Property Overview & Key Characteristics
This two-storey home in Eric Coy is defined by its exceptional space and land. Built in 1956, its primary appeal lies not in its age but in its substantial footprint: over 3,500 square feet of living space on a sprawling one-acre lot (43,512 sqft). This combination of a large house on a massive, private parcel is exceedingly rare within Winnipeg. The property ranks in the top 1% of the city for both lot size and living area, offering a level of roominess and potential that is hard to find outside of rural settings. It features a finished basement and an attached garage.
The home’s appeal is for a specific buyer: one who prioritizes immense interior and exterior space over modern turn-key finishes. It perfectly suits a large or multi-generational family needing ample bedrooms and living areas, or a visionary buyer who sees the value in the land and solid structure, willing to invest in updates to customize the interior. It’s a property for those seeking a private retreat with room for gardens, play, or expansion, yet still within a community setting.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being in the "top 1%" for lot size and living area in Winnipeg means it is larger than 99% of other homes in the city, highlighting its rarity. The lower rankings for building age indicate it is an older home compared to many others.
2. Is the acreage usable, or is it low-lying or problematic?
While the listing confirms the size, prospective buyers should verify the topography and drainage of the land through a site visit and potentially a survey. An acre in the city can be a fantastic asset, but its usability for gardens, recreation, or future projects depends on its specific condition.
3. What is the nature of the finished basement?
The listing notes a finished basement, but details on ceiling height, layout, moisture control, and the quality/recency of the finish are important to clarify, as these factors greatly affect the livable space and comfort.
4. Given the age and size, what are the expected utility and maintenance costs?
A home of this vintage and square footage will likely have higher heating/cooling costs than a newer, smaller home. Budgeting for ongoing maintenance and potential updates to systems like plumbing, electrical, or windows is a prudent consideration.
5. How does the assessed value relate to the likely selling price?
The municipal assessment is for taxation purposes and is often not the same as market value. The final sale price will be determined by current market demand for a unique, large-lot property like this one.