Property Overview: 720 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a distinctive, one-storey bungalow situated on an exceptionally large, nearly half-acre lot (19,005 sqft) in the Eric Coy neighbourhood. Built in 1960, the 1,185 sqft home features a finished basement, an in-ground swimming pool, and a split garage. Its standout characteristic is the immense, private backyard, which offers rare potential for expansion, gardening, or recreation within the city.
The appeal lies in a unique combination of space, amenities, and established location. The property ranks in the top 2% of Winnipeg for lot size, offering a level of privacy and outdoor potential uncommon in urban settings. The presence of a pool adds a resort-like amenity for summer months. It suits buyers looking for a single-level living layout on a premium lot, whether they are a family seeking expansive outdoor space, someone interested in future development potential, or a buyer who values established, mature neighbourhoods over newer subdivisions. It’s a property for those who see the land itself as a primary asset, with the existing home serving as a comfortable foundation.
Frequently Asked Questions
1. How does the age of the home (1960) impact maintenance?
Prospective buyers should budget for updates consistent with a home of this era, such as the roof, windows, or major systems. However, the well-maintained structure and the significant value anchored in the land itself can offset typical renovation timelines.
2. What are the annual costs associated with the swimming pool?
Operating an in-ground pool involves recurring costs for seasonal opening/closing, chemicals, increased water usage, and electricity for pumping/filtration. Insurance premiums may also be marginally higher.
3. Is there potential to expand or rebuild on this lot?
The lot's massive size is its most compelling feature and does present clear potential for additions, a laneway home, or even future redevelopment, subject to City of Winnipeg zoning bylaws and permitting.
4. How do the property rankings translate to real-world value?
The rankings indicate the property is a standout for lot size city-wide (top 2%) and above-average for assessed value in its area. This suggests a strong fundamental asset, though interior finishes and layout may reflect its original build era.
5. What is the neighbourhood character of Eric Coy?
Eric Coy is an established, mature community with a mix of mid-century homes on varied lot sizes. The area offers stability and greenery, with the large lot at 720 Coventry Road being a particularly quiet and private enclave within it.