114 Deerpark Drive

Property Overview & Key Characteristics

This 1987-built, two-storey home sits on a generous 7,126 sqft lot in Winnipeg's Eric Coy neighbourhood. With 1,829 sqft of living space and a finished basement, it offers practical, well-proportioned family living. Its appeal lies in a balanced combination of space, established location, and relative value. The property ranks highly for its newer build year and above-average lot size within its immediate area, suggesting a well-maintained home in a mature setting. The finished basement adds immediate functional space without the need for renovation.

It would suit first-time buyers or growing families looking for a move-in-ready home with ample yard space in a settled community. It's also a sensible option for value-focused buyers who appreciate a home that performs well on key metrics like lot size and property age compared to its neighbours, without the premium of a brand-new build.

Frequently Asked Questions

1. How does the "ranking" system work?
The rankings compare this property to others on its street, in Eric Coy, and across all of Winnipeg for specific metrics. For example, being newer than 93% of homes on its street indicates it's one of the most recently built houses in that immediate area.

2. Is there parking without a garage?
The listing notes no garage, so parking would be via a driveway. It's worth verifying the driveway's capacity and if there are any municipal restrictions for street parking.

3. What does the assessment value mean for the listing price?
The municipal assessment of $551,000 is a tax valuation, not a market price. However, ranking higher than 89% of Winnipeg homes for assessed value indicates the city views it as a above-average property, which can be a positive signal for underlying value.

4. The home is 39 years old – what should I consider?
While ranked as newer for its area, a home of this age will have had major components like the roof, windows, furnace, and possibly plumbing updated. The condition and age of these systems will be a key focus during inspection.

5. Why is the lot size a notable feature?
At over 7,000 sqft, the lot is significantly larger than many in urban Winnipeg. This offers greater privacy, space for gardening, play, or future additions like a deck or shed, which is a growing rarity in established neighbourhoods.