly rare. The home features a renovated basement, an attached garage, and a pool.

Key Characteristics & Ideal Buyer

This property is defined by its elite scale. With over 3,800 square feet of living space, it ranks in the top 1-2% of homes citywide and is the largest on its street. It sits on a generous 10,673 sqft lot, which is well above the city average, providing ample outdoor privacy. Built in 2005, it is a notably newer construction compared to most Winnipeg homes. The assessed value of $1.01M firmly places it in the upper tier of the market.

The appeal is for buyers seeking space and prestige without venturing into custom estate territory. It perfectly suits growing or multi-generational families who need ample room and value modern amenities like a renovated basement and a pool for recreation. It also fits professionals looking for a statement home in a established neighbourhood, offering both immediate livability and a long-term asset in a highly desirable market segment. A thoughtful perspective is that this home offers the space of a rural property with the convenience and community of a city neighbourhood, all while being a relatively new build requiring less immediate upkeep than a historic mansion.

Frequently Asked Questions

1. How does the property truly compare to its surroundings?
The data is striking. This home is not just large; it is the largest by living area on McDowell Drive and ranks in the top 2% of the entire Eric Coy area. Its assessed value is also number one on the street, indicating it is viewed as the premier property in its immediate locale.

2. Is the pool a common feature for homes like this?
While pools are desirable, they are not standard even in this price range. It adds a luxury recreational element but also entails specific maintenance considerations and seasonal utility that buyers should factor in.

3. What does the sale history indicate?
The home sold for $940,000 in May 2020. The current assessed value of $1.01M suggests significant appreciation in a short period, reflecting strong market trends for premium, spacious properties.

4. Who might this property not suit?
It may not suit first-time buyers or those seeking a low-maintenance lifestyle, given the scale of the home and lot. It's also likely above the threshold for buyers focused solely on the entry-level or even mid-range segments of the Eric Coy market.

5. How does the land size compare?
The lot is exceptionally large citywide (top 5%), providing great privacy. Interestingly, while above average for its street, it is around the median size for the broader Eric Coy area, suggesting the neighbourhood itself is known for spacious lots.