Property Overview & Key Characteristics
This is a well-maintained, single-storey home in Winnipeg's Eric Coy neighbourhood, built in 1981. Its primary appeal lies in its generous proportions and established setting. The 1,629 sqft living area is above average for the city, and it sits on a large, 6,139 sqft lot, offering ample indoor and outdoor space. A key feature is the finished basement, which adds significant functional space. The home presents a practical, grounded option: it's not the newest on the street, but its size and lot offer tangible value. Its city-wide rankings for size and assessed value are notably strong, suggesting it outperforms many Winnipeg homes in these key metrics.
This property would suit buyers looking for a move-in ready, spacious bungalow without a premium for modern luxury. It's ideal for those who prioritize room to grow, garden, or simply spread out over having a brand-new build. It also represents a solid opportunity for buyers who see value in a home that has been cared for over decades, in a mature community with settled greenery and character.
Frequently Asked Questions
1. How does the home's age affect its condition and potential costs?
Built in 1981, major systems like the roof, windows, and furnace may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the solid rankings suggest it has been well-maintained relative to its peers.
2. What do the "ranking" percentages actually mean for daily life?
They indicate how this home compares to others nearby. For example, ranking "in the top 28%" for lot size in Winnipeg means you get more yard space than most city homes. However, ranking in the "top 95%" for lot size within Eric Coy itself shows that even larger lots exist in this specific community.
3. Is the finished basement included in the 1,629 sqft living area?
Typically, municipal living area (sqft) calculations in Canada do not include below-grade spaces, even if finished. The 1,629 sqft likely refers to the above-ground living space, with the finished basement providing bonus square footage.
4. What is the feel of the Eric Coy neighbourhood?
As an established area with homes primarily from the 1970s and 80s, Eric Coy offers mature trees and a settled atmosphere. The large lot sizes on McDowell Drive contribute to a more spacious, suburban feel within the city.
5. Why is the assessed value notably higher than many Winnipeg homes?
The assessment reflects the property's substantial lot size and above-average living area for the city. It indicates that the municipal assessor views the combination of land and building size as a key source of value here.