Property Overview: 94 McDowell Drive
Key Characteristics & Appeal
This well-established two-storey home in Eric Coy sits on a generous 6,139 sqft lot, offering more outdoor space than most in the wider Winnipeg area. Built in 1978, the 1,792 sqft residence presents a practical layout with a finished basement and an attached garage. Its appeal lies in its above-average footprint, both in living area and land size, providing room to grow or simply enjoy within a mature neighbourhood.
The property’s competitive value is underscored by its rankings: it stands in the top 16% of Winnipeg homes for living space and the top 12% for municipal assessed value. This suggests a home that offers more substance than many others on the market for the price point. It would particularly suit value-conscious buyers looking for a spacious, turn-key property without venturing into new suburban developments. It’s an ideal match for those who prioritize indoor and outdoor space over a brand-new build, and who appreciate a home with a proven, stable valuation history in a settled community.
Frequently Asked Questions
1. How does the age of the home (built 1978) factor into its value?
While 48 years old, the home ranks newer than 73% of properties in its immediate community, indicating it is among the more recent builds in the area. This age typically means established infrastructure and mature landscaping, but buyers should factor in the potential for updates to major systems like roofing, windows, or HVAC.
2. The lot is large, but what does that mean practically?
At over 6,000 sqft, the lot size is a significant asset, ranking highly locally. This allows for greater privacy, gardening potential, play space, or future additions like a deck or shed, which can be limited on smaller, newer lots.
3. The 2020 sale price was $535,000 with a current assessment of $543,000. What does this indicate?
The close alignment between a recent sale price and the current assessment suggests a stable and realistic market valuation. It shows the property hasn’t been subject to volatile speculative pricing, which can be reassuring for buyers seeking a fair-market purchase.
4. What do the community rankings (e.g., top 21% for living area) actually tell me?
These rankings concretely show that within the Eric Coy neighbourhood, this home offers more living space than nearly 80% of other properties. You are getting a larger-than-average home for that specific area, which often correlates with greater utility and resale appeal.
5. The home has a finished basement. Is this included in the listed living area?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 1,792 sqft likely refers to above-ground living space only. The finished basement is a valuable bonus that adds functional space for recreation, guests, or storage.