Property Overview: 711 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on an exceptionally large, half-acre lot in the Eric Coy neighborhood. Built in 1962, the 2,022 sqft residence features a finished basement and an attached garage. Its primary appeal lies in its rare combination of generous indoor living space and vast outdoor potential within the city. The property ranks in the top 1% in Winnipeg for lot size, offering a level of privacy and room for expansion—be it for gardens, recreation, or future additions—that is increasingly difficult to find.
The home would suit buyers who prioritize land over a new build, seeing value in the solid foundation and space to customize over time. It’s ideal for those wanting a quiet, settled neighborhood feel while still having room to create their own oasis. It also presents a compelling opportunity for multi-generational living or those who work from home and desire separate outdoor and indoor spaces. The strong rankings for both living area and lot size suggest a property that offers more substance than many contemporaries in its price range.
Frequently Asked Questions
1. What is the condition of a home built in the 1960s?
While the core structure is solid, buyers should budget for updates to major aging components like the roof, windows, and mechanical systems (furnace, plumbing). A thorough inspection is essential to prioritize these investments.
2. How can such a large lot be utilized?
Beyond traditional gardening, the space allows for adding a substantial workshop, a sport court, or extensive landscaping. The size also provides a buffer from neighbors, enhancing privacy in a way smaller lots cannot.
3. What are the annual property taxes?
Taxes are based on the assessed value of $496,000. Prospective buyers should calculate the estimated annual tax using the current City of Winnipeg mill rate to accurately budget for carrying costs.
4. Is the finished basement a legal suite?
The listing notes a finished basement but does not specify it as a legal secondary suite. Buyers interested in rental income would need to verify its compliance with local zoning and licensing regulations, which may require upgrades.
5. Why is the community ranking for "newness" lower than others?
The home ranks newer than only 26% of houses in Eric Coy, indicating the neighborhood has many newer homes. This isn't necessarily negative; it means the area has been consistently desirable and developed over decades, offering a mix of mature and newer properties.