Property Overview
This 1982 two-storey home in Eric Coy offers a practical and spacious family layout on a large 6,139 sqft lot. Its key appeal lies in its above-average living space (1,965 sqft) and a fully finished basement, providing ample room for growing families or those who value flexible living areas. The home ranks highly within Winnipeg for its size and assessed value, suggesting it represents a solid footprint for the price. It would suit buyers looking for a established, no-frills property with room to personalize, or those prioritizing interior space and a large yard over a newer build. A thoughtful perspective is that while the home is older, its strong rankings for size and value in the broader city context indicate it's a competitively scaled property in the market, potentially offering more interior room than many newer homes in a similar price range.
Frequently Asked Questions
1. What is the significance of the property rankings?
The rankings show how this home compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, it ranks in the top 10% of Winnipeg for living area, meaning it's larger than 90% of homes in the city, which is a notable advantage.
2. Is the 44-year-old age of the home a concern?
While the building systems are not new, the home ranks newer than 77% of properties in the Eric Coy community, indicating the neighborhood itself is well-established. Buyers should budget for expected maintenance of an older home but can take comfort in its relative standing in the area.
3. What does the lot size offer?
At over 6,000 sqft, the lot is substantially larger than average. This provides excellent outdoor space for play, gardening, or future additions like a deck or shed, which can be harder to find in newer subdivisions.
4. How does the assessed value relate to the asking price?
The municipal assessment of $528,000 is a benchmark for property taxes and is not the market price. However, the fact that this assessment ranks higher than 86% of Winnipeg homes suggests the city views it as a substantial property, which can be a useful data point in valuation.
5. What is the community of Eric Coy like?
The listings show the home ranks in the top 5% for lot size within Eric Coy, but lower for living area relative to the neighborhood. This suggests the community may have a mix of very large lots and some homes with even larger square footage, pointing to a varied, established suburban setting.