Property Overview
This property is a spacious, well-established family home built in 1997, situated on an exceptionally large lot in Winnipeg's Eric Coy neighbourhood. Its primary appeal lies in the rare combination of a generous, half-acre parcel of land with a modern, single-storey home that requires no major updates. The finished basement and attached double garage add to its move-in-ready practicality. The home's standout feature is its land size, which ranks in the top 1% of all properties in Winnipeg, offering immense privacy and potential for gardening, recreation, or future expansion.
It would best suit buyers looking for a peaceful, suburban lifestyle with ample outdoor space without sacrificing modern comforts. It's ideal for families seeking room to grow, or for those who value privacy and a connection to nature within the city. The rankings suggest it offers a strong value proposition for its assessed value in the area, appealing to pragmatic buyers who appreciate both space and a home that doesn't require immediate work.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show this property is exceptional in its lot size and assessed value compared to nearly all homes in Winnipeg. It's newer than most in its immediate community, and its living space is comfortably above average. This data indicates a property that is both a standout in its market and a consistently above-average offering in its locale.
2. Is the large lot a benefit or a burden?
It's a significant benefit for privacy, outdoor activities, and potential, but it does mean more yard maintenance. The appeal is for those who view the land as usable living space—for gardens, play areas, or simply enjoying the openness—rather than seeing it as a chore.
3. Who might this property not suit?
It may not suit those seeking a brand-new build, a dense urban walkable lifestyle, or a very low-maintenance yard. The single-storey layout is excellent for accessibility but may be less ideal for buyers specifically seeking multiple defined living levels.
4. The home was built in 1997. What should I consider?
A home of this age is likely to have major components (like the roof, HVAC, or windows) that are original or nearing the end of their typical lifespan. A thorough inspection is crucial to understand the timeline for potential future investments, though the home avoids the concerns of much older properties.
5. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is a strong data point, showing the home is valued highly by the city assessor. However, the final sale price will be determined by the current market, buyer demand for its unique features (especially the lot size), and the listing price set by the seller.