18 Addington Bay

Property Overview

This 1977-built, one-storey home in Eric Coy offers a practical layout with 1,358 sqft of living space on a generous 6,421 sqft lot. Its key feature is a finished basement, adding valuable flexible space. The home presents as a solid, no-fuss property with a connected garage and ranks well within Winnipeg for its lot size and assessed value. Its appeal lies in its established neighborhood setting and the potential of its spacious yard. It would suit first-time buyers, downsizers looking for single-level living, or value-oriented investors seeking a property with a finished basement for rental income or extended family use. A thoughtful perspective is that while the home is older, its above-average lot size in the city offers a relative rarity: room to grow, garden, or expand, which is increasingly valuable. The rankings suggest it's a competitively sized home for Winnipeg, but buyers should note its value is more in the land and finished space than in modern finishes or features.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this home to others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the "top 23%" for lot size in Winnipeg means 77% of homes have smaller lots, highlighting this property's above-average outdoor space.

2. Is the finished basement included in the 1,358 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space not reflected in that main figure.

3. The home was built in 1977. What should I be aware of?
As a home nearing 50 years, a thorough inspection is essential. Key systems like roofing, plumbing, electrical, and the foundation should be carefully evaluated, as updates may be needed or planned for.

4. The 2017 sale price was $360,000, but the current assessed value is $427,000. Why the difference?
The assessed value is the city's valuation for property tax purposes and may not reflect the current market price. The 2017 sale shows historical data, and the current price will be influenced by market conditions since then and any updates made to the home.

5. There's no mention of recent updates or renovations. What's the condition likely to be?
The listing does not specify recent upgrades, so it is prudent to assume the home may feature original or older components like windows, kitchen, and bathrooms. This should be factored into renovation budgets and offering strategy.