107 Deerpark Drive

Property Overview: 107 Deerpark Drive

This 1986-built, single-story home sits on a large, mature lot in the Eric Coy neighborhood. Its key appeal lies in offering established, low-maintenance living with private outdoor space. The fully finished basement and in-ground pool are significant value-adds, transforming it from a standard bungalow into an extended family or entertainment-ready home.

Key Characteristics & Ideal Buyer
The home’s primary characteristics include 1,602 sqft of living space, a fully finished basement, an in-ground pool, and an attached garage on a substantial 6,921 sqft lot. Its appeal is grounded in space and functionality: the large yard and pool create a private summer oasis, while the finished basement adds flexible living or recreational area. The one-storey layout is ideal for those seeking accessibility or simply preferring to avoid stairs.

This property would best suit practical buyers looking for a move-in-ready home with established landscaping in a quiet neighborhood. It’s a strong match for families seeking backyard fun, multi-generational households benefiting from the extra basement space, or downsizers who want single-level living but don’t want to compromise on yard size or amenities like a pool. A less obvious perspective is its value for hosts and homebodies; the combination of a large lot, pool, and finished basement supports a lifestyle centered around home-based recreation and gatherings without requiring immediate renovations.

Frequently Asked Questions

1. How does the age of the home (built in 1986) affect its condition and potential costs?
While well-maintained, a 40-year-old home will have aging core components. Buyers should budget for potential updates to major systems like the roof, HVAC, or windows, and will want a thorough inspection. The rankings show it is newer than most homes in its immediate community, which is a positive.

2. What is the true value of the provided neighborhood rankings?
The rankings compare this property to others on its street, in Eric Coy, and across Winnipeg for metrics like lot size, age, and assessed value. They indicate it has a larger lot and higher assessed value than most homes in Winnipeg, but a more average living space size for its immediate area. This suggests you are paying for the land, amenities, and location more than sheer interior square footage.

3. Are there any concerns with owning an in-ground pool in Winnipeg’s climate?
An in-ground pool is a premium luxury but requires commitment. Owners must factor in significant seasonal opening/closing costs, ongoing maintenance, higher insurance, and utility costs for heating and filtration. It’s a major lifestyle asset but also a responsibility.

4. Who might the “fully finished basement” suit specifically?
Beyond extra living space, it’s ideal for creating a separate suite for adult children or aging parents, a dedicated home office/workshop, or a media and entertainment room insulated from the main floor. It effectively doubles the home’s usable living area.

5. The assessed value is $519,000. How should a buyer interpret this in relation to the listing price?
The assessed value is for municipal tax purposes and reflects a mass appraisal from a past date. It’s a useful data point showing the home is valued in the top 15% of Winnipeg properties. However, the final market price is determined by current supply, demand, condition, and amenities like the pool, which may not be fully captured in the assessment.