Property Overview
This 1972 one-storey bungalow sits on a large, approximately 8,500 sqft lot in the Eric Coy neighbourhood. Its key appeal lies in the combination of a spacious, private yard and a home that offers practical, single-level living with a finished basement. With 1,125 sqft of living space above grade, it is a manageable size for a variety of buyers.
The property’s standout characteristic is its land. The lot size ranks in the top 10% of all Winnipeg properties, offering significant outdoor space that is increasingly rare. While the home itself is older and its living area is modest relative to the neighbourhood, it presents a solid foundation. The finished basement adds functional space, and the split garage provides practical storage. Its overall assessed value ranks higher than most of the city, suggesting a well-regarded location.
This home would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout without sacrificing yard space. It’s also a potential candidate for those with a long-term vision, as the large lot could allow for future expansion or landscaping projects, making it a pragmatic purchase with room to grow.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The property’s lot of 8,479 sqft is exceptionally large, ranking in the top 10% across Winnipeg. It offers substantially more outdoor space than most homes in the city.
2. Is the home’s size a concern compared to others in the area?
The 1,125 sqft living area is modest, ranking below about 74% of homes in the Eric Coy community. This suggests a more compact living footprint on a large lot, which could be ideal for those prioritizing outdoor space over interior square footage.
3. What does the assessment ranking indicate?
With an assessed value higher than 68% of Winnipeg homes, the property is in a solid municipal valuation tier. This often reflects a combination of lot size, location, and building quality.
4. How old is the home, and what does that mean for maintenance?
Built in 1972, the home is older than about half of Winnipeg’s housing stock. Prospective buyers should budget for updates and consider a thorough inspection of major systems like roof, windows, and mechanicals common to this era.
5. What is the neighbourhood ranking based on?
The rankings compare this property to others on its street, in Eric Coy, and across Winnipeg for specific metrics like lot size, age, and value. For example, it ranks highly for lot size city-wide but is more average within its immediate community for age and living area.