Property Overview: 795 Coventry Road, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home on an exceptionally large lot in the Eric Coy neighborhood. Built in 1961, its primary appeal lies in its land: at nearly 22,000 sqft, the property size surpasses 99% of all homes in Winnipeg, offering rare potential for privacy, expansion, or landscaping. The home itself is modest at 1,109 sqft of living space with a finished basement and a detached garage. Its value is further anchored by a strong assessment value, ranking above 76% of the city.
The property suits two distinct types of buyers. First, it's ideal for those who prioritize land over a large existing footprint—buyers looking for a solid starter home with unparalleled outdoor space for gardens, recreation, or future projects. Second, it appeals to long-term investors or builders who recognize the underlying value in such a sizable urban lot, viewing the existing structure as a foundation for significant renovation or redevelopment.
A less obvious perspective is its competitive positioning within its immediate area. While the home's age and size are average for its street and community, the lot size is a dominant feature that sets it apart, suggesting a property that outperforms its neighbors in one key, tangible metric.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, being in the top 1% for lot size city-wide highlights its most exceptional feature.
2. Is the finished basement included in the 1,109 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional feature, adding usable space not reflected in that main square footage figure.
3. What are the implications of such a large lot?
Beyond space, it can mean higher property taxes relative to similarly sized homes on smaller lots, but also greater autonomy for additions, parking, or landscaping with fewer space constraints.
4. The home ranks lower for age and living area locally. Should I be concerned?
This indicates the immediate area may have newer or larger homes. It reflects the character of the neighborhood but doesn't diminish this property's standout attribute—its land. It may represent a relative value opportunity.
5. How does a "detached" or "split" garage affect usability?
A detached garage offers flexibility for workshop use or reduces noise transfer to the house, but requires going outdoors to access, a consideration for Winnipeg winters.